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Marina Bay Sands-like resort near Incheon airport
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Yaya

Joined: 25 Feb 2003
Location: Seoul

Posted: Tue Jan 10, 2012 10:12 pm Post subject: Marina Bay Sands-like resort near Incheon airport

Incheon International Airport Corp., operator of South Korea�s busiest gateway, is close to approving plans for a $3 billion resort to help lure more Chinese tourists. �We want to build a landmark near the airport that will resemble Singapore�s Marina Bay Sands,� Lee said. �The investment will help attract more visitors from China and create more jobs.� http://www.bloomberg.com/news/2012-01-10/korea-s-incheon-airport-considers-3-billion-resort-to-lure-china-tourists.html

definitely maybe

Joined: 16 Feb 2008

Posted: Wed Jan 11, 2012 12:35 am Post subject:

Inconsistent weather and mud flats. I can see it now!

cdninkorea

Joined: 27 Jan 2006
Location: Seoul

Posted: Wed Jan 11, 2012 5:31 am Post subject:

Quote:

That demand and the opening of LVMH Moet Hennessy Louis Vuitton SA (MC)�s first airport outlet worldwide allowed Incheon to surpass Dubai and London Heathrow to become the world�s biggest airport in terms of duty-free sales last year, Lee said. The company generates about 65 percent of sales from shops, hotels and other businesses not directly related to flying, he said.

I guess I shouldn't be surprised. Korea is the only place where I've seen duty free shopping far away from the airport or border (e.g. Lotte Dept. Store in Myeongdong), and there is so much passion around Duty Free shopping: frequent lineups outside the Prada store, crowds of shoppers in the cosmetics, sunglasses, and liquor areas practically all the time, and so on.

I almost think a lot of Korean, Japanese, and Chinese vacationers like the Duty Free shopping more than the actual vacation. Laughing

CrikeyKorea

Joined: 01 Jun 2007
Location: Heogi, Seoul

Posted: Wed Jan 11, 2012 5:38 am Post subject:

Quote:

I guess I shouldn't be surprised. Korea is the only place where I've seen duty free shopping far away from the airport or border

Sydney at least used to have a lot of duty free stores, a chain store in fact, even in local shopping centres...

northway

Joined: 05 Jul 2010

Posted: Wed Jan 11, 2012 6:19 am Post subject:

cdninkorea wrote:

I almost think a lot of Korean, Japanese, and Chinese vacationers like the Duty Free shopping more than the actual vacation. Laughing

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

detonate

Joined: 16 Dec 2011

Posted: Wed Jan 11, 2012 7:12 am Post subject:

That article says Incheon might buy the Edinburgh Airport. Cheaper flights home for the Scottish people here?

Kimchifart

Joined: 15 Sep 2010

Posted: Wed Jan 11, 2012 8:43 am Post subject:

definitely maybe wrote:

Inconsistent weather and mud flats. I can see it now!

There're a ton of wealthy mainland Chinese shopping in HK these days. I don't see why Incheon shouldn't try and get a slice of the pie. It's a good money generating idea IMO.

definitely maybe

Joined: 16 Feb 2008

Posted: Wed Jan 11, 2012 3:47 pm Post subject:

Kimchifart wrote:

definitely maybe wrote:

Inconsistent weather and mud flats. I can see it now!

There're a ton of wealthy mainland Chinese shopping in HK these days. I don't see why Incheon shouldn't try and get a slice of the pie. It's a good money generating idea IMO.

I have no problem with the economics behind it. I find comparing the plan to a resort in SE Asia humorous. Tell me, have you been to Singapore or Marina Bay Sands? If you have, think about how the overall appeal of Marina Bay stacks up with Eulwangri or someplace similar in Incheon.

pkang0202

Joined: 09 Mar 2007

Posted: Wed Jan 11, 2012 6:53 pm Post subject:

Kimchifart wrote:

definitely maybe wrote:

Inconsistent weather and mud flats. I can see it now!

There're a ton of wealthy mainland Chinese shopping in HK these days. I don't see why Incheon shouldn't try and get a slice of the pie. It's a good money generating idea IMO.

Korean duty free prices are cheaper than HK.

Go to the department store and look at the price of something, then go up to where the duty free shop is and look at the price for the same item.

You will be shocked.

radcon

Joined: 23 May 2011

Posted: Wed Jan 11, 2012 9:00 pm Post subject:

pkang0202 wrote:

Kimchifart wrote:

definitely maybe wrote:

Inconsistent weather and mud flats. I can see it now!

There're a ton of wealthy mainland Chinese shopping in HK these days. I don't see why Incheon shouldn't try and get a slice of the pie. It's a good money generating idea IMO.

And then go to the US and see how low the price should be.

cdninkorea

Joined: 27 Jan 2006
Location: Seoul

Posted: Thu Jan 12, 2012 6:06 am Post subject:

northway wrote:

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

Do they really buy enough that the savings (compared to Japanese retail prices) are greater than the cost of the flight to Korea? Or are they coming to Korea on a cheap boat or something?

Yaya

Joined: 25 Feb 2003
Location: Seoul

Posted: Thu Jan 12, 2012 8:33 pm Post subject:

cdninkorea wrote:

northway wrote:

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

Do they really buy enough that the savings (compared to Japanese retail prices) are greater than the cost of the flight to Korea? Or are they coming to Korea on a cheap boat or something?

Oh, so the "boat people" racist remark is still alive, eh? Evil or Very Mad

northway

Joined: 05 Jul 2010

Posted: Thu Jan 12, 2012 9:11 pm Post subject:

cdninkorea wrote:

northway wrote:

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

Do they really buy enough that the savings (compared to Japanese retail prices) are greater than the cost of the flight to Korea? Or are they coming to Korea on a cheap boat or something?

I have no idea. They also go clubbing quite a bit, which is infinitely cheaper here than in Japan.

cdninkorea

Joined: 27 Jan 2006
Location: Seoul

Posted: Fri Jan 13, 2012 2:57 am Post subject:

Yaya wrote:

cdninkorea wrote:

northway wrote:

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

Do they really buy enough that the savings (compared to Japanese retail prices) are greater than the cost of the flight to Korea? Or are they coming to Korea on a cheap boat or something?

Oh, so the "boat people" racist remark is still alive, eh? Evil or Very Mad

I honestly don't know what you're talking about, but it seems like you think I made a derogatory joke. Let me clarify what I mean: Flights from Japan cost, what? 300,000 won? You'd have to do quite a bit of duty free shopping to save enough such that the flight would be worth the trip. Of course, if you take a boat, and the fare is cheap, that threshold would be much lower. I swear that's all I meant. What did you think I meant? I honestly don't know anything about a "boat people" joke.

Yaya

Joined: 25 Feb 2003
Location: Seoul

Posted: Fri Jan 13, 2012 3:30 am Post subject:

cdninkorea wrote:

Yaya wrote:

cdninkorea wrote:

northway wrote:

I know a couple Japanese girls who come here three or four times a year specifically for the shopping, and it's not like they're loaded or anything.

Do they really buy enough that the savings (compared to Japanese retail prices) are greater than the cost of the flight to Korea? Or are they coming to Korea on a cheap boat or something?

Oh, so the "boat people" racist remark is still alive, eh? Evil or Very Mad

Yeah, I'm sure you don't.

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