[Yanolja Research Insights] Vol.26 Korea Tourism Destination Brand Equity: Model Development and Brand Performance Assessment
Korea Tourism Brand Equity: Key Insights and Strategic Directions Current Status of Korea’s Tourism Brand Inbound tourism to Korea surged to 16.37 million in 2024, nearing pre-pandemic levels, with projections to surpass the 2019 record in 2025. Traditional metrics like visitor numbers and spending alone do not fully capture the strength of Korea’s tourism brand. Social media data reveals how international visitors perceive Korea’s tourism brand across five dimensions: Brand Awareness, Brand Image, Brand Association, Brand Quality, and Brand Loyalty. Brand Equity Performance Highlights Brand Awareness slightly declined overall in 2024 despite increased tourist arrivals, with notable drops in China and Japan. Seoul remains the most recognized city, though its buzz volume decreased, while Jeju and Busan showed stable or improved awareness. Brand Image experienced a decline in positive sentiment, especially among visitors from Japan, Taiwan, and Southeast Asia, likely due to overto...