Articles tagged “korea”

Top Korea Hotel App Takes Majority Stake in Singapore Startup Zen Rooms

Top Korea Hotel App Takes Majority Stake in Singapore Startup Zen Rooms

Sam Kim, Bloomberg

Southeast Asia is one of the world's fastest-growing travel markets, and companies that want in on the excitement could learn from Yanolja and Zen's localized apps that are making waves in the region.

3 months ago

Korean Peace Talks Could Lead to Rail Upgrades and Links Between North and South

Korean Peace Talks Could Lead to Rail Upgrades and Links Between North and South

Kim Tong-Hyung, Associated Press

Better trains and railways would be another key step in opening up North Korea to outsiders, and the government is actually admitting this. We will see how far this actually gets with sanctions still in place.

4 months ago

Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Blake Schmidt and Yoojung Lee, Bloomberg

If the success of Macau is any proof, it's that betting big on building integrated resorts throughout Asia is a sure thing in the long run. That is why so many destinations, from Singapore to Japan to Korea, are attracting developers who want to cash in.

6 months ago

South Korea’s Asiana Airlines Faces Tough Competition from Low-Cost Carriers

South Korea’s Asiana Airlines Faces Tough Competition from Low-Cost Carriers

Kyungji Cho, Bloomberg

Is it possible South Korea only has room for one full-service global airline? Or will Asiana's fortunes improve soon — perhaps during its upcoming winter Olympics — as the airline predicts?

11 months ago

South Korea Outbound Travel Spurred by Pursuit of Stress-Free Vacations

South Korea Outbound Travel Spurred by Pursuit of Stress-Free Vacations

Jiyeun Lee, Bloomberg

Domestic vacations are fine, but South Koreans are increasingly looking abroad for trips given all the tension these days on the Korean peninsula. If only their families in North Korea had the same options.

1 year ago

South Korea Is Having Trouble Selling Tickets for the Next Olympics in 2018

South Korea Is Having Trouble Selling Tickets for the Next Olympics in 2018

Kim Tong-Hyung, Associated Press

It's a shame that political circumstances threaten to undermine the upcoming Winter Games.

1 year ago

Air Travel Is the Latest Casualty of China-Korea Tensions

Air Travel Is the Latest Casualty of China-Korea Tensions

Dong Lyu and Kyunghee Park, Bloomberg

As global travel companies and destinations try to get more business from Chinese travelers, how much of a roadblock will international conflicts be? Recent tensions with South Korea may provide a hint.

2 years ago

The Next Three Olympics Are Headed to Korea, Japan, and China

The Next Three Olympics Are Headed to Korea, Japan, and China

Christopher Bodeen, Associated Press

No Olympic Games is ever without its troubles or controversies, and hosting the Games is never cheap. Given what's happened in Rio, however, it's clear that Olympic organizers are realizing they need to be much smarter about which cities they pick to play host: While it's an incredible honor and source of pride for the countries picked, it can also be a tremendous financial and logistical burden, too.

2 years ago

For Low-Cost Airlines, Korea Punches Above Its Weight

For Low-Cost Airlines, Korea Punches Above Its Weight

Kyunghee Park, Bloomberg

Koreans may love a deal, but it's hard to believe a country of South Korea's size can support six low cost carriers long term.

2 years ago

Google Search Says MERS Hit Korean Tourism Harder Than Ferry Tragedy

Google Search Says MERS Hit Korean Tourism Harder Than Ferry Tragedy

Jiyeun Lee, Bloomberg

At terrible tragedy at sea seems like a one-off accident, while a health scare is a pandemic even when it isn't.

3 years ago

Singapore Air May Take a Stake in South Korea’s Jeju Air

Singapore Air May Take a Stake in South Korea’s Jeju Air

Kyunghee Park, Bloomberg

Over the next few years we're going to see a shake up in Asian airlines. This is just one of many multiple storylines we'll see.

4 years ago

Korea’s Incheon Airport Desperately Wants to Lure the Gambling Chinese Middle Class

Korea’s Incheon Airport Desperately Wants to Lure the Gambling Chinese Middle Class

Kyunghee Park, Bloomberg

Korea's whole "gambling just for foreign travelers" concept should be a red flag for anyone who's looking for long-term sustainability.

4 years ago