Saturday, August 13, 2022

Chinese visitors to Korea spike in Dec


Chinese visitors to South Korea rebounded in December 2016, up 15.1 percent year-on-year, according to data from the Korea Tourism Organization (KTO).

The rebound follows from a slowdown in Chinese inbound tourist growth in October (4.7 percent) and November (1.8 percent).

CLSA analysts in a note on Tuesday said they believed the growth will continue through this month.

“We believe this trend will continue in January 2017 and that market concerns will ease. Duty free (DF) sales growth should be even stronger thanks to Chinese resellers,” said the brokerage.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

3rd party / Cookies
Show settings
Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief