Duty free sales down by nearly 50 pct last year compared to 2019: data

🇰🇷 Yonhap News (KR) —
Duty free sales down by nearly 50 pct last year compared to 2019: data

AI Summary

Duty-free store sales in South Korea fell by nearly 50 percent last year compared to 2019 pre-pandemic levels, according to new data. The sharp decline reflects the lingering impact of reduced international tourism and changing travel patterns on the duty-free retail sector.

SEOUL, March 13 (Yonhap) -- Total sales at local duty free stores last year almo...

World Markets Travel duty free retail sales South Korea tourism pandemic impact travel recovery consumer spending

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