South Korea's tourism, soft power gains, at risk from extended political crisis
SEOUL, SOUTH KOREA — From plastic surgery clinics to tour firms and hotel chains, South Korea's hospitality sector is wary of the potential impact of a protracted political crisis, as some overseas travelers cancel trips following last week's brief bout of martial law. South Korea's travel and tourism industry, which generated $59.1 billion in 2023, around 3.8% of GDP, has held up through previous bumps in the road, including a 2016 presidential impeachment and periodic tensions with North Korea. Читать дальше...