Week 3 - Wednesday (Blog Assignment Part Three)

1. Importance of Tourism to South Korea

            The number of foreign tourist arrival in South Korea annually is around 9.5 million. International tourists come primarily from nearby Asian countries; 75% of the total number of international tourists consist of Japan, China, Hong Kong and Taiwan.

Even with threats from North Korea, in 2012, tourism revenues hit a record $13.1 billion and more than 10 million people visited according to WTTC (World Travel Tourism Council). HSBC estimates that the tourism industry contributed about 5.4 percent to South Korea's GDP in 2012.

            While not the biggest factor in Korean economy, for every extra job created directly related to tourism, it generates 1.6 jobs indirectly; for example at restaurants or hotels. Tourism should support Korea's labor market and put a floor under domestic demand while export growth gradually recovers.

2. Major Tourist Attractions

Bulguksa: located on the slopes of mount Toham, it is a head temple of the Jogye Order of Korean Buddhism. It encompasses seven National treasures of South Korea and is classifed as number 1 historic and scenic site of Korea by its government. In addition it was added to the UNESCO World Heritage List in 1995.

Seokguram Grotto:  is a part of the Bulguksa temple complex, which lies 4km east of the temple. It is classified as National Treasure No. 24 by the South Korean government. In 1995, along with Bulguksa, it was added to the UNESCO World Heritage List. It is one of the best example of Buddhist sculptures in the world.

3. National Parks, Wildlife, or Nature Preserves

Seorak Mountain: third highest mountain in South Korea; it is located in a national park near the city of Sokcho.

Jiri Mountain: located in southern region of South Korea. It is the highest mountain in the country.

Jeju Island: one of the nine provinces of South Korea; it is situated right below Korean peninsula. It is nation's largest island.

4. Important Museum

*National Museum of Korea: is the most famous and prestigious museum in South Korea. It considered a cultural organization that best represents Korean history and art. Since its relocation, the Museum attracted an attendance of 20 million visitors.