Minimum 5-Day Business Suspension for Rip-Offs... Crackdown on Overcharging

Here is the first piece of useful news.

Rip-offs in hanok accommodations are out.

We previously reported on measures to penalize overcharging at lodging businesses.

Now, that scope has expanded to include traditional hanok stays and Airbnb rentals.

Starting on the 4th of next month, the government has decided to impose a minimum 5-day business suspension on hanok experience businesses and foreign tourist city homestay businesses that fail to post rate tables or charge more than their standard prices.

That is a minimum, a strict minimum.

Previously, hanok experience businesses only faced corrective orders for a first-time violation, but moving forward, they will immediately receive a 5-day business suspension even for a first offense.

In addition, foreign tourist city homestay businesses, such as Airbnb, previously had no relevant regulations in place at all.

However, new standards have now been established.

A first violation results in a 5-day business suspension, a second violation leads to 15 days, and a third violation results in one month.

If a business is caught a fourth time, its business registration for foreign tourist lodging will be revoked.

This amendment demonstrates a clear commitment to eradicating overcharging aimed at tourists.
※ Please note: This article was translated by AI and may contain errors.