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Search results for “KTO”
The rise and fall of China outbound travel to South Korea
08/10/2017
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2:07:29 PM
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China outbound travel is booming and has a long way to go before maturity. Individual destinations should pursue the market, but be cognizant of the risks.
South Korean stocks plunge amid travel ban reports
03/03/2017
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5:36:14 PM
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South Korea's stock market saw a sell-off in hotels, cosmetic makers and other tourism-related companies on March 3, following China's reported ban on tour packages to South Korea amid the THAAD tension.
More Chinese visit South Korea despite THAAD row
08/15/2016
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11:26:46 AM
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Some 910,000 Chinese tourists visited South Korea in July, up 32% from the same month in 2014, according to the Korea Tourism Organization (KTO).
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016
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8:31:11 AM
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Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Chinese travelers spend over USD 100 billion overseas in 2015
02/04/2016
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6:08:26 PM
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Chinese outbound visitor traffic in 2015 reached 120 million, up by 12% YoY, and they spent USD 104.5 billion, increased by 16.7% YoY.
Chinese tourists inject US$17 billion into Korean economy in 2014
02/25/2015
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9:23:58 AM
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Chinese tourists are directly responsible for creating 340,000 jobs, equivalent to 0.06 jobs created per visitor.
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