Uncategorized

Hundreds of accommodation businesses on Jeju Island close amid decrease in Korean visitors

People relax on a beach amid strong winds on north Jeju, Tuesday. Many accommodation facilities in Jeju are closing this year as the resort island is losing its sheen with Korean tourists. Yonhap

Hundreds of accommodations on the resort island of Jeju are closing as it is losing its sheen with Korean vacationers.

According to the local government of Jeju Province on Friday, 227 accommodations, including small-sized hotels and hostels, went out of business between January and May, with 21 temporarily closing.

This is a grim sign of Jeju’s economy, which heavily relies on the tourism sector. During the same period the previous year, five such businesses reported their closures, with one temporarily suspending operation.

Home-stay business owners accounted for 219 of 248 those closing this year permanently or temporarily.

The number of accommodations there swelled during the COVID-19 pandemic, from 5,933 in 2021 to 6,960 in 2023, as many 추천 Koreans opted to choose Jeju as their holiday destination amid strict border restrictions in place across the world.

With all pandemic restrictions lifted, many travelers have gone overseas instead since the end of the pandemic, which was officially declared over by the World Health Organization in May 2023.

For the first five months of this year, 4,926,088 Korean tourists visited the island, compared with 5,344,546 in 2023 and 5,539,816 in 2022.

There has been a surge in the number of foreign visitors to Jeju. But they tend to stay at big hotels, many of which have business deals with travel agencies that bring them to the island through their package programs.

Related Posts

Pagcor Cuts Betting Platform Fees Through April 1

Alejandro Tengco, president and chief executive of the Philippine gaming regulator, said the Philippine gaming regulator is set to cut licensing fees for “online and on-site betting platforms”…

MGM China Wynn Macao Ltd.’s Dividend Surprise

Two Macau casino operators each announced their annual dividends on Thursday for the first time since the 2019 trading year before the COVID-19 pandemic, according to what one…

Macau Casino GGR $1.8 billion on March 24

Citing industry inspection results, JP Morgan Securities (Asia-Pacific) said on Monday that Macau’s total casino gross gaming revenue (GGR) daily utilization for the first 24 days of March…

Actor Shin Hyun-joon, who is serious about sports for the disabled, challenges wheelchair basketball

Shin’s challenge is his second after para ice hockey, which he played with Captain Han Min-soo, the main character of the 2018 PyeongChang Paralympic bronze medal, in December…

Should I Fill Shohei Ohtani’s Vacancy with Votto?

Should I Fill Ohtani’s Vacancy with Votto? MLB Angels ‘Eating Mustard While Crying’ The Los Angeles Angels, who had to send Shohei Ohtani (29), who became a free…

KT Wes Benjamin, Who Returned 11 Runs to 11K

KT Benjamin, Who Returned 11 Rruns to 11K, “Successfully Took Revenge on Hanwha” KT Wiz foreign starter Wes Benjamin succeeded in getting revenge against the Hanwha Eagles. Benjamin…

Leave a Reply

Your email address will not be published. Required fields are marked *