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Busan sees money in Legend of the Seas cruise stops

In:
14 Aug 2011

Royal Caribbean's Legend of the Seas makes stops in Busan, South Korea and that has meant a lot of money for the city. How much money?  Well, of the 1,800 passengers onboard the ship, all but 250 were foreign tourists and each foreign tourist represents on average $140 to $180.  That comes out to an economic impact for each ship stop of about $267,000.

Lee Gap-jun, head of Busan’s culture and tourism department talks about the value of cruise passengers, "According to research from the Korea Maritime Institute, the added value of one cruise ship passenger is equivalent to that of exporting one container box.  If there’s a constant increase in cruise ships entering the port of Busan, it will translate into economic growth for the city of Busan.”

Thanks to Busan's success, other South Korean cities are competing now to attract ships like Legend of the Seas, including Incheon, Jeju and Yeosu.

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