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SEOUL, Korea, Republic Of – For many South Korean business owners, President Park Geun-hye’s impeachment Friday was a moment to celebrate — with a sale.
A hotel in the harbour city of Busan put a banner outside that all of its rooms were free Friday to mark Park’s suspension as president, pending a court ruling on whether to remove her from office. Mom-and-pop restaurants, a hotel near a famous beach, a music shop and a clothing store were among businesses offering discounts.
One South Korean who runs a restaurant selling $2 rice rolls known as gimbap in western Seoul said she will sell them a quarter cheaper until Saturday to celebrate.
As the influence-peddling scandal involving Park and a longtime confidante unfolded, South Korean consumer sentiment hit its lowest level in seven years in November.
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