Home Business A quarter of South Korean hotel industry practitioners lost their jobs due to the epidemic.
A quarter of South Korean hotel industry practitioners lost their jobs due to the epidemic.

A quarter of South Korean hotel industry practitioners lost their jobs due to the epidemic.

by YCPress

South Korea’s Central Daily reported on December 31 that according to the investigation, one quarter of South Korea’s employees in the hotel industry have lost their jobs due to the impact of the coronavirus epidemic. Sales involving hotels also decreased by more than half.

On December 30, according to the fact-life survey of “Coronavirus and Hotel Employment Trends” released by the Tourism Industry Committee of the Economic, Social and Labor Committee of South Korea, the average number of employees per hotel was 52 at the end of September this year, a decrease of 24.6% compared with the same period last year.

According to the report, the number of formal workers decreased by 11.1%, while that of informal workers decreased by 35.4%. Short-term workers even decreased by 65.3%, and 6-7 out of 10 people lost their jobs. In particular, the employment of three-star hotels, which are mainly foreign tourists, has plummeted.

During the same period, the increase or decrease in three-star hotel employment was -26.7%, which was lower than that of 5-star (-24.1%) and 4-star (-26.1%) hotels.