People enjoy the Seoul International Fireworks Festival at a park in Yeouido, Oct. 7, 2023. Korea Times photo by Park Simon Fireworks send accommodation, meal prices soaring as high as tenfold By KTimes As the Seoul International Fireworks Festival on Oct.
5 nears, hotels and restaurants around Yeouido have raised their prices dramatically, with accommodation and meals offering fireworks views surging to as much as 10 times the usual rates. Most high-floor rooms in hotels around Yeouido, known as prime viewing spots for the fireworks, are fully booked, according to officials from the hospitality industry, Friday. At one hotel in Yeouido, a suite with a Han River view is priced at 3 million won ($2,200) per night.
A standard deluxe room, which typically costs around 600,000 won on a weekend, has doubled to 1.2 million won for the night of the festival. A hotel in Yongsan is offering a package that includes a room with a fireworks view and a dinner buffet for two, priced at 760,000 won.
On a regular weekend, the same room, without dinner, can be booked for around 300,000 won. The price increases are even more pronounced in restaurants. A buffet restaurant along the Han River, considered a prime spot for viewing the fireworks, has opted to accept only guests who purchase a festival package.
A VIP table for two by the window costs 599,000 won, while a table further from the window is priced at 499,000 won for two. For comparison, the restaurant’s regular weekend and holiday lun.