The Korea Herald


[팟캐스트] (394) 팬데믹 시대의 스포츠: 자전거 / 골프장, 새로 뜨는 투자처?

By Jo He-rim

Published : March 10, 2021 - 00:00

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The pandemic-fueled cycling boom appears to continue this year as sales of bikes and cycling clothes are on the rise. The pandemic-fueled cycling boom appears to continue this year as sales of bikes and cycling clothes are on the rise.

진행자: 조혜림, Brolley Genster

1. [Weekender] Cycling, a pandemic-perfect sport

[1] On the weekend, serious cyclists with racing bicycles and more casual riders on Seoul Bikes mingle on the cycling lanes alongside the Han River in Seoul which cuts through the city and stretches nearly 500 kilometers.
*mingle: 섞이다, 어우러지다
*cut through: ~사이로 길을 내다
*stretch: (잡아당기거나 하여 길이폭 등을) 늘이다

[2] The popularity of the two-wheeled vehicle remains strong nearly a year into the pandemic in South Korea, with sales of bikes and cycling clothes on online marketplace Gmarket seeing a 9 percent and 12 percent year-on-year jump, respectively, in the first two months of 2021.
*year-on-year: 전년 대비
*respectively: 각각

[3] The city’s bike rental service known as Seoul Bikes or “Ttareungyi” also saw a 24 percent year-on-year increase in usage last year as they emerged as a pandemic-safe mobility alternative to public transport, according to the Seoul Metropolitan Government. The service racked up 2.78 million users by the end of last year, which accounts for nearly 1 in 4 residents in the capital.
*rack up: (사업상의 수익, 손실을) 보다, 달성하다
*account for: (부분, 비율을) 차지하다


2. Korean golf courses pricier than ever for investors

[1] South Korea’s golf courses are becoming more attractive investment destinations than ever, and their transactions are becoming more and more active, as the coronavirus pandemic has increased interest in the sport and investors seek alternative real asset investments, data showed March 7.
*transaction: 거래, 매매
*real asset: 실물자산

[2] While golf is enjoying a new heyday, financial professionals were divided as to whether the pricing of golf courses has peaked.
“It appears that the price has recently gone up sharply, so we need to see if the demand will continue to remain as strong as it is now over the next two or three years,” Lee said.
*heyday: 전성기

[3] But from a dealmaker’s perspective, investors have yet to fully recognize the intrinsic value of the new type of alternative asset. Golf courses are increasingly regarded as assets that have greater financial stability, generate stable income streams in the wake of COVID-19 and bear low costs of maintenance, while its supply is largely stalled by government regulations.
*dealmaker: 협상가
*intrinsic: 고유한, 본질적인
*bear the cost: 비용을 안다
*stalled: 정지된

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