Travel & Leisure
Travel & Leisure
Korean hotels bask in rising foreign visitors; travel agencies in trouble
Apr 22, 2025 (Gmt+09:00)
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Travel & Leisure
S.Korea’s foreigners-only casinos bask in return of Chinese high rollers
South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and J...
Apr 10, 2025 (Gmt+09:00)
3 Min read -
Travel & Leisure
SoftBank-backed Yanolja raises stake in Modetour as No. 2 shareholder
South Korea’s top travel and accommodation booking platform operator Yanolja Co. has increased its stake in travel agency Modetour Network Inc....
Mar 27, 2025 (Gmt+09:00)
2 Min read -
Travel & Leisure
J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay
The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring ...
Feb 23, 2025 (Gmt+09:00)
2 Min read -
Travel & Leisure
S.Korean overseas card spending posts record $5.71 bn in Q3
With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third quar...
Nov 26, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Paradise targets Taiwanese MICE market
Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibitio...
Nov 12, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Lotte Hotels & Resorts to upcycle used PET bottles
South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish a...
Oct 11, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Yanolja Cloud Solution relocates headquarters to India
South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidia...
Oct 08, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Naver to upgrade Korean map service for foreigners
South Korean online giant Naver Corp. is set to upgrade its digital map service for foreigners to attract more global users as the domestic market gr...
Oct 02, 2024 (Gmt+09:00)
2 Min read -
Travel & Leisure
Paradise opens VIP-only casino at Walkerhill Hotel
Paradise Co., a South Korean casino operator, unveiled a new VIP section at its Walkerhill Hotel casino, aiming to capitalize on its recent performan...
Sep 20, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Rising overseas trips to raise Korea’s travel account deficit
Demand for overseas travel among South Koreans during the upcoming holiday grew, while the number of inbound tourists from China is expected to shrin...
Sep 14, 2024 (Gmt+09:00)
3 Min read -
Travel & Leisure
Seoul breaks ground on Mt. Namsan gondola facility
The Seoul Metropolitan Government on Thursday held a groundbreaking ceremony for gondola facilities that will shuttle passengers from the base of Mt....
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
1.4 mn foreign tourists visits S.Korea in July
The Korea Tourism Organization (KTO) said on Thursday that the number of foreign tourists visiting South Korea in July was 1.41 million, an increase ...
Aug 29, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
S. Korea’s foreigner-only casinos suffer poor profit
Foreigner-only casino operators in South Korea reported weaker-than-expected operating profit in the second quarter as prolific gamblers traveling fr...
Aug 19, 2024 (Gmt+09:00)
3 Min read -
Travel & Leisure
Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indust...
Aug 16, 2024 (Gmt+09:00)
3 Min read -
Travel & Leisure
Lotte Tour to operate cruise to Hong Kong
South Korea's Lotte Tour Development Co. announced on Tuesday that it signed a charter agreement with global cruise line Costa Cruises to operate a c...
Jul 24, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Korea’s taxi app i.M ties up with MK Group to land in Japan
South Korea’s premium ride-hailing app i.M joined hands with Japan’s taxi operator MK Group to allow each platform's customers to use bot...
Jul 09, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
S.Korean travelers splurge in Japan on softer yen
South Korean travelers spent a total of 431.4 billion won ($312 million) through debit and credit cards in Japan in the first half of this year, twic...
Jul 09, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
KTO holds Visit Korea Alliance exhibition for foreigners
The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition for foreigners thro...
Jul 08, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Korea’s top resort operator Sono buys T'way stake for $76 mn
South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billion...
Jul 03, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
S.Korea sees foreign visitors 95% of pre-pandemic
The Korea Tourism Organization (KTO) announced on Friday that the number of foreign tourists visiting South Korea in May was 1.42 million, an increas...
Jun 28, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Jeju casinos, hotels bask in return of Chinese tourists; luxury shops fall
Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top r...
Jun 18, 2024 (Gmt+09:00)
2 Min read -
Travel & Leisure
Lotte Hotels & Resorts opens L7 Hotel in Chicago
South Korea’s Lotte Hotels & Resorts announced on Friday that it held the opening event for L7 Chicago by Lotte in Chicago, the US, Earlier...
Jun 14, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Tour launches premium travel brand High&
Lotte Tour Development Co. announced on Tuesday that it launched the brand High& for high-quality premium package travel products.High& is a ...
May 28, 2024 (Gmt+09:00)
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Travel & Leisure
InterContinental Seoul COEX to close in July
Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to ...
May 27, 2024 (Gmt+09:00)
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Travel & Leisure
Hotel Lotte resumes global push with management deals
Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and ...
May 21, 2024 (Gmt+09:00)
3 Min read -
Travel & Leisure
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul last...
May 09, 2024 (Gmt+09:00)
3 Min read -
Travel & Leisure
Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in S...
May 05, 2024 (Gmt+09:00)
4 Min read -
Travel & Leisure
Lotte Tour's Jeju Island casino triples revenue
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed $6 million in cumulati...
May 03, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Korean retailers, hotels enjoy tourist boom in May holidays
South Korean retailers and hotels are enjoying a boom thanks to an expected surge in tourists at home and abroad as more than 180,000 foreigners are ...
Apr 30, 2024 (Gmt+09:00)
4 Min read
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