[Economy 365]
Starting this November, online platforms that facilitate bookings for unregistered accommodation businesses will face a fine of 5 million won.
The government has pre-announced an amendment to the enforcement decree of the Public Health Control Act, establishing a standard that imposes a 5 million won fine on platform operators that broker services for unregistered lodging providers.
A previous legal amendment already prohibited the brokering of unregistered accommodations, and this enforcement decree specifies the fine amount at 5 million won as stipulated by the law.
The government explained that as illegal lodging businesses operating through online booking platforms have increased, the measure aims to impose a minimum duty of verification and management on platform operators, ensuring that consumers can use accommodation services in a safer environment.
The amended enforcement decree will take effect on November 12.
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