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Business Travel View - Seoul

by Walter 10. March 2010 08:00

Seoul is the capital and the largest city of the Republic of Korea (South Korea). This city which is officially referred to as the Seoul Special City is a hustling-bustling metropolis which is located on both sides of the Han River bang in the middle of the Korean Peninsula. Towering sky-scrapers, glittering neon signs and billboards adorn the skyline of modern day Seoul but the city and its surrounding Seoul National Capital Area is also home to several UNESCO World Heritage Sites which are representative of the city's rich ancient history that dates back to 18 BC.

The buzzing metropolis of Seoul which is the most prominent economic, political and cultural center in South Korea has been ranked in recent surveys as the sixth most economically powerful city in the world. Seoul actually easily lives up to its high rank for the city which hosts some of the largest and most well known South Korean firms like Samsung, LG and Hyundai is also a major center for business and finance. Located in Seoul are the South Korean outposts of major global banking conglomerates like HSBC, Deutsche Bank, Citibank along with the headquarters of major Korean financial institutions like the Korea Exchange Bank which is a specialized foreign exchange bank, KB Kookmin Bank which is the largest bank by both asset value and market capitalization in South Korea and Hana Bank. Most of these banks and financial companies in Seoul are located in the downtown section of the city which lies on the northern bank of the Han River.

However Seoul's commercial activity is not limited only to the northern bank of the Han River for much of city's exciting and forward-looking fashion, IT, entertainment, and venture capital companies are concentrated on the southern bank of the Han River near the affluent and upscale Gangnam district. Seoul which has also been declared the 2010 World Design Capital by the International Council of Societies of Industrial Design is a extremely technologically advanced city which is in fact known for its several firsts in the world of digital technologies like the creation of the DMB technology which enables the TV and radio broadcasts to be accessed on mobile phones and the establishment of Wibro, a wireless high speed mobile internet service. The city today also hosts the fastest fiber-optic powered broadband network which is currently being enhanced and upgraded.

Also under construction in Seoul currently is city's futuristic Digital Media City which is slated to be a hub for high-tech technologies. This 133 floor building when completed in 2015 is expected to be the second tallest building in the world which will house networked offices, apartments, exhibition and conference halls and cultural centers. Currently though the city hosts most of its conventions, meetings and conferences at its large well-equipped COEX center which is located within Seoul's World Trade Center complex and offers world class facilities in the form of 51 meeting rooms, four huge multi-purpose exhibition halls, four theaters and concert halls and a gigantic underground shopping mall. Seoul in fact has already hosted quite a few major global events like the 1988 Summer Olympics, the 2002 FIFA World Cup and this year this energetic and modern city is all set to host the November 2010 G-20 Summit.

All this hectic economic activity has firmly entrenched Seoul as an important destination on the business traveler's map and in order to serve the needs of the international business community Seoul has also upgraded and modernized its various infrastructure and transportation facilities, which now include the city's state of the art, Incheon International Airport which was inaugurated in 2002 and is now ranked as one of the best airports in the world.

The airport which plays host to a whole horde of international carriers is located on an island in the Han River and can be accessed by a 90 minute driver by taxi/bus from the center of the city. Incheon airport is also served by the AREX airport express train which connects it to the city's other Gimpo Airport which mainly serves domestic South Korean carriers. In the future the AREX is expected to also connect to Seoul's main railway station, Seoul Station which hosts the oldest railway lines in South Korea namely the Gyeongbu and Gyeongui lines as well as the KTX bullet train service which provides high speed train services between Seoul and various other cities in South Korea. Additionally Seoul is also well served by an efficient subway system which connects various parts of the city.

Hotels in Seoul can be found on both sides of the Han River and because traffic is often gridlocked in this pulsating city, most business travelers choose to stay close to the areas where they have to conduct business. Some of the popular business hotels located in the City Hall area of Seoul (north of the River Han) include establishments like the W Hotel which affords gorgeous views of the Han River, the Grand Hyatt Seoul, the old-world Chosun Hotel and the Shilla Hotel. The southern side of the Han River also hosts several popular hotel properties like the sleek modern Park Hyatt Seoul, the J.W. Marriott Seoul which is attached to a luxurious mall and the Ritz Carlton Seoul.

Seoul also offers much after hour's entertainment which can be found in its many lively neighborhoods like the Cheungdam-dong area in Gangnam which is home to numerous cafes and restaurants, the Samcheong-dong area which hosts many small art galleries and, the area of Itaewon which is a popular shopping district populated by boutiques, shops and cafes that is a favorite with foreign visitors.

Travel to Seoul from the US usually involves a long haul flight and if your company's business necessitates frequent trips to this animated Korean capital city then you might want to consider using the efficient and cost effective services of the New York based travel management company, Fare Buzz. Business class tickets from the US to Seoul are quite expensive as they are usually priced at over $3000 for a one-stop journey and over $5000 for a nonstop flight but you can manage to procure these essential business class tickets at highly competitive rates by partnering with the New York City based travel solutions company, Fare Buzz which is a leading supplier of cheap business class airfares.

Through its contracts with over sixty domestic and international airlines, Fare Buzz is able to procure cheap business class flights to nearly every destination in the world. It is worth mentioning that these cheap business class tickets come with all the perks that are normally associated with regular business class tickets like mileage accrual and pre-assigned seats. Further the customer service team at Fare Buzz which is available on hand all seven days of the week is made up of knowledgeable and experienced personnel who are dedicated to finding the most cost effective business class travel packages for their clients for in addition to airlines, Fare Buzz also has an exclusive relationship with over 10,000 hotel properties located all over the world. So when you next need to visit the "Soul of Asia", do make it a point to call Fare Buzz at 1-800-847-1963 in order to secure the best deals for your trip.
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