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BTS Busan Concert: Officials Crack Down on Hotel Price Gouging

Busan is moving to rein in hotel price gouging tied to BTS's upcoming concerts in the city. The Korea Tourism Organization said on December 1 that it will run a joint public-private campaign with the Busan Metropolitan Government and the Busan Tourism Association on December 8 around the city's Seomyeon district, aimed at locking in fair pricing before fans arrive.
Campaign staff plan to visit major hotels and businesses that serve tourists, push them to follow fair-price guidelines, and brief them on how to handle visitors. Organizers said they will coordinate with law enforcement if needed.
The push comes ahead of BTS's World Tour stop in Busan on December 12 and 13. Officials say the goal is to stop hotel price gouging and last-minute booking cancellations before they spread.
The pricing problem is already documented. In a February survey of 135 Busan hotels by the Korea Consumer Agency and the Korea Fair Trade Commission, the average nightly rate for the concert weekend of December 13 and 14 was 433,999 won, or about $310. That is 2.4 times the normal weekend rate.

The issue has reached the top of the government. During a visit to Busan on November 27, President Lee Jae-myung warned that repeated price gouging would damage the city's reputation. "If hotel price gouging keeps happening, the image of Busan as a whole will take a serious hit," he said. On social media, some users have called for a boycott of spending in the city altogether.
To ease pressure on the hotel market, the government is lining up alternative places to stay. Officials have secured roughly 1,300 beds across university dorms, religious facilities, and public-sector training centers in Busan, Yangsan, and Changwon.
A Korea Tourism Organization official framed the stakes in global terms. "The BTS World Tour is a global event that turns the world's attention to Busan," the official said. "Fair pricing and good service will decide Busan's brand value and the competitiveness of Korean tourism."
The concerts mark one of the biggest international spotlights Busan has drawn in years. How the city handles the next two weeks will shape how returning fans, and a watching global audience, talk about Korea as a travel destination long after BTS leaves the stage.
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