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S. KOREA’S CONSUMPTION EXPENDITURE ON TOURISM DECLINES IN 2020

Published On 26 Apr 2021 11:45 AM


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Highlights –

  • S. Korea’s consumption expenditure on tourism declines in 2020.
  • Foreigners' spending in the domestic tourism and leisure sector plunged by nearly 80%.
  • Foreigners' spending plummeted 76.6 percent to 1.66 trillion won.
  • The car rental industry however posted a growth of 4.7 percent to 531.7 billion won.

The Korea Culture and Tour....


Tags : SOUTH KOREA TOURISM, SOUTH KOREA LEISURE SECTOR, PANDEMIC, CORONAVIRUS PANDEMIC, FOREIGNERS SPENDING IN SOUTH KOREA, CAR RENTAL SOUTH KOREA, KOREA CULTURE AND TOURISM INSTITUTE,
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