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I heard that even the traditional market was bustling thanks to the performance in Busan.
News has emerged that the BTS concert in Busan seems to have had a significant impact on the local economy.
According to an analysis by BC Card, spending by foreign tourists visiting Busan increased significantly during the week the performance was held.
In particular, the fact that consumption at traditional markets increased by nearly twofold caught my eye.
It appears that the fans who came to watch the performance didn't just visit the venue, but also explored various parts of Busan and enjoyed diverse experiences.
It is reported that the total payment amount by foreign tourists in Busan has increased by more than 70% compared to the same period last year, and the number of transactions has also risen significantly.
It seems that a single performance drove both tourism and consumption.
Personally, when I see news like this, I think K-pop performances are going beyond simple concerts and are also serving as a form of tourism content.
It seems that fans naturally help local businesses as they seek out local restaurants, visit traditional markets, and buy souvenirs.
Of course, while there were some regrettable aspects, such as the controversy over excessive price hikes by some accommodations, overall, it appears to have had a positive effect on the Busan economy.
I hope that in the future, when large-scale performances are held, an environment will be better created to satisfy both local merchants and tourists.