Foreign tourists move along Myeongdong Street in Jung District, Seoul, on the 26th. /Courtesy of News1

If foreigner city guesthouses and hanok experience lodging businesses do not post room rate charts or charge more than the posted rates, they will face a five-day business suspension even on the first violation.

The Ministry of Strategy and Finance said on the 28th that a partial amendment to the Enforcement Decree of the Tourism Promotion Act containing these measures was reviewed and approved at a Cabinet meeting.

Until now, for hanok experience businesses, failing to post a room rate chart or charging more than the posted rate resulted only in a corrective order for a first violation. In addition, foreigner tourism city guesthouses had no rules requiring rate posting and compliance, leaving a blind spot in price display.

Accordingly, through the amendment to the Enforcement Decree of the Tourism Promotion Act, the government established rules requiring the posting and compliance of rate charts and strengthened legal sanctions so that if room rates are not posted or if more than the posted rate is charged, a business suspension (five days) is imposed immediately upon the first violation.

The Ministry of Strategy and Finance said the policy will be expanded to the taxi industry and food service businesses through revisions to the Enforcement Rules of the Taxi Development Act and the Enforcement Rules of the Food Sanitation Act.

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