Government Secures Alternative Lodging to Curb Price Gouging Ahead of BTS Busan Concert
Paul Lee Reporter
hoondork1977@alphabiz.co.kr | 2026-05-28 19:03:47
Photo courtesy of Yonhap News
[Alpha Biz= Paul Lee] The South Korean government will utilize public facilities as alternative accommodations to address price gouging ahead of the upcoming BTS concert in Busan next month.
On May 28, the Ministry of Economy and Finance and the Ministry of Culture, Sports and Tourism announced the plan during a task force meeting aimed at curbing excessive pricing in the region.
Authorities will also conduct inspections of hotels and lodging businesses near the Busan Asiad Main Stadium, where the concert will take place, to prevent unfair pricing practices.
The move follows public concerns over rising accommodation costs and comments from Lee Jae-myung urging improvements to protect the city’s image.
Information on available facilities and booking procedures will be provided through official tourism platforms.
[ⓒ 메디컬투데이. 무단전재-재배포 금지]