South Korea’s inbound and outbound travel gap narrowed sharply in August. π°π·✈️ Foreign arrivals reached 2.25 million, just below the 2.43 million Koreans traveling abroad. That marks a notable shift from the beginning of the year, when outbound travel was still far ahead. China was the largest source market in August, accounting for 36.9% of foreign arrivals, followed by Japan (18.6%), Taiwan (10.9%), and the U.S. (5.2%). The broader trend is also gaining momentum. Yanolja Research forecasts 23.57 million foreign visitors to South Korea in 2026, up 24.5% from 2025, with growth spreading beyond China to Japan, Taiwan, the U.S., and other markets. The key question now is how Korea can turn this growing inbound demand into higher spending, more regional travel, and repeat visits. π Read Yanolja Research Brief Vol.17 to explore what is driving Korea’s inbound growth and what could shape the rest of 2026. [Yanolja Research Brief Vol.17] Forecast of Inbound Tourist Arrivals to South Korea...
Not all famous festivals are equally attractive. ππΈ The NOL Korean Festival Index evaluates festivals across two separate dimensions: Awareness—how widely a festival is known and discussed—and Attractiveness—how positively visitors evaluate the festival experience. The Top 20 matrix shows that these two measures do not always move together. Some festivals rank high on both, while others are better known than they are positively evaluated—or show strong attractiveness despite relatively lower awareness. For example, Hwacheon Sancheoneo Ice Festival stands out for relatively high attractiveness, while Seoul Jazz Festival and Busan Fireworks Festival are positioned more strongly on awareness. The takeaway: being well known is not the same as being well liked. Understanding festival competitiveness requires looking at both Awareness and Attractiveness. π Explore the full festival rankings: NOL Korean Festival Index π Read the full report: [Yanolja Research Insights Vol.46] N...