Government to support tourism industry hit by China’s retaliatory actions

Government to support tourism industry hit by China’s retaliatory actions

The Korean government will extend a helping hand to Korea’s tourism industry, which is feeling the blow of China’s growing economic retaliation. Seoul is expected to suffer tens of billions of dollars in losses if Beijing, upset over South Korea’s defense upgrade decision… continues to target the sector. Kim Min-ji has the latest. The Korean […]

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S. Korea’s tourism industry moving to accommodate rise in Muslim visitors

S. Korea’s tourism industry moving to accommodate rise in Muslim visitors

The slump in the number of Chinese tourists to South Korea since Beijing’s tour ban… has prompted Seoul to reassess… and refocus its overseas marketing. The country is keen to attract tourists from new markets,… including Muslim nations, as a new source of growth. Our Won Jung-hwan has more on Korea’s efforts to accommodate the […]

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Sluggish economy hits Korea′s tourism industry this summer: poll 경기불황 탓…올해 여름휴

Sluggish economy hits Korea′s tourism industry this summer: poll   경기불황 탓…올해 여름휴

The summer just gone was one to forget for Korea′s tourism industry on the whole. A poll by the Korea Culture and Tourism Institute shows nearly 54 percent of tour businesses saw a decline in business compared to last year. Over 60 percent of tour agencies, one- to three-star hotels, amusement establishments and casinos had […]

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Korea works to diversify its tourists by offering convenient services and special exepriences

Korea works to diversify its tourists by offering convenient services and special exepriences

China banned group tours to Korea. Part of many visible economic retaliation against Seoul’s decision to deploy the THAAD missile defense system. Beijing’s action hit the local tourism industry hard. However, Korea has a knack for bouncing back and finding another way in such trying times. Lee Ji-won introduces to us some of those countermeasures. […]

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President Park announces plans to improve tourism industry

President Park announces plans to improve tourism industry

The Korean government announced a set of plans for improving the country’s tour programs. President Park Geun-hye ordered officials to focus on quality over quantity and put the tourists’ experience at the forefront of their plans. Song Ji-sun starts us off with a rough draft for plans to better cater to the needs of foreign […]

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The hottest industry in the Korean economy of late is the tourism industry and a

The hottest industry in the Korean economy of late is the tourism industry and a

Tourism is the hottest industry in the Korean economy lately,…and it′s fueled by Chinese travellers. That′s what Korea′s Finance Minister Choi Kyung-hwan said today… as he was visiting the popular southern island of Jeju. Pointing out that Chinese tourists enjoy shopping in Korea,… and tend to visit Seoul and Jeju Island,… building sufficient infrastructure to […]

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Korea′s tourism industry suffers billions in losses due to MERS ″메르스로 국내

Korea′s tourism industry suffers billions in losses due to MERS   ″메르스로 국내

Korea′s tourism industry has lost billions of dollars in revenue over the past few months because the recent outbreak of Middle East Respiratory Syndrome. The Korea Culture and Tourism Institute says the number of foreign tourists who visited Korea from June to September was one-point-five million lower this year than the same period last year. […]

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Effect of MERS on tourism industry could pull down GDP growth by 0.1%p: BOK chie

Effect of MERS on tourism industry could pull down GDP growth by 0.1%p: BOK chie

The tourism industry has taken the biggest hit from the MERS outbreak,… so much so that Korea′s top central banker says the impact could drag down the country′s GDP growth by zero-point-one-percentage point this year. At a meeting with economists today,… Bank of Korea Governor Lee Ju-yeol said… the number of overseas tourists dropped by […]

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