South Korea sees its worst tourism deficit in 2017


More than twice as many people traveled out
of Korea this year than came in,… resulting in one of the worst tourism deficits in the
country’s history. The Korea Tourism Organization said Sunday…
that more than 24 million Koreans travelled abroad as of November this year — up more
than 18-percent from the same period last year. Experts say that’s partly because the Korean
won strengthened against the Japanese yen, leading to an increase in travel to Japan. Meanwhile, the number of inbound travellers
dropped 23 percent,… due to China’s ban on group tours to Korea in retaliation to
Seoul’s deployment of the THAAD missile defense system. From January through October,… Korea posted
a tourism deficit of over 11 billion U.S. dollars, the worst ever for that ten-month
period.

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