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No Rooms Available During May Holiday... Only 700,000-Won Rooms Left

Golden holiday brings hotel occupancy rates above 90% at major tourist destinations... Full bookings imminent
With the upcoming 'golden holiday' at the beginning of next month, which will last up to six days, finding a vacant room at major hotels and resorts in Korea has become nearly impossible. This is because not only Korea but also neighboring countries such as Japan and China will have extended holidays at the same time, leading to an expected influx of foreign tourists visiting Korea. Hotels and resorts in major tourist destinations such as Seoul, Incheon, and Jeju are already seeing near-full booking rates as demand from both domestic and international guests surges. In some cases, only premium rooms priced over 700,000 won are still available.


According to the hotel industry on April 25, the Shilla Seoul Hotel, operated by Hotel Shilla, has already booked over 90% of its rooms for the beginning of next month, when Labor Day, Children's Day, and the substitute holiday for Buddha's Birthday overlap. The Shilla Jeju Hotel, which is typically booked in advance due to the nature of Jeju as a travel destination, has also seen a significant increase in reservations since the beginning of this month, currently reaching a 90% booking rate.


Golden holidays coinciding in Korea, China, and JapanForeign tourists flock to KoreaMajor tourist spots like Seoul and Jeju fully bookedOnly premium rooms over 700,000 won remain
Golden holidays coinciding in Korea, China, and Japan
Foreign tourists flock to Korea
Major tourist spots like Seoul and Jeju fully booked
Only premium rooms over 700,000 won remain


During Korea's golden holiday period, Japan's "Golden Week" (a holiday season stretching from late April to early May) and China's "Labor Day" holiday (May 1-5) also take place, pushing booking rates at other popular hotels to around 90%. Industry sources note that when more than 90% of total rooms are filled?taking into account maintenance, repairs, and contingencies?this is considered a special peak period.


In Seoul, city hotels such as The Westin Josun Seoul and Four Points by Sheraton Josun Seoul Station and Myeongdong, operated by Josun Hotels & Resorts, have also reached a 90% occupancy rate for the holiday. In Busan, The Westin Josun Busan and Grand Josun Busan, as well as Grand Josun Jeju, have reached booking rates of 90% and 80%, respectively.


Jeju Dream Tower Complex Resort Grand Hyatt Jeju Room. Provided by Lotte Tour Development

Jeju Dream Tower Complex Resort Grand Hyatt Jeju Room. Provided by Lotte Tour Development

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At the Grand Hyatt Jeju within the Jeju Dream Tower Complex Resort, operated by Lotte Tour Development, the maximum number of room reservations per day during the holiday reaches 1,454 out of a total of 1,600 rooms?about 91% occupancy. A representative from Lotte Tour Development stated, "Even under normal circumstances, the proportion of foreign guests is relatively high, but with the concurrent holidays, we have seen a significant increase in bookings from Japan and Greater China." The representative added, "Currently, the lowest available room rate during the holiday period starts in the 700,000 won range."


Lotte Hotel Jeju is also seeing an average daily booking rate of 88% to a maximum of 95% from May 1 to May 5. City hotels in Seoul operated by Lotte Hotels & Resorts, such as Seoul City Hotel and L7, are also fully booked during the holiday. In addition, Kensington Hotel Yeouido, operated by E-Land Park, is expected to have all 228 rooms fully booked during the holiday. Resorts in Gangwon and Jeju?such as Kensington Hotel Pyeongchang and Seorak, Kensington Resort Seorak Valley and Seorak Beach, and Kensington Resort Jeju Jungmun and Seogwipo?are also reporting an average reservation rate of 95%. An E-Land Park representative commented, "The proportion of foreign guests at Seorak accommodations has increased by 30% compared to last year."

No Rooms Available During May Holiday... Only 700,000-Won Rooms Left 원본보기 아이콘


Large hotels near Incheon International Airport, the main gateway for foreign visitors entering Korea, are also expected to benefit from the holiday boom. Paradise City in Yeongjongdo, Incheon, has filled over 90% of all rooms, including 711 hotel rooms and 58 luxury boutique hotel 'Art Paradiso' rooms. A Paradise representative said, "Traditionally, the proportion of Japanese guests has been high, and we expect many Japanese tourists, especially those visiting the casino, during this holiday period as well." Inspire Entertainment Resort, also located in Yeongjongdo, has reached a 95% booking rate for the holiday period.


An industry official stated, "In May, which is considered Family Month in Korea, domestic demand is usually much higher, but the proportion of foreign visitors continues to rise." The official added, "We also expect an increase in visitors to duty-free shops operated by some hotels, in addition to room bookings."


No Rooms Available During May Holiday... Only 700,000-Won Rooms Left 원본보기 아이콘
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