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South Korea's tourism to revive as Chinese visitors return

01/14/2020| 2:39:38 PM|

Several of China's major tour agencies would restart selling five to six tour packages to South Korea, according to a Nomura note.

The years-long disputes between China and South Korea are getting resolved, and analysts at Nomura Holdings expect Chinese tourists to return en masse to the nation of K-Pop.

Media reports in China said several of its major tour agencies would restart selling five to six tour packages to South Korea, according to a Nomura note. The firm said its research showed Chinese group-package trips are resuming and got confirmation from a major travel agency in the country that its tour companies have started offering services to domestic customers for the upcoming spring festival.

The ties between the two countries soured after the U.S. deployed a missile shield in South Korea in 2017 to protect the nation from its northern neighbor.

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TAGS: South Korea | outbound tourism
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