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New Markets for
Ethiopia ...
Korea Now a
Tourism 'Superpower'
The
number of Koreans travelling abroad passed
the 10 million mark for the first time in
2005, growing at a rate of 14.2% for the
year. The upturn helped drive arrivals
figures to new heights in popular Korean
destinations such as China (PRC), Japan
and the USA.
The
outbound surge was particularly strong in
the Korean summer with more than one
million Koreans travelling abroad in both
July and August, the country's peak
outbound season.
Statistics
from the Pacific Asia Travel Association
(PATA) and the Korea Tourism Organization
show that:-
* The most
popular destination regions were Asia
(72.6%), the Americas (8.1%), Europe
(5.8%), and the Pacific (4.5%).
* China
(PRC) and Japan were the most popular
countries, attracting 2.96 million and
1.74 million Koreans respectively. China
(PRC) and Japan together captured 51.1% of
total Korean outbound.
* In
Europe, Germany and the UK were first and
second most popular destinations with
141,606 and 111,845 arrivals
respectively.
* Travel
for pleasure accounted for 60% of Koreans'
trips (business 22.5%).
* The
pleasure travel category accounted for 77%
of all Koreans' trips to the Pacific; 62%
of all trips to Asia; 51.8% of all trips
to Europe; and 38% of all trips to the
Americas.
* More
than half (52.4%) were aged 40 years or
younger, with a significant number (29.1%)
aged 30 years or younger. Koreans over 60
years old only accounted for 9.3% of the
total.
* Air was
easily the most preferred mode of travel
with Seoul's Incheon airport capturing
80.9% of all outbound
movements.
Korea's
inbound tourism sector is also booming,
with 6.02 million arrivals in 2005, up
3.5% on 2004 and passing the six million
mark for the first time.
"The
Korean outbound tourism miracle has been
the product of dramatic, and at the time,
painful structural reform in the economy
following financial collapse in '97-98,"
said PATA Director-Strategic Intelligence
Mr John Koldowski. "Over time, as the
Korean people's spending power
strengthened, so did their resolve to
spend it on overseas experiences,
especially in Asia."
Mr
Koldowski cited Korea as a strong example
of a country that operates by the
principle of 'total tourism' -- a belief
that inbound, outbound and domestic
tourism delivers a range of socio-cultural
benefits, as well as an economic
multiplier effect across many sectors of
society.
"For many
years Korea had a reputation for isolation
-- the 'hermit' kingdom, as it was known.
Now Korea's culture, consumption patterns
and investments are an integral part of
the Asia Pacific success story," he
said.
ABOUT
PATA
Founded in
1951, the Pacific Asia Travel Association
(PATA) is the recognised authority on Asia
Pacific travel and tourism. PATA provides
leadership and advocacy to the collective
efforts of nearly 100 government, state
and city tourism bodies, more than 55
airlines and cruise lines, and hundreds of
travel industry companies. In addition,
thousands of travel professionals belong
to dozens of PATA chapters
worldwide.
PATA's
mission is to enhance the growth, value
and quality of Asia Pacific travel and
tourism for the benefit of its membership.
PATA is a not-for-profit
organisation.
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