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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 [...]

Boutique Hotels Popular Staycation Choice for Young Koreans

Boutique Hotels Popular Staycation Choice for Young Koreans

SEOUL, Aug. 1 (Korea Bizwire) – The summer holiday season is at its peak, but not everyone has the time or money to jet off to overseas holiday destinations, let alone domestic beaches or tourist attractions. The young are feeling the pinch the most. High unemployment and stiff competition for jobs leaves little leeway for [...]