SEOUL, 26 June (BelTA - Yonhap) - The number of foreigners who travel to
South Korea is expected to top the 20-million mark this year, boosting
domestic demand, a report said.
According to the report compiled by Hyundai Research Institute, the number of foreigners who visit the country is estimated to top 20 million this year, which would mark a sharp rise from last year's estimated 16.37 million.
The report also said the country is expected to reap US$20.2 billion from their spending here.
The estimated income from foreign travelers accounts for 2.5 percent of last year's domestic spending, the report said.
According to the report compiled by Hyundai Research Institute, the number of foreigners who visit the country is estimated to top 20 million this year, which would mark a sharp rise from last year's estimated 16.37 million.
The report also said the country is expected to reap US$20.2 billion from their spending here.
The estimated income from foreign travelers accounts for 2.5 percent of last year's domestic spending, the report said.
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