SOUTH KOREA TOURISM TAKES A BIG HIT WITH COLLAPSING REVENUES

• In the second quarter of this year, South Korea's tourism revenue plummeted to a 17-year low as a result of the novel coronavirus pandemic, government data Monday on revealed.
• The Korea Tourist Organization (KTO) announced the US $1.19 billion in tourism revenue for the April-June period, a decrease of 78.6% from $5.57 billion in the same period of last year.

Three months earlier, it toppled over at 65.....