SEOUL, Oct. 24 (Korea Bizwire) – Seoul’s historic Myeongdong shopping district is set to undergo an ambitious transformation into “Myeongdong Square,” a digital entertainment hub that officials hope will rival New York’s Times Square. “Myeongdong Square will provide an immersive experience that surpasses Times Square’s grandeur and will emerge as a new global tourist destination,” Kim [...]
SEOUL, Aug. 30 (Korea Bizwire) — Myeongdong, renowned for its shopping scene and bustling with international tourists, is taking proactive steps to reshape its reputation from a “price-gouging haven.” Jung Ward office in Seoul revealed plans on Tuesday to designate Myeongdong as a mandatory price-marking zone, effective from October, aimed at eliminating deceptive pricing practices. [...]
SEOUL, May 22 (Korea Bizwire) — Hotels in Seoul’s downtown shopping mecca of Myeongdong are experiencing a surge in occupancy rates as tourists from Southeast Asia, Japan, Europe and other regions flock to this famous tourist destination. In April, Nine Tree Hotel Myeongdong and Nine Tree Premier Hotel Myeongdong II, both managed by Parnas Hotel, [...]
SEOUL, Dec. 21 (Korea Bizwire) — Street vendors in Myeongdong, a major shopping district in downtown Seoul, will be closed on Christmas Eve as part of crowd management measures, officials said Wednesday. A total of 362 vendors have agreed with the office of Junggu Ward covering the district to keep their businesses closed on the [...]
SEOUL, Nov. 17 (Korea Bizwire) — Myeongdong, a popular tourist and shopping district in Seoul, is showing signs of revival after a long slump due to the COVID-19 pandemic. The vacancy rate of small commercial buildings within the district stood at 36.9 percent in the third quarter of this year, down 6.4 percentage points from [...]
SEOUL, July 21 (Korea Bizwire) — It’s time to get ready for the summer holiday season, but shops in Myeongdong, a major shopping district in downtown Seoul, remain eerily quiet with “For Lease” signs attached to many storefronts along the main road. Long gone are the days when clerks at cosmetic shops promoted new products [...]
SEOUL, Jan. 31 (Korea Bizwire) — While most people were wearing facial masks in Myeongdong — one of Seoul’s most popular shopping districts — streets were far from deserted. The one-square-kilometer area was still vibrant, with shops ranging from K-beauty brands to duty-free shops that were crowded with foreign tourists and locals. So far, South [...]
SEOUL, Nov. 19 (Korea Bizwire) — Jungle gym-shaped ‘Media Art Trees’ will be installed at different locations in Seoul’s popular Myeongdong shopping neighborhood, according to local authorities. The ‘Media Art Trees’, which will also serve as Christmas trees, will be displayed in three locations — in front of Myeongdong Cathedral, in front of Myeongdong Arts [...]
SEOUL, Jan. 25 (Korea Bizwire) — Foreign tourists have varying tastes when it comes to sightseeing spots in Seoul, depending on their nationality, a research paper showed Friday. Visitors from Asia prefer Myeongdong, one of the capital’s main shopping districts, while European and American tourists are most impressed by royal palaces, according to the paper [...]
SEOUL, May 31 (Korea Bizwire) — Cosmetic chain Nature Republic’s flagship store in Myeongdong has been named the most expensive commercial property in South Korea for the 15th consecutive year. According to data released by the Ministry of Land, Infrastructure and Transport (MOLIT), the official government appraisal of the land currently housing the Nature Republic [...]