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Tourism in OECD Countries 2008

Trends and Policies

image of Tourism in OECD Countries 2008
Tourism in OECD Countries 2008 is the first edition of a biennial publication which analyses best practice in OECD and selected non member economies. It surveys a number of initiatives taken by governments and businesses in the tourism field. The report opens with an overview of the key issues and challenges in tourism policy. The second chapter reviews two important aspects of tourism policy in more detail: the impact of global value chains on small- and medium-sized enterprises (SMEs) in tourism; and the role of services trade liberalisation in tourism development. The third chapter presents detailed profiles on organisation, budgets, policies, programmes and statistics in tourism for 32 countries.

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Korea

Total tourism revenues in 2006 reached USD 5.3 billion, a decrease of 8.6% over the previous year. According to the Tourism Satellite Account, in 2004 the total value added by tourism was KRW17 606 billion, representing 2.26% of GDP in Korea. The total number of tourism employees is 852 471, or 5.04% of the total number of employees in Korea (Table 3.60). In 2006, the number of foreign tourist arrivals increased by 2.2% on 2005, to reach 6.155 million, mostly from other Asian countries. Japan is Korea’s dominant market, accounting for 38% of all international arrivals in 2006. The 2006 increase is smaller than in 2004, when arrivals grew by 22.4%, and in 2005 when the increase was 3.5%, but indicates nonetheless a continuation of an upward trend. Since 2003, the Korean Wave phenomenon (Box 3.13) had a strong effect on Korea’s tourism industry. In 2005, this phenomenon produced good results for various marketing and public relation activities and contributed to the achievement of a record 6 million arrivals.

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