Asia Tourism Economy – ASIATERI

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Korean Outbound Travel Spending Rises as TEPT Signals Premium Shift

Monthly trends in Korean outbound tourism spending from January 2024 to October 2025 reveal clear seasonal patterns alongside a strong post-pandemic recovery in the tourism economy. This analysis focuses on Travel Expenditure per Traveler (TEPT), defined as the average amount of overseas travel expenditure incurred by an outbound traveler, which serves as a key indicator […]

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Korea–Japan Currency Gap Widens, Increasing Tourism Flow to Japan

The chart below presents key movements in the Korean won (KRW) exchange rate against major global currencies from 2022 to 2025, offering essential insight into how currency trends have influenced Korea’s outbound tourism market. During this period, the KRW depreciated against most major currencies, including the USD, EUR, SGD, and THB – an environment that

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