(MENAFN) The number of annual foreign visitors to South Korea is expected to grow 64 percent, surpassing 20 million, in about five years, a private think tank report said, QNA reported.
In a report by the Hyundai Economic Research Institute, predicted that the number of foreign visitors to the country would reach 23 million in 2020, compared with an estimated 14 million in 2014.
The 2014 figure marked an all-time high in the number of inbound travelers, breaking record of 12.17 million in 2013.
The report expected that the number would continuously increase over the next several years.
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