Accommodation Archives | Be Korea-savvy
More Luxury Hotels Setting up in Seoul to Lure Guests

More Luxury Hotels Setting up in Seoul to Lure Guests

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 [...]

Budget Accommodations See Rapid Growth on Jeju Island

Budget Accommodations See Rapid Growth on Jeju Island

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 Short of Mid-Priced Accommodations

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 [...]

New Hotels Keep Popping Up in Korea’s Most Celebrated Beachfront Community

New Hotels Keep Popping Up in Korea’s Most Celebrated Beachfront Community

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 [...]