SEOUL, Dec. 21 (Korea Bizwire) — Most luxury restaurants and buffet restaurants at major hotels in Seoul have almost been fully booked for Christmas and year-end holidays, industry sources said Thursday. Viking’s Wharf, a lobster buffet restaurant chain, said it has completed accepting reservations for tables at its outlets in Jamsil and Yeouido for the [...]
SEJONG, April 25 (Korea Bizwire) – A large number of female workers in South Korea served at restaurant and cafeteria businesses in the second half of last year amid a protracted economic slump, a report said Tuesday. A total of 1.35 million women were hired by various eateries in the last six months of last [...]
SUWON, South Korea, April 5 (Korea Bizwire) – One of the biggest challenges for prospective restaurant and café owners is to pick the right spot. The Gyeonggi Provincial Government has decided to provide some insight for these candidates to help them make the best decisions using local big data. The data, relating to 5,517 commercial [...]
SEOUL, Feb. 23 (Korea Bizwire) – The popularity of Pokémon GO is gradually waning, but there are still millions of players flicking their fingers on their smartphone screens trying to “catch’em all.” During the second week of February (February 6 to 10), an estimated 5.63 million people played Pokémon GO, which was a drop from [...]
SEOUL, Feb. 20 (Korea Bizwire) – Some 800,000 small businesses open shop annually, but about half of them go bankrupt within two years, statistics showed Monday. A report released by Statistics Korea said that among businesses that started in 2013, 62.4 percent were still in operation a year later. The rate fell to 47.5 percent [...]
SEOUL, Feb. 7 (Korea Bizwire) – With only a week remaining until Valentine’s Day, demand is soaring for restaurants and hotels, and, of course, the traditional chocolates. According to industry watchers, hotels started promoting special overnight packages a while ago, and many have already been sold out. Among the (luxury) hotel and restaurant options is [...]
SEOUL, Dec. 14 (Korea Bizwire) – The launch of Shake Shack’s first Korean franchise on the main thoroughfare in Gangnam was met with unparalleled success, with the restaurant attracting an average of 3,000 visitors each day. The local operator of the franchise, SPC Group, is hoping to keep the momentum afloat by opening a second [...]
SEJONG, Nov. 17 (Korea Bizwire) – South Korea’s restaurant business fell into its severest slump in five years in September, state statistics showed Thursday, beaten by a protracted economic slowdown and worsened by an overcrowded market. The production index for restaurants in the month fell to 85.2, the lowest since 83.9 of September 2011, according [...]
SEOUL, Nov. 17 (Korea Bizwire) – Food and snack companies are reaching out to consumers through face-to-face encounters at cafes and restaurants, and reaping multiple benefits of upgrading their company image, testing new products and increasing sales, industry officials said Thursday. Binggrae in March gave its Banana-flavored Milk, a product that has survived for 40 [...]
SEOUL, Nov. 7 (Korea Bizwire) – Michelin Guide on Monday announced its highly regarded star selections for 24 restaurants in Seoul, giving the much-coveted three stars to two Korean restaurants with unique cuisine and quality service. In the first Michelin Red Guide for Seoul, Gaon, a fine Korean restaurant operated by ceramic maker Kwangjuyo, and [...]