Korean market expands in 2012

February 23, 2012 by  
Filed under News, Thailand

BANGKOK, 23 February 2012: Kasikorn Research Centre estimates South Korean arrivals to Thailand this year could increase 20% to reach 1.22 million trips and generate Bt40 billion in revenue compared to 1.01 million visits and Bt32 billion in 2011.

KRC research said the outlook for South Korean outbound travel remains promising as trends indicate consumers favour destinations in the Asia Pacific.

South Korea travellers made over 1 million trips to Thailand in 2011 and were in fifth place following the top suppliers Malaysia, China, Japan and Russia.

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Asiana buys A380s

January 7, 2011 by  
Filed under News

SEOUL, 7 January 2011 – South Korea’s Asiana Airlines said Thursday it had agreed to buy six Airbus A380 superjumbos in a deal worth US$1.8 billion as it tries to cash in on booming demand from China and the rest of Asia.

The country’s second-largest carrier said the European manufacturer had agreed to deliver the planes between 2014 and 2017, adding they would be used on routes to Europe and the United States.

The agreement, worth 2.04 trillion won (US$1.8 billion), comes as an easing of visa rules on South Korean visitors to the United States and an ever-growing number of Chinese travellers fans demand for lucrative trans-Pacific flights.

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Tourists cancel trips to South Korea

November 29, 2010 by  
Filed under News

SEOUL, 29 November 2010 – High tensions on the Korean peninsula are unnerving foreign business travellers and tourists, with some cancelling trips to South Korea amid fears of war, officials said Monday.

Japan’s Sony Corp. cancelled an executive trip set for early December, Honda banned business visits and a group of Polish buyers scrapped a visit to a business forum, said a spokesman for the Korea Trade-Investment Promotion Agency.

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