Now In Korea

Domestic Travel in Korea Faces Prolonged Slump

Creatrip Team

a year ago

Consumer Insight's recent report highlights a shift towards shorter, more budget-friendly domestic trips in South Korea, indicating a prolonged slump in the domestic travel market. Travel durations and expenditures have diminished since last year, with average trip length at 2.88 days and spending down to 220,000 KRW per person. Despite a slight increase in travel planning intentions since February, expenditures are expected to either remain stable or decrease further, due to ongoing economic concerns and lowered consumer spending.

Like the information?

Share with a friend

---