MyRealTrip Flight Bookings Increase by 1100%
Quarantine Exemption Leads to 5x Growth in Tmon Overseas Travel Reservations
[Asia Economy Reporter Kim Cheol-hyun] As the mandatory self-quarantine for overseas arrivals has been lifted, the number of people preparing for overseas travel is increasing. Companies are also accelerating their efforts to capture the pent-up demand for overseas travel.
According to MyRealTrip on the 26th, airline ticket reservations have surged by 1100% compared to the same period last year since March, increasing by 170% every week. Among all airline ticket purchasers, 32% are also buying accommodations or other products together. Additionally, the number of users of MyRealTrip's 'quarantine-free overseas travel destinations' search service increased by 1200% compared to the previous week. Popular quarantine-free overseas travel destinations are Guam, Thailand, Saipan, Hawaii, Vietnam, Singapore, Spain, the United States, the Philippines, and France, in that order. Among these, Guam, Thailand, Hawaii, Vietnam, and Singapore saw search volumes increase by more than 500% immediately after the quarantine exemption announcement.
On TMON, an analysis of overseas travel product sales from the 11th to the 17th of this month, following the announcement of the quarantine exemption policy for arrivals, showed a 449% increase compared to the same period last year. This figure is ten times higher than the growth rate of Jeju travel during the same period.
On Kyowon KRT's website, overseas travel product reservations increased by 900% compared to the same period from the 11th to the 23rd of this month. Earlier, the 'Philippines Clark Golf Travel' product, introduced through a home shopping channel on the 13th, surpassed 700 million KRW in sales within one hour of broadcast, and the 'Hawaii Package Tour' product sold on the 17th recorded orders exceeding 9 billion KRW.
Accordingly, each company is preparing various special promotions for customers preparing for overseas travel. An industry insider said, "As quarantine-free overseas travel becomes possible, customer reservations and inquiries are increasing," adding, "We are preparing products mainly focused on resorts, as many customers want to enjoy honeymoons as well as vacations."
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