Land ministry cuts traffic fees for hotels and traditional markets

The land ministry said Thursday it revised rules to lower traffic impact fees for four-star and higher hotels, traditional markets and indoor used-car display facilities. The changes take effect immediately.

Under the amended Enforcement Rules of the Act on Promotion of Urban Traffic Readjustment, the traffic impact coefficient for luxury and family hotels in cities with populations over 1 million dropped from 2.62 to 1.64, cutting charges for these accommodations by approximately 40 percent.

Traditional markets were reclassified from large-scale stores to retail market standards, lowering their coefficients by an estimated 40 to 70 percent depending on city size. Indoor vehicle display areas at used-car dealerships were also excluded from high fee calculations, reducing costs for those facilities by about 70 percent.

The revisions aim to revitalize the tourism industry, alleviate economic burdens on small merchants in traditional markets, and rationalize fees for used-car sales facilities based on actual traffic generation volumes.

"With this revision, we will quickly push forward with follow-up procedures so that small business owners and tourism operators struggling with high prices and rising fuel costs can feel tangible cost-saving effects," said Jeong Chae-gyo, the ministry's comprehensive transport policy director. The updated coefficients apply to charge periods ending on or after July 31, 2026.