Busan Reveals 34 Accommodations with Under 20% Price Hike for Fireworks Festival

Ahead of the 21st Busan Fireworks Festival scheduled for the 7th, the Busan Metropolitan Government has released a list of 34 fair-price accommodation providers.

The city compared and analyzed room rates for the day of the festival and the adjacent weekend at 157 lodging facilities located within a 500-meter radius of the festival venue.

Analyzing room rate fluctuations posted across five online reservation platforms—Goodchoice, Yanolja, Trip.com, Agoda, and Naver Reservation—since the 26th of last month, the average price hike rate stood at 94.5%.


The city selected 34 businesses whose accommodation rate increases on the day of the festival were 20% or lower, while also complying with previously announced room rates and having no hygiene-related complaints or legal violations.

Information on the 34 selected fair-price accommodations will be available on the Busan tourism portal Visit Busan (visitbusan.net) until the 8th.

Among the 157 surveyed accommodations, 85 showed a price increase rate of less than 100%, 57 had an increase of 100% or more and less than 200%, and 15 had an increase of 200% or more.

The Busan Metropolitan Government plans to actively promote businesses that maintain reasonable room rates to encourage the lodging industry's voluntary practice of fair pricing.

Through this initiative, the city aims to ease the lodging cost burden on tourists and enhance the credibility of Busan tourism.

(Photo courtesy of Busan Metropolitan Government, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.