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Title Strong Chinese group tourist arrivals boost South Korean duty free market
  • Korea SIM card (ip:)
  • 2016-07-08 17:08:28
  • Views 832

SOUTH KOREA. Chinese visitor numbers to South Korea in May rose by an encouraging +14.2% year-on-year to 705,844, according to Korea Tourism Organization.

Chinese visitors are critical to South Korea’s travel retail sector (the world’s largest), representing 47.3% of total arrivals in May.

For the first five months of 2016 Chinese arrivals rose by +13.9% over a strong 2015 base to 3,058,222.

The importance of group tourists to the travel retail channel is underlined by the breakdown of Chinese visitor numbers (see table below) with 2,596,982 group travellers arriving in the country over the first five months, a 85% share. Others (principally free independent travellers) represented just 438,344 arrivals, a 14.3% share, with business travellers and officials making up the balance. Attracting the FIT market is an increasingly important battleground in the fight between retailers to attract big-name luxury brands.

However, arrivals by ‘others’ fell -8.9% in the first five months, while Chinese group tourist numbers increased by +19.1%.

Japanese arrivals dipped -5.1% to 178,735 in May, a 12% share.

The first five months of 2016 saw a +1.9% rise in Japanese visitor numbers to 859,723, a 13.1% share.

Korean departures increased by +4.9% in May to 1,656,728; and for the first five months by +13.9% to 8,851,752.

Accumulative visitor arrivals by gender for first five months; Source: Korea Tourism Organization

Accumulative visitor arrivals by gender for first five months; Source: Korea Tourism Organization

Visitor arrivals by gender for May; Source: Korea Tourism Organization

Visitor arrivals by gender for May; Source: Korea Tourism Organization

Accumulative visitor arrivals by purpose and nationality for first five months; Source: Korea Tourism Organization

Visitor arrivals by purpose and nationality for May; Source: Korea Tourism Organization

Outbound departures of Korean nationals by gender for the first five months of 2016; Source: Korea Tourism Organization

Outbound departures of Korean nationals by gender for the first five months of 2016; Source: Korea Tourism Organization

Outbound departures of Korean nationals by age for the first five months of 2016; Source: Korea Tourism Organization

Outbound departures of Korean nationals by age for the first five months of 2016; Source: Korea Tourism Organization


From

http://www.moodiedavittreport.com/strong-chinese-group-tourist-arrivals-boost-south-korean-duty-free-market/

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