Visa estimates impact of the Olympic Winter Games PyeongChang 2018

Bar graph showing arrivals lift from Winter Olympics from 2014 to 2018. Described in detail below.

Sources: Korea National Tourism Agency/Haver Analytics, Oxford Economics, VISIT, Visa Business and Economic Insights calculations

Foreign arrivals in South Korea in a typical February grew from nearly 834,000 in 2014 to 1.2 million in 2017, but are expected to decline to 1.08 million in February 2018, with an additional lift of nearly 63,000 foreign arrivals due to the Winter Olympics.

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