The international tourism market, befitting for nicknames of tourism, an industry without chimney, high value added clean industry, and the 21th century`s high growth industry, has recorded 9% of annual mean high growth before financial crisis and tou...
The international tourism market, befitting for nicknames of tourism, an industry without chimney, high value added clean industry, and the 21th century`s high growth industry, has recorded 9% of annual mean high growth before financial crisis and tourism markets in each country is about to be extended. The development of Korea`s tourism industry for around 40 years reached a significant level in terms of its quality and quantity. During the period, tourism of Korea underwent two stages of development. At the first stage between 1960s and mid-1980s, Korean tourism has developed, centering on inbound tours policies mainly attracting foreign tourists. At the second stage between the late 1980s and now, it developed with tourism policy running inbound and outbound tours together. As a result of comparison and analysis of UAE, Malaysian and Korean tourism market, this study found the following advantages and disadvantages. First. UAE and Malaysia consistently increased surplus of tourist balance until recently whereas Korea consistently expanded deficit of its tourist balance. The biggest factor for this is that UAE and Malaysian government implemented tourism policy effectively while Korean government did not provide various tour products that foreigners can spend. Second, UAE and Malaysian people use English so it is very effective to do international tour. On the other hand, the problem for Korea is that there aren`t a lot of people who is able to communicate in English. Third, currently Korea should fine its position and way out in its tourism market in the market running inbound and outbound markets together. Fourth, because already Korea is a competitive nation compared to other nations in Asian tourism market, it has to develop way out by targeting the market for high class tourists by making quality tourism products. In the 21th century, international tourism developed to necessary industry and it is an industry flourishing as the national income increases.