Busan City reveals 34 businesses with less than 20% increase in lodging rates on the day of the fireworks festival

Busan City announced on the 4th that it will reveal 34 fair price accommodations ahead of the 21st Busan Fireworks Festival to be held on the 7th.

The city compared and analyzed lodging rates for the day of the festival and the adjacent weekend at 157 lodging establishments within a 500-meter radius of the fireworks festival site.

As a result of analyzing the status of changes in accommodation rates posted on five online accommodation reservation platforms since the 26th of last month, Yeogi Eottae, Yanolja, Trip.com, Agoda, and Naver reservation, the average price increase rate was found to be 94.5%.

The city selected 34 businesses among businesses where the rate of increase in lodging rates on the day of the festival was less than 20%, and those that complied with the previously announced lodging rates and had no reports of hygiene-related inconveniences or violations of laws.

Information on the 34 selected fair price accommodations will be made public on the Busan tourism portal ‘visitbusan.net’ until the 8th.

Among the 157 lodging establishments surveyed, 85 establishments had a rate increase of less than 100%, 57 establishments had a rate increase between 100% and less than 200%, and 15 establishments had an increase rate of 200% or more.

The city plans to encourage the lodging industry to voluntarily practice fair prices by actively promoting businesses that maintain reasonable lodging rates.

Through this, we plan to ease the burden of accommodation costs on tourists and increase trust in Busan tourism.