South Korea’s low-cost carriers (LCCs) are racking up losses as slowing growth in travel, particularly to Japan, fueled price wars to fill excess seats following aggressive fleet expansion and route additions last year.The deadly crash of a Jeju Air flight from Bangkok at Muan Internatio
(Courtesy of Korean Air) South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitability in the second half, capitalizing on a stronger local currency and falling fuel costs. According to the Korean avi
Casino at Mohegan Inspire on Yeongjong Island (Courtesy of News1) South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and Japan, who shunned their neighboring country amid heightened political tensions f
Paradise Casino (Courtesy of Paradise) Foreigner-only casino operators in South Korea reported weaker-than-expected operating profit in the second quarter as prolific gamblers traveling from China have swept game tables, more than offsetting the increases in the number of casino visitors
Paradise's VIP section at Walkerhill Hotel casino Paradise Co., a South Korean casino operator, unveiled a new VIP section at its Walkerhill Hotel casino, aiming to capitalize on its recent performance surge and collaboration with Walkerhill Hotel's parent company SK Group.The company said on T
Jeju Island (Getty Images) Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top resort island of Jeju. Meanwhile, luxury boutiques at duty-free shops are being sidelined with falling sales.According t
Chinese group tourists shop at a duty-free shop in Myeong-dong, Seoul on May 7, 2024 (Courtesy of Lotte Duty Free) Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul last summer, raising expectat
Kangwon Land Casino Kangwon Land Inc., the operator of South Korea’s only casino open to locals, has long been struggling with declining visitors.Located in a remote area in the mountainous region of Gangwon Province, over 200 km northeast of Seoul, Kangwon Land has often been criticized
The main entrance of Mohegan Inspire Entertainment Resort on Yeongjong Island (Courtesy of Mohegan Inspire) Mohegan Inspire Entertainment Resort on Yeongjong Island, near South Korea’s gateway Incheon International Airport, is attracting throngs of visitors on weekends as it is going vira
Image of Inspire Entertainment Resort casino (Courtesy of Inspire) Mohegan Gaming & Entertainment (MGE) will open a foreigners-only casino at its resort complex in Incheon, South Korea in the first quarter after the Korean government on Wednesday granted the US casino operator its first per
Lotte Tour Development's Jeju Dream Tower (Courtesy of Lotte) South Korea’s Lotte Tour Development's Jeju-based casino saw record revenue in July thanks to an increased number of foreign tourists to the country’s largest island for their summer vacation.Lotte Tour announced on Thurs
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., broke the 10 billion won ($7.6 million) mark last month in net sales for the first time thanks to the resumption of economic activities. The tourism and leisure company said it c
Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verification service created by South Korean tech-fin company Lordsystem Co. This innovative platform streamlines the identity verification process for forei