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IMM plans to sell up to W300b Hanatour shares - Vimarsana News

IMM plans to sell up to W300b Hanatour shares

Korea's leading travel agency Hanatour has been listed in the merger market with its ownership stake up for sale. Reports from the industry on Tuesday indicate that IMM Private Equity, Hanatour's largest shareholder, has recently commenced the selection process for a new stakeholder, which is anticipated to amount to up to 27.78 percent of the shares. Market sources predict that the sale price may reach aro...

As Christmas nears, people feel disparity in consumption - Vimarsana News

As Christmas nears, people feel disparity in consumption

A 33-year-old man, who asked to be identified only by his surname Choi, recently experienced a rude shock while trying to make a reservation for Christmas at a restaurant in Seoul. In his view, the price and conditions for booking were ridiculous. He found the situation to be similar at other restaurants he checked too.

Yanolja's aggressive expansion results in voluntary redundancy program - Vimarsana News

Yanolja's aggressive expansion results in voluntary redundancy program

Yanolja, a hotel booking app operator, told its employees earlier this week that it will carry out a voluntary redundancy program by Oct. 6. Those who wish to leave the company can receive cash payments equivalent to four months of their salary or three months of their paid leave.

7 out of 10 Koreans to travel during Chuseok holidays: Survey - Vimarsana News

7 out of 10 Koreans to travel during Chuseok holidays: Survey

Over 70 percent of Koreans are planning to go on a trip during the Chuseok holiday as they will have a six-day extended break, according to a survey, Friday, This year's Chuseok holiday will run from Sept. 28 to Oct. 1, but the government decided to designate Oct. 2 as a temporary holiday, which effectively makes it a bridge to Oct. 3, which is National Foundation Day.

[INTERVIEW] Korea's rising travel startup eyes accelerated global expansion after pandemic - Vimarsana News

[INTERVIEW] Korea's rising travel startup eyes accelerated global expansion after pandemic

For Chung Myung-hoon, chief executive of the Good Choice Company, the secret to the success of one of Korea's top accommodation booking platforms is not the latest technology or savvy marketing campaign. The secret to the company's success, he says, is making sure employees have a concrete understanding of their common goals and are compelled to achieve them.