travel agency Archives | Be Korea-savvy
FTC Orders Foreign Online Travel Agencies to Revise Unfair Refund Policies

FTC Orders Foreign Online Travel Agencies to Revise Unfair Refund Policies

SEJONG, Nov. 14 (Korea Bizwire) — South Korea’s corporate watchdog said Tuesday that it had foreign online travel agencies revise their unfair refund policies. The Fair Trade Commission (FTC) said it has looked into provisions and clauses of four firms — Agoda, Booking.com, Hotels.com and Expedia — and discovered unfair terms that restrict the cancellation [...]

Duty-Free Shops’ Commission to Travel Agencies Nearly Double in 2016

Duty-Free Shops’ Commission to Travel Agencies Nearly Double in 2016

SEJONG, Feb. 2 (Korea Bizwire) – Commission fees given by duty-free shops to travel agencies increased sharply to reach nearly 1 trillion won (US$872.4 million) last year on heated competition to attract more foreign travelers, customs data showed Thursday.  Twenty-two local duty-free operators paid a combined 967.2 billion won to tourist agencies and guides in [...]

China’s Tighter Travel Regulations Spark Concerns among Businesses

China’s Tighter Travel Regulations Spark Concerns among Businesses

SEOUL, Oct. 25 (Korea Bizwire) – The Chinese government has been moving to tighten regulations on cheap tour packages, raising concerns among South Korean businesses relying on the biggest source of travel income, industry officials said Tuesday.  Earlier this month, the China National Tourism Administration (CNTA) said it will closely look into “irrationally” cheap travel [...]

Travel Agencies Offer Vacation Packages to Danger Zones

Travel Agencies Offer Vacation Packages to Danger Zones

SEOUL, Oct. 12 (Korea Bizwire) – Wednesday’s parliamentary audit brought to light the revelation that Korean travel agencies are offering holiday packages to countries with government-designated travel alerts, with some calling for government intervention to safeguard citizens.  There are currently four levels of travel alerts issued by the Ministry of Foreign Affairs: Purple (areas needing [...]

Travel Agencies Offer More Options for Travellers

Travel Agencies Offer More Options for Travellers

SEOUL, May 23 (Korea Bizwire) – With an increasing number of Korean travelers preferring to vacation independently, travel agencies are broadening their offerings to adapt to the change in demand. As independent travellers are more prone to various forms of accidents, agencies are offering travel deals that are freer in terms of scheduling, but still [...]