Short-term rentals, commonly known as Minbak and Pensions in South Korea, have become a vital part of the country's booming tourism industry. Popular destinations such as Seoul, Busan, and Jeju Island attract millions of visitors each year, many of whom seek out these unique accommodations for their affordability and local charm. The impact of short-term rentals in South Korea has been significant, with the government generating substantial income from this sector—estimated to be in the billions of Korean won in 2023. Major platforms like Airbnb, Agoda, and local favorite Yanolja have been instrumental in listing these accommodations, making them easily accessible to both domestic and international travelers.