"Half of accommodation and restaurant businesses suffered direct and indirect damage due to emergency martial law"

About half of small business owners and self-employed people engaged in accommodation and restaurant businesses were affected by the emergency martial law incident.

According to an emergency survey of 505 small business owners and self-employed people in the lodging and restaurant industries for three days from the 10th, 46.9% said they suffered direct and indirect damage such as reservation cancellation.

In addition, 46.6% of the respondents said there is no damage yet, but there is a possibility of damage in the future.

83.6% of the respondents said it was difficult to compare the management situation this year compared to last year, citing a decrease in sales and an increase in raw material costs.

In fact, a lodging facility in Sokcho, Gangwon-do, said that three existing reservations were canceled and more than 60 reservations were made a month after the emergency decree was declared, but the current reservation and accommodation rate are 0%.

A restaurant in Sejong City said that if about eight people make a reservation, only two to three people will actually come, which is a very serious situation.

Choo Moon-gap, head of the economic policy division of the Korea Federation of SMEs, stressed that the National Assembly, the government, and the small and medium-sized business community should put their heads together to come up with measures to revive the domestic economy, saying that expectations of small business owners and self-employed people, who were looking forward to special year-end specials, have collapsed.