Industry
Tourism, retail sectors already feeling pinch from political turmoil
Dec. 9, 2024
South Korea’s tourism and retail sectors face repercussions from the escalating political turmoil, with major economies issuing heightened alerts for travelers following President Yoon Suk Yeol’s short-lived martial law declaration last week. Starting Wednesday, several countries, including the US, the UK, Japan and Australia, have announced travel alerts, advising their citizens to avoid crowded areas and remain vigilant while staying in Korea. The seemingly heightened concerns cont