Menu

Search

  |   Economy

Menu

  |   Economy

Search

Shinhan Card reports increasing popularity of golf among women in 30s and 60s

South Koreans spent 31 percent more on golf-related activities this year than before the onset of the pandemic in 2019.

Shinhan Card Co. reported that South Korean customers spent 31 percent more on golf-related activities this year than before the onset of the pandemic in 2019.

The number of female players in their 30s and 60s that flocked outdoor golf courses jumped by 40 and 58 percent, since 2019.

According to Shinhan Card, a major credit card company in South Korea, there are more golfers in their 60s as many of them began to retire, thereby trooping to outdoor golf clubs,

Meanwhile, there is increasing popularity of golf among those in their 30 that triggered the rise in the number of golfers in the age group.

A virtual reality game dubbed “screen golf” also enjoyed a 54 jump in customers among men in their 20s and women in their 60s since 2019.

But unlike golf businesses that are thriving, restaurants and lodging facilities across the country struggle to remain afloat.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.