Busan Cracks Down on Price Gouging Ahead of BTS Concert
Creatrip Team
2 months ago
Busan City is cracking down on alleged accommodation price gouging ahead of BTS's expected concerts on June 12–13. The city launched a 'price-gouging QR report system' where domestic and international visitors can scan a QR code to report inflated rates; reports will be forwarded to local authorities via the Korea Tourism Organization. Joint inspection teams will start on-site checks next week to verify complaints and review operators' compliance. Unfair practices such as overcharging and failing to honor reservations may affect hotel rating evaluations. City officials will hold inter-agency meetings to discuss measures against excessive price hikes. Mayor Park Hyung-joon said the city will mobilize all available administrative resources to ensure the concert’s success and prevent unfair transactions. President Lee Jae-myung shared a news report noting accommodation prices rose up to tenfold and called for strict action to make penalties exceed illicit gains. (BTS: the global K-pop group; QR code: quick response code for mobile reporting)
