South Korea’s tourism industry faces a significant setback as the nation grapples with political turmoil following President Yoon Suk Yeol’s controversial declaration of martial law on December 3. According to CNA, the fallout, marked by protests and growing safety concerns, has already led to booking cancellations and raised fears of a slowdown in tourist arrivals.
Tourism Targets at Risk
Authorities now doubt they will reach their 20 million foreign tourist target for 2024. Winter, traditionally a peak season for visitors—especially from Southeast Asia—is critical for tourism revenue, but industry insiders report a noticeable dip in bookings.
Kim Young-hwan, Director-General of Seoul’s Tourism and Sports Bureau, remains cautiously optimistic, suggesting it may still be possible to hit 17 million arrivals this year. “Through consistent updates about safe travel, we plan to do everything to attract visitors and achieve our goal of 30 million next year,” Kim said.
The Korea Tourism Organization reported 7.7 million inbound visitors in the first half of 2024, but recent events have dampened hopes for sustained growth.
Political Crisis Disrupts Stability
The crisis began when President Yoon declared martial law, suspending civilian governance. Though military control lasted only six hours, the decision sparked national outrage and prompted Yoon’s impeachment on December 16.
South Korea’s constitutional court has started proceedings to determine Yoon’s fate, a process that could take three to four months. In the interim, large-scale protests have erupted across the country, adding to concerns about safety and stability.
Assistant Professor Myunghee Lee from Michigan State University notes that public demonstrations are unlikely to subside soon. “Protesters are celebrating their victory in impeaching Yoon, but they will continue to push for an expedited court decision,” Lee said.
Tourism Hopes Amid Uncertainty
The tourism sector remains hopeful that clarity will restore confidence. However, with ongoing investigations and the potential for prolonged unrest, businesses must brace for a challenging few months ahead.
For now, South Korea’s once-thriving tourism ambitions remain clouded by political uncertainty, as industry leaders focus on maintaining safety assurances and regaining international trust.
Photo: travellersnep
