"Cracking Down on Price Gouging in Accommodation... Special Inspections Ahead of BTS Concert in Busan"

Three Joint Inspections Scheduled for May 29, June 8 and 9

With the BTS (Bangtan Sonyeondan) concert scheduled to take place in Busan on June 12 and 13, the government has begun to address the issue of excessive accommodation fees.

On May 29, the Ministry of the Interior and Safety announced that it will conduct three rounds of joint special on-site inspections with the Ministry of Culture, Sports and Tourism, the Ministry of Health and Welfare, the National Tax Service, the Fair Trade Commission, and the National Police Agency. These inspections are scheduled for May 29 as well as June 8 and 9.

The inspection team will thoroughly verify whether accommodation providers are properly implementing and complying with the price display system. In addition, a "Campaign to Eradicate Price Gouging" will be carried out jointly with private organizations, such as the Korea Hotel & Lodging Association. The plan is to encourage voluntary participation from local merchants and residents.

The inspection team will focus its efforts on areas where there are concerns about price gouging, and if any violations are found, it will quickly take action by cooperating with the relevant authorities to impose sanctions according to applicable laws and provide on-site guidance.

Kim Minjae, Vice Minister of the Ministry of the Interior and Safety, stated, "Since the BTS concert is an event that draws global attention, it is important to ensure that all visitors to Busan can stay comfortably without inconvenience," adding, "We will do our utmost through this special inspection to further enhance Korea’s international credibility."

This content was produced with the assistance of AI translation services.