15 May 2009

Collapse of outbound travel from Korea

The latest monthly statistics available from the Korea Tourism Organization indicate that in January, February and March 2009 departures of Koreans were down -38.6%, -33.5% and -28.6% respectively on the same month in 2008 (HT to Associate Professor David Duval at the University of Otago).

Data from Statistics New Zealand indicate that in the same months, when compared with 2008 numbers, Korean resident arrivals to New Zealand were down -42%, -29% and -19% respectively. Tourism New Zealand has market research available on South Korea NEW.

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