
Airbnb CEO seeks closer ties with K-pop group Seventeen
At a press conference in Seoul on Wednesday, the vacation rental website CEO recalled working with K-pop group Seventeen last year, a project Chesky said had proved to be hugely popular with not only Seventeen fans, but Airbnb travelers as a whole, because of the unique experience it offered.
The collaboration involved locations that had appeared in Seventeen music videos.
"We plan to roll out Seventeen-themed Airbnb programs at major cities," Chesky said at the conference, which followed a meet-and-greet event for 60 preselected Seventeen fans where the K-pop act were one-day-only special Airbnb hosts, celebrating the group's 10th anniversary together with fans.
"Seventeen Airbnb Experience," as the fan gathering was called, was a demonstration of "Airbnb Originals," a celebrity-hosted exclusive experience that is part of "Airbnb Experiences," an ambitious program Airbnb launched in May to focus on unique activities run by local hosts.
The program is to help travelers truly experience their local surroundings with local hosts who know just how to do so, according to Chesky.
"The biggest asset in people's lives is really not their home — it's their time. What if people could share not only their space, but their time with someone else?" Chesky asked.
The latest trip to Seoul by the Airbnb CEO is part of his global tour to promote Airbnb Experiences. Chesky has made stops at Paris, Berlin, Milan and Tokyo. The CEO emphasized that Seoul is a strategic market he personally finds deeply inspirational.
According to Airbnb Korea, bookings on the platform in the country last year soared 20 percent from the previous year. The makeup of international visitors to South Korea is increasingly becoming diverse, the company added without elaboration.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Korea Herald
an hour ago
- Korea Herald
BTS' new labelmate Cortis likens itself to bibimbap
Big Hit Music's first boy band in six years stresses 'co-creation' identity and genre-bending sound Big Hit Music's new boy group Cortis described itself as 'bibimbap' during its debut showcase in Seoul on Monday, highlighting the group's aim to create harmony from diverse elements. 'Like bibimbap, we bring together different ingredients and colors into one cohesive result when working on songs or music videos,' member Keonho said. Cortis is the first boy group to debut under Big Hit Music — the K-pop agency home to BTS and Tomorrow X Together — in more than six years. The quintet opened its official TikTok account on Aug. 7 and surpassed 1 million views within 24 hours with its first short-form video, underscoring early global interest. The group's name, an irregular arrangement of six letters from the phrase 'Color Outside the Lines,' reflects its identity of breaking rules and thinking freely. Cortis defines itself as a 'young creator crew,' with members participating in songwriting, choreography and video production. Members Martin and James previously contributed to projects for Hybe-affiliated groups like Tomorrow X Together, Le Sserafim and Illit. 'Our strength lies in co-creation,' member Seonghyeon said. 'From lyrics to performance, we work on everything together rather than individually, which gives us confidence in our creative process.' The debut EP 'Color Outside the Lines" features five tracks: the lead single 'What You Want,' prerelease 'Go!' as well as 'Fashion,' 'JoyRide' and 'Lullaby.' All five members are credited across the album, with different combinations of members helping write and compose each track. Members said the selection of 'What You Want' was painstaking, chosen from a pool of more than 300 demo tracks. The song layers 1960s psychedelic rock guitar riffs over boom-bap hip-hop beats — an unusual sonic blend for K-pop. ''What You Want' is about seizing what you desire without hesitation,' Seonghyeon explained. Juhoon added that the psychedelic touches convinced the group it was the right main track. James recalled initially worrying about choreography but said the track's energy inspired him to create a fitting performance. The group spent three months in Los Angeles last year shaping the album. 'We had planned for just one month, but it wasn't enough,' said Keonho. 'So we extended our stay to three months.' Asked about their goals, Juhoon said, 'For now, it's about letting people know who we are and what our music is. In the long run, we want to become a team with a distinct identity, like our senior groups at the company.' The members also reflected on advice from senior labelmates. Seonghyeon recalled BTS encouraging them by saying, 'We really hope you succeed,' while Tomorrow X Together offered concrete feedback after watching one of their performances. Martin said J-Hope told them during his solo concert appearance in June, 'Never take what you have for granted. Always be thankful and stay humble.'


Korea Herald
4 hours ago
- Korea Herald
Probe into ‘Hitman' Bang Si-hyuk, explained in 2 minutes
Though Bang Si-hyuk, the K-pop mogul behind BTS, has enjoyed enormous success with Hybe's global rise and a personal fortune nearing 3.5 trillion won ($2.5 billion), his career now faces one of its toughest tests. Korea's regulators have launched a rare multiagency probe into alleged stock manipulation tied to the 2019 initial public offering of Hybe (then Big Hit Entertainment). The legal storm threatens both his reputation and the company's credibility. Bang under fire Founder in spotlight: Bang Si-hyuk, the architect behind BTS' global success, faces allegations of misleading investors ahead of Hybe's 2019 IPO. Charges: Accused of unfair trading, allegedly pocketing half of the 400 billion won raised. Bang's response: Broke his silence in a letter to employees, pledging full cooperation with authorities. Multi-agency crackdown FSC referral: The Financial Supervisory Commission handed the case to prosecutors — its toughest measure. Police raids: Offices of Hybe and the Korea Exchange were searched. Tax probe: The National Tax Service launched an intensive investigation using its special bureau. Extraordinary scope: All four state arms — prosecutors, police, regulators, NTS — simultaneously targeting Hybe. Shareholders shifting: Netmarble cut its stake by 2.6 percent in May; The National Pension Service trimmed holdings in June 2024. Partnership strains: NFT venture with crypto firm Dunamu wound down after losses. Bang remains key: Largest shareholder with 31.57 percent stake. Market turmoil Stock swings: Hit 323,000 won on July 2, then plunged 24 percent to 246,000 won by July 30. Partial rebound: Now back near 283,500 won but still below IPO levels. Value trap fears: Shares still lag far behind peak despite solid earnings.


Korea Herald
7 hours ago
- Korea Herald
Korea's burger market sizzles as global, local chains go full grill
McDonald's, Burger King localize tastes; Lotteria, Mom's Touch take K-style burgers abroad Korea's craving for burgers shows no sign of abating, with the once-occasional indulgence now a regular part of many consumers' weekly diet. According to market research firm Euromonitor, Korea's burger market has climbed steadily from 2.1 trillion won ($1.51 billion) in 2014 to a projected 5 trillion won this year, up from 4.2 trillion won in 2024. Riding this swift rise, global players are digging deeper into localization, whereas local brands look outward to grow. Global chains, local touch McDonald's Korea is marking a historic turnaround among foreign labels. Last year it returned to the black for the first time in eight years, posting an operating profit of 11.7 billion won and net income of 115.3 billion won. Revenue rose 11.8 percent to a record 1.25 trillion won, while total sales, including franchises, climbed 9.1 percent to 1.41 trillion won. The company credits its success to a blend of customer-focused initiatives, steady menu innovation and leaner operations, with a key role played by the global chain's embrace of the uniqueness of Korea's different regions. One standout example came last year when McDonald's Korea relaunched the Jindo green onion cream croquette burger, made with green onions from Jindo in South Jeolla Province, following up on the product's earlier success. The latest hit arrived in July, with the Iksan sweet potato mozzarella burger, made with sweet potatoes from North Jeolla Province, surpassing one million sales in just nine days. 'We believe the popularity stems from using ingredients familiar to Koreans and reimagining them through McDonald's unique know-how and style,' said an official from McDonald's Korea. Industry observers say the loconomy market -- integrating local communities into business -- is in a full-fledged growth phase, offering companies a prime opportunity to align their brand identity with local values. Another international name, Burger King, has also charted a course to record profits. BKR, the operator of Burger King and Tim Hortons in Korea, posted a record operating profit of 384 billion won in 2024, up 60.4 percent, on revenue of 792.7 billion won. While Burger King Korea's bold marketing and embrace of consumer feedback -- from a stunt ad declaring the end of Whopper sales to reviving discontinued items -- have fueled its growth, the chain has also found success overseas with burgers and ingredients created and sourced in Korea. The quattro cheese Whopper, developed in Korea in 2013, has been introduced to seven other countries, including the United States, China and Japan, since 2015. The company added that ingredients sourced in Korea, such as cheese buns, assorted mushrooms and bulgogi sauce, are also being supplied to overseas markets. 'We are seeing more foreign tourists visiting Korea seek out menu items unique to Burger King Korea,' a company official said, adding that the chain will continue consumer-focused menu development at a time when Korean tastes increasingly help shape global trends. Local names, global reach Amid the market's expansion, Korean burger chains are beefing up their presence both at home and abroad. Lotte Group's food franchise arm, Lotte GRS, where burger chain Lotteria accounts for more than 70 percent of revenue, is on the verge of breaching the 1 trillion won sales mark, posting 995.4 billion won in revenue last year, up 7.7 percent, while operating profit surged 87.6 percent to 39.1 billion won. According to Lotte GRS, product innovation -- including chef collaborations like the Napoli Mafia mozzarella burger -- along with store renovations and automation tools contributed to its improved earnings. Another fast-rising domestic chain, Mom's Touch, posted record highs last year with revenue of 417.9 billion won and operating profit of 73.4 billion won. Launched in 2004, the chain built its reputation on affordable, high-quality chicken burgers and, in less than two decades, has become the nation's largest burger franchise by store count, with 1,450 locations nationwide as of January. Both domestic players, aiming to tap new market potential, now have international expansion on the table. With an established presence in Asian markets such as Vietnam, Mongolia, Myanmar and Laos, Lotteria's latest partnership in Malaysia, signed in August, targets 30 new stores within five years, while its first US location debuted on Monday in Fullerton, California. At the store's soft-opening event last week, Lotteria shared on social media photos of long queues outside the store, where customers, some shielding themselves from the heat with parasols, waited at least an hour to try the chain's signature bulgogi, shrimp and rice burgers. 'The global influence of K-culture is likely to give the brand a strong tailwind overseas,' one industry official said, adding that Lotteria's key advantage lies in its distinctive Korean-inspired menu. Likewise, Mom's Touch, which currently operates overseas stores in Mongolia, Thailand and Japan, plans to enter Laos and Cambodia in the second half of this year, with further expansion planned for Malaysia and Kazakhstan. The chain's Korean-style chicken burger recently found success in Japan, where its store in Shibuya, Tokyo, opened last year, attracted more than 700,000 visitors and generated over 5 billion won in sales in its first year. In September, it plans to open its second Japan location in Harajuku, which will be the brand's largest outlet worldwide. 'We are also exploring various models, including joint ventures, with strategies tailored to the business culture of Japanese companies,' said a Mom's Touch official, as the chain aims to open up to five additional stores by year-end.