The Singapore Tourism Board (STB) and the Korea Tourism Organization (KTO) have signed a two-year MoU to co-promote both destinations, develop tech solutions to benefit the two countries’ respective industries, and boost bilateral tourism.
Under the partnership, KTO and STB will jointly drive destination and product awareness through marketing and promotional activities to capture pent-up tourism demand as international travel gradually resumes.
To kick off the partnership, KTO and STB will progressively launch familiarisation trips for trade and media partners to promote safe travel between both destinations under the vaccinated travel lane (VTL) launched between Singapore and South Korea on Monday, allowing quarantine-free travel between both countries for fully vaccinated tourists.
Ahn Young Bae, president, KTO, said: “I am optimistic that this MoU will play a key role in reviving tourism between both countries, and we are excited to welcome more Singapore travellers to South Korea.”
Keith Tan, CEO, STB, added: “South Korea is a key source market for Singapore, and as international travel gradually resumes, we look forward to welcoming South Korean visitors back. We are confident that this partnership with KTO will drive awareness of Singapore’s new and reimagined offerings, expand the capabilities of our industry, and support the overall recovery of our tourism sector.”
The partnership reflects STB’s continued efforts to raise the attractiveness of Singapore to South Korean travellers. Last year, STB and Studio Dragon Corporation signed a three-year partnership to promote Singapore as a destination in South Korea through the production of Korean dramas in Singapore.
South Korea is an important visitor source market for Singapore, ranking ninth out of 15 top visitor source markets in 2019. Singapore received about 646,000 South Koreans in 2019, a three per cent increase over 2018.
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