Articles tagged “south korea”

Booking Holdings-Backed Yanolja Holds Big Ambitions to Dethrone Oracle Hospitality in Hotel Tech

Booking Holdings-Backed Yanolja Holds Big Ambitions to Dethrone Oracle Hospitality in Hotel Tech

Sean O'Neill, Skift

Bold words from eZee, an Indian subsidiary of South Korean travel unicorn Yanolja, which is backed by Booking Holdings.

2 weeks ago

Korean Air Warns That Coronavirus Could Put It Out of Business

Korean Air Warns That Coronavirus Could Put It Out of Business

Reuters

As far as warnings go, this is about as stark as you can get. For Korean Air Lines, its very survival really depends on how long the coronavirus crisis lasts.

8 months ago

North Korea Opens Ski Resort Amid Major Tourism Push

North Korea Opens Ski Resort Amid Major Tourism Push

Kim Tong-Hyung, Associated Press

Nothing says rest and relaxation like hitting the slopes when visiting a brutal, autocratic regime. This is only the beginning of North Korea's tourism push as it invests in industries unaffected by sanctions.

10 months ago

Japan’s Tourism Gains Offset by Tensions With South Korea

Japan’s Tourism Gains Offset by Tensions With South Korea

Isabel Reynolds, Bloomberg

Japan has made a big push to grow its tourism industry with a slew of high-profile sporting events. But tensions with its neighbor South Korea are diminishing the tourism gains it's otherwise making.

1 year ago

Travel Winners and Losers in Northeast Asia’s Conflicts

Travel Winners and Losers in Northeast Asia’s Conflicts

Raini Hamdi, Skift

Current conflicts in Northeast Asia do not stop people from traveling to and from the region, but they do redirect tourism flows, benefiting some destinations and hurting others.

1 year ago

#BoycottJapan Trending in South Korea, Impacting Travel

#BoycottJapan Trending in South Korea, Impacting Travel

Heejin Kim and Jihye Lee, Bloomberg

It's not the first time political tensions in north Asia have an impact on travel. Remember China's curb on trips to South Korea in 2017? Now Japan's tourism industry can expect a fall in arrivals from South Korea, where Instagrammers are flagging their flight cancellations for others to follow.

1 year ago

Asiana Airlines Faces Accounting Questions

Asiana Airlines Faces Accounting Questions

Kyungji Cho, Bloomberg

Airline financing is a complex business and Asiana understandably is trying to play down the impact of an auditor's assessment. Still, the decision may have repercussions.

2 years ago

Travel Advisor Innovation Report: Government Shutdown Puts Agents on Edge

Travel Advisor Innovation Report: Government Shutdown Puts Agents on Edge

Maria Lenhart, Skift

While the government shutdown had not yet had a serious impact on leisure travel business as of last week, many travel advisors became increasingly concerned about what a prolonged shutdown could mean.

2 years ago

Why Are So Many South Korean Travel Agencies Closing?

Why Are So Many South Korean Travel Agencies Closing?

Youjin Lee, Skift

Korean tour agencies got a harsh wakeup call last year. This year, they must prove they have a reason to exist alongside foreign online travel agencies and booming travel startups.

2 years ago

Korean Investors Target Guam as Tourism Growth Continues

Korean Investors Target Guam as Tourism Growth Continues

Kyungji Cho, Bloomberg

Korean investors are getting in on an advantageous financial environment in Guam to help develop the island's infrastructure and tourism capabilities. Strike while the iron is hot, just not nuclear hot.

2 years ago

Tourists May Soon Get to Walk Across North And South Korean Border

Tourists May Soon Get to Walk Across North And South Korean Border

Jihye Lee, Bloomberg

This would be one of the most significant steps that both North and South Korea have taken to open up tourism. But allowing border crossings is anything but a done deal at this point given the rocky relations between both countries.

2 years ago

Korean Air CEO Suspected of Embezzlement

Korean Air CEO Suspected of Embezzlement

Youkyung Lee, Associated Press

A family scandal in South Korea has ensnared the patriarch, the chairman of Korean Air. As airline employees take the extraordinary measure of hitting the streets to call for his resignation, it sounds like Cho Yang-ho is not long for the C-suite.

2 years ago