Share This Post

Sport

Korea Banks Federation set to boost 2018 Olympics ticket sales

Korea Banks Federation set to boost 2018 Olympics ticket sales
Want create site? Find Free WordPress Themes and plugins.

The Korea Federation of Banks said on Tuesday, it will buy one billion won (US$879,000) worth of briefs as part of its “social responsibility” efforts for the 2018 Pyeongchang Winter Olympics.

As of Thursday, 315,000 tickets for the February Winter Games had been sold, just under 30 per cent of the 1.07 million total target, with some 60 per cent of those sales taking place abroad.

While organisers have earmarked 750,000 tickets for domestic sale, only 124,000 has been sold so far, though the launch of online ticketing is expected to give sales a shot in the arm.

The banking federation said on Tuesday it had decided to step in to help boost sales with less than five months to go before the opening ceremony.

“Buying tickets was considered one of the ways to support the Olympic Games considering the recent slow ticket sales,” federation official Shon Kyung-ae told reporters.

“We have decided to buy one billion won worth of tickets.”

Organisers aim to raise 174.6 billion won from ticket sales.

The federation also announced it would donate 20 billion won to Pyeongchang organisers to help the Games run smoothly.

“As part of our social responsibility efforts, the federation has decided to support the 2018 Pyeongchang Olympic Games, which will be an opportunity to improve the country’s global image,” the federation said in a news release.

Attracting tourists to Pyeongchang, some 180 kilometres east of the capital Seoul, has long been a concern not just for organisers but also the International Olympic Committee.

As well encountering difficulties in boosting awareness of Pyeongchang in the global community, organisers have also had to contend with diplomatic, security and political setbacks at home and abroad.

With Pyeongchang perched just 80km south of the heavily fortified border with North Korea, rising tensions over the North’s nuclear programme and the increasingly inflammatory rhetoric being exchanged by the United States and Pyongyang has painted a picture of a Korean peninsula on the brink of war.

In addition, the South Korean tourism industry remains in the doldrums without the usual influx of Chinese visitors following Beijing’s ban on group tours to the South over the deployment of a US anti-missile system.

A domestic political scandal that brought down former president Park Geun-hye earlier this year has also diverted Koreans’ attention from the Games.

“The political issues are having an impact on ticket sales,” Eom Chan-wang, director general of marketing bureau at POCOG, told Reuters in a recent interview.

“South Koreans don’t take the North Korean matter seriously, unlike those who live overseas. Foreigners are concerned South Korea is a dangerous place, but it is very peaceful here.”

Did you find apk for android? You can find new Free Android Games and apps.

Share This Post

1 Comment

Leave a Reply

Lost Password

Register