South Korea Relaxation of travel measures, health protocols in place

South Korea is moving forward with the suspension of the majority of COVID-19 travel restrictions, but with some caveats. The country is preparing to welcome tourists again from March 21, but that will come with its own requirements, including that any incoming traveler must be fully vaccinated against COVID-19.

The new travel requirements were revealed last week and they would require anyone wishing to visit the country to have had at least three COVID-19 injections. South Korea will then lift its travel restrictions for those who have received only two injections of the COVID-19 vaccine from April 1.

International tourists in troubled casinos

International tourism should allow the 17 South Korean casinos to see some restart of operations. Casinos have been dragged through the mud, unable to operate or maintain only skeletal services, subject to sudden and strict closures. An immediate rebound is not very likely, however, as the number of foreigners will not be very high at first.

Chinese tourists will most likely be absent due to stricter travel rules from the mainland. Meanwhile, the country’s casinos are mostly travel-oriented, with 16 of the 17 establishments only accessible to tourists and foreigners. South Korea will not let all visitors in, and mandatory quarantine – regardless of vaccination status – will be required for visitors from Myanmar, Pakistan, Uzbekistan and, surprisingly, Ukraine.

Anyone entering will need to register with Q-CODE, South Korea’s digital quarantine and inbound traveler management platform. Whether there is enough momentum from foreign travelers to revive the economy is another matter altogether.

Casinos also show slightly better results

All the properties have been able to resist although their income has been completely wiped out by the pandemic. Recovery could, however, be on the way in 2022. Grand Korea Leisure, which owns three casino properties in the country, all of which focus exclusively on foreigners, claimed it recorded revenues of $5.6 million in February, a drop of 29.6% compared to January, but still much better than in February 2020 when revenues plunged. of 1250%.

Other casinos are facing similar situations and the recovery will be slow. However, a return of international travelers could indeed provide some respite for cash-strapped casino properties in South Korea and Asia as a whole.

Comments are closed.