Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Gold set to end the week with losses amid mild US inflation data

    August 15, 2026

    Over 2,100 Deaths Reported as Congo’s Ebola Crisis Approaches 2014’s Deadliest Outbreak

    August 15, 2026

    July Electric Vehicle Sales Rise 9%, Europe Tops Global Growth Figures

    August 14, 2026
    Somalia Daily News: Somalia’s news, every day in context.Somalia Daily News: Somalia’s news, every day in context.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Somalia Daily News: Somalia’s news, every day in context.Somalia Daily News: Somalia’s news, every day in context.
    Home » South Korea tourist spending hits record in May
    Travel

    South Korea tourist spending hits record in May

    June 29, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    SEOUL, SOUTH KOREA / MENA Newswire / – Foreign tourist spending in South Korea reached a record 1.41 trillion won, or about $911 million, in May, as inbound card use rose sharply from a year earlier. The Korea Tourism Organization said spending by foreign visitors increased 73.7 percent year on year. May also marked the third straight month that foreign tourist spending stayed above 1 trillion won.

    South Korea tourist spending hits record in May
    Shopping and beauty wellness lead South Korea’s foreign tourist spending.

    The record came during a period of higher inbound travel to South Korea. Foreign arrivals reached 1.95 million in May, up 19.4 percent from a year earlier. In the first five months of 2026, the country received 8.72 million foreign visitors. That was a 21 percent increase from the same period last year, based on preliminary tourism data.

    South Korea also passed 10 million foreign arrivals during the third week of June. The Ministry of Culture, Sports and Tourism said the mark came about a month earlier than last year. The 2026 pace placed inbound tourism ahead of the comparable 2025 period. China remained the largest source market in May, followed by Japan and other major Asian markets.

    Shopping leads spending

    Shopping accounted for 39.1 percent of foreign tourist spending in May, the largest share among tracked sectors. Beauty and wellness ranked second at 21.1 percent. Fashion made up 14.3 percent, while lifestyle food accounted for 11.9 percent. The figures show that travel spending in South Korea covered retail, services, personal care and food purchases.

    Earlier May card data showed foreign tourist spending above 2 trillion won for the first time under a broader card-spending measure. That dataset placed inbound card spending at 2.12 trillion won, up 67.1 percent from a year earlier. Spending by Chinese visitors more than tripled in that measure. Shopping, transportation, medical and wellness services, and food and beverage all recorded strong yearly gains.

    Visitor flows rise

    Chinese mainland visitors totaled about 560,000 in May. Visitors from Taiwan reached about 190,000, while Hong Kong arrivals stood near 60,000. Japan ranked second as a source market with about 360,000 visitors. Long-haul arrivals from Europe and the Americas also totaled about 360,000. Those markets helped lift overall inbound travel during the month.

    The latest data points to a broad rebound in South Korea tourism spending, with foreign visitors using cards across major consumer categories. Seoul shopping districts, beauty services, fashion outlets and food businesses remained central to the monthly total. The record May figure placed tourism consumption among South Korea’s notable domestic demand indicators for 2026.

    Related Posts

    Etihad Announces Four Weekly Nonstop Flights Between Abu Dhabi and Gothenburg Starting December 17, 2026

    August 13, 2026

    $596.6 Million Tourism Surplus Achieved by South Korea in June 2026, the Highest Since the Pandemic

    August 10, 2026

    Spain Implements Temporary Border Checks for 2 Months on Travelers from Italy

    August 10, 2026

    UK Allocates £8.4 Billion for Nuclear Submarine Development Program

    July 31, 2026

    flydubai’s Italian Network Grows by Adding More Flights to Milan and Naples, Reaching 2x Daily to Milan-Bergamo

    July 30, 2026

    Emirates Introduces Cryptocurrency Payment Method for Flight Reservations Amid Strategic Expansion

    July 29, 2026
    Latest News

    Gold set to end the week with losses amid mild US inflation data

    August 15, 2026

    The US Federal Reserve and market analysts observed a downturn in global precious metals markets on Friday, with spot gold prices declining and signaling a potential weekly decrease. Data showed that spot gold slipped 0.5 percent to trade at $4,326.75 per ounce, while United States gold futures for December delivery fell nearly 1.0 percent to $4,382.50 per ounce. These market declines followed a sharp, temporary rally on Thursday, when bullion prices reached their highest levels in over two months before retreating 1.3 percent amid sudden profit-taking.

    Over 2,100 Deaths Reported as Congo’s Ebola Crisis Approaches 2014’s Deadliest Outbreak

    August 15, 2026

    July Electric Vehicle Sales Rise 9%, Europe Tops Global Growth Figures

    August 14, 2026

    South Korea’s July Vehicle Exports Reach $6.24 Billion, Setting a Monthly High

    August 14, 2026

    5.4 Magnitude Earthquake Strikes Near Sost in Gilgit-Baltistan

    August 14, 2026

    Etihad Announces Four Weekly Nonstop Flights Between Abu Dhabi and Gothenburg Starting December 17, 2026

    August 13, 2026

    Over 1.3 Billion Young People Celebrate International Youth Day 2026 with Focus on Investment and Inclusion

    August 13, 2026

    Over 3,000 youth-focused social media addiction cases remain in federal court after Meta and TikTok’s appeal is rejected

    August 12, 2026
    © 2026 Somalia Daily News | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.