Restaurant reservation deposits may become the norm in Korea
Restaurants in South Korea may start demanding a deposit for reservations as many no shows or late cancellations have been hurting their businesses.
The Fair Trade Commission said this week that restaurants may impose a financial penalty, which would be the deposit, on customers who don’t show or cancel one hour before their reservation.
For larger reservations, including children’s birthday’s, company dinners or family gatherings, financial penalties may occur if canceled between a week to a month before the date, though would normally be the deposit.
Restaurants have long complained that no penalties to consumers who book tables and cancel are imposed, thus they have lost potential business to other diners.