Integrated resorts eyed as pillar for Korea's future tourism growth

Vice Culture Minister Kim Dae-hyun highlighted the integrated resort (IR) industry as a pillar of Korea's future tourism growth, Friday. "With the surging global influence of K-culture and rising foreign interest in Korea, integrated resorts will serve as a future growth engines and key pillars in achieving our goal of surpassing 30 million annual inbound tourists," Kim said during a congratulatory speech at The Korea Times Global Business Club, referring to the government’s 2030 goal. Kim opened the event by highlighting the explosive growth of Asia’s integrated resort industry, citing Marina Bay Sands in Singapore and an ongoing development project in Osaka, Japan, as exemplary cases of models driving national economies. He emphasized Korea’s ongoing proactive efforts, such as easing regulations for the Inspire Integrated Resort and Kangwon Land's K-HIT project, to attract investment and strengthen competitiveness. Seo Won-suk, a professor at Kyung Hee University and president of the KOSOK, highlighted that Korea’s tourism industry must shift from quantitative growth to qualitaWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times