Foreign spending in Gyeongju triples during APEC summit week

Foreign spending in Gyeongju triples during APEC summit week

Foreign visitor spending in Gyeongju, North Gyeongsang Province, grew more than threefold during the week of the Asia-Pacific Economic Cooperation (APEC) summit, compared with the same period last year, data showed Tuesday. The increase shows the high-profile diplomatic event led to greater economic activity in the southeastern part of the country, where the culturally rich city expected a boost in tourism demand from inbound travelers. Accordin…