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Busan moves to protect fans from price gouging ahead of BTS concerts

Korea Times Southkorea South Korea
Busan moves to protect fans from price gouging ahead of BTS concerts
Whenever global K-pop phenomenon BTS announces a performance, a familiar gold-rush mentality tends to seize the host city. But as the group prepares to descend on Korea's second-biggest city for its "ARIRANG" world tour concerts in June, local authorities are moving to ensure that fans aren't fleeced by the local hospitality industry. The Busan Metropolitan Government announced Wednesday a sweeping crackdown on price gouging, mobilizing an interagency task force to inspect hotels and guesthouses across the southern port city. The initiative, which includes the city’s Special Judicial Police and the Korea Fair Trade Commission, is a preemptive strike against the predatory pricing and unilateral reservation cancellations that have historically marred major cultural events in the region. The inspections will target establishments flagged by the city’s "tourism inconvenience" reporting system. Under the Public Health Control Act, inspectors will be looking for a range of infractions, from the failure to display mandated rate schedules to the operation of entirely unregistered lodgings.
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