SEOUL, June 13 (Korea Bizwire) — A package known as the “half-day” option is attracting individuals seeking affordable accommodations before the summer holidays. Hanwha Resort, run by Hanwha Hotels & Resorts Co., said Monday it will introduce a 12-hour “half-day, half-price” package for customers planning an early vacation. The offer is valid until June 30. [...]
SEOUL, July 13 (Korea Bizwire) — After COVID-19 social distancing rules were lifted, South Korea’s major online travel and accommodation platforms have seen payments break records month after month. Industry tracker WiseApp conducted a survey of Korean consumers over 20 years of age to check the value of payments they had made at online travel [...]
SEOUL, Feb. 24 (Korea Bizwire) – Luxury international hotel chains are scrambling to expand their establishments in key districts of Seoul, on the back of increasing demand from local residents opting for overnight relaxation as well as the steady growth of foreigners, industry sources said Friday. Lotte Hotel Co., an affiliate of retail conglomerate Lotte [...]
SEOUL, Nov. 29 (Korea Bizwire) – The latest economic report by the Bank of Korea indicated that budget accommodations have grown increasingly popular this year on Jeju Island, one of the most popular holiday destinations in South Korea. According to the report, total hotel revenue increased by only 1.8 percent to 58 billion won ($49.5 [...]
SEOUL, Oct. 25 (Korea Bizwire) – Recent study data from the Ministry of Culture, Sports and Tourism has revealed that Seoul lacks mid-priced accommodations while the city has an excess supply of high-priced and budget hotels. The study focused on lodging installations in Seoul, divided into four price categories: high-priced (over 200,000 won, $175.80), mid-to-high [...]
BUSAN, June 20 (Korea Bizwire) – Busan’s Haeundae district is best known for its beach that attracts millions of visitors each summer. But it’s also a major MICE (meetings, incentives, conferences, and exhibitions) center, with the Busan Exhibition and Convention Center (BEXCO),and hosts major annual events such as the Busan International Film Festival. Under these conditions, competition [...]