Originally Posted by aleph08
I think I wrote that before but just one word of caution.
I stayed at the Grand IC (dec 2002) so I don't know if this applies to COEX.
The booking was made through IC's website and the rate quoted was in USD. When I checked out, the rate was in KRW which was reconverted in USD at a terrible rate.
The result was that the amount charged in USD to my credit card was higher than the actual rate booked. After a few email exchanges, the rate was deducted but then the USD was stronger against the yen and I lost money all the same. I hope others don't get the same problem.
I find that this happens often, especially in Korea and China, and several other places in South America.
The tip off seems to be when the rate is quoted in U$D, but the countries money is useless any where else.
IF you can exchange U$D for the local stuff at a better rate than the hotel uses for conversation, then do that and pay the bill in KRW or RMB, or whatever.