Hotel Reservation Rates Jump over Lunar New Year Holiday | Be Korea-savvy

Hotel Reservation Rates Jump over Lunar New Year Holiday


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SEOUL, Feb. 8 (Korea Bizwire)More people spent time traveling the country or going on hotel vacations during the Lunar New Year holiday, adding to the number of guests staying at major hotels in the country.

Hotel Shilla Co. saw its average reservation rate rise by close to 30 percent during the Lunar New Year holiday, compared to last year, according to industry sources.

Hotel Lotte, too, also saw its average reservation rate jump by 10 to 15 percent during the same period.

The Grand Intercontinental Seoul Parnas and Intercontinental Seoul COEX, run by Parnas Hotel Co., both saw reservation rates rise nearly by 10 percent.

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The overall rise in hotel reservations comes after the government lifted restrictions on accommodations.

“The growing perception that a hotel is safe is another point of contribution,” am official at Hotel Shilla said.

Image Credit: Intercontinental Seoul COEX / The Shilla Seoul / photonews@koreabizwire.com

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