South Korea Tourism Report Q2 2018

South Korea Tourism Report Q2 2018

BMI View:

South Korea's tourism market had a difficult 2017 due to a decline in travel from the key regional market, China, aconsequence of poor political relations which resulted in a widespread travel ban for Chinese travellers. While we hold a morepositive outlook for 2018, with rising visitor numbers expected to result in higher tourism related spending and hotel industry value,any growth in the market is to a large extent dependent upon a thawing of bilateral relations which would enable large Chinese tourgroups to once again visit South Korea's many attractions.

BMI Industry View
Industry Forecast
Industry Risk/Reward Index
Asia Pacific Tourism Risk/Reward Index
South Korea Tourism Risk/Reward Index
Market Overview
Competitive Landscape

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