South Korea is forecasted to welcome over 20 million foreign tourists this year—surpassing the previous high of ~16.4 million tourists in 2024. This boom is expected to generate around $20.2 billion in revenue, accounting for approximately 2.5% of national consumer spending. This data comes from a report by the Hyundai Research Institute.
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Starting Friday, November 8, 2024, China will add South Korea to its visa-waiver program. The program allows Korean citizens to travel to China for up to 15 days without visa. The program extends through December 31, 2025. Korea tour group operators expect a surge in tourists traveling to China during the period.
Here’s our article on travel gifts.
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