'Revenge spending' gains momentum in Korea
Terminal 1 at Incheon International Airport is crowded with passengers, June 3. YonhapPeople flock to airports, shopping malls, theatersBy Lee Hyo-jin Lee Ha-kyung, a 29-year-old office worker in Seoul, recently booked a flight ticket to Spain scheduled for early July. Due to a recent hike in ticket prices, she had to pay about 2 million won for a round-trip flight, nearly double the price compared to that of pre-COVID-19 levels.But she said she doesn't regret it.“Considering that this is my first trip abroad in over two years and I haven't spent much money staying at home during the pandemic, it seems reasonable,” she said. “Also, I read in the news that we may see a resurgence of infections this fall, which would bring back the tough distancing measures, so I thought this summer might be the perfect chance to travel across borders.”Lee is one of many Koreans enjoying what's called “revenge spending,” which means making up for missed travel and shopping during the pandemic. Now that almost all social distancing restrictions are lifted, people are
