S. Korea's luxury hotels raise bingsu prices due to inflation

The prices of bingsu offered by luxury hotels such as The Shilla are surging with inflation wreaking havoc in recent months.

The Shilla increased the price of its Apple Mango Bingsu offered at the hotel's lounge and bar The Library to 83,000 won, a 30% increase over the previous year. The hotel blamed the soaring cost of Jeju Island's apple mangos.

As they begin competing in May for the summer season, the luxury bingsu desserts have become a mark of pride among hotels, showcasing their personality and distinct traits.

Despite a premium price of 98,000 won, the Shine Musket Bingsu, of which only 20 were offered every day at Josun Palace Seoul Gangnam's lounge bar, sold out every day last year.

Other hotels' bingsu dessert prices have also risen to between 45,000 and 70,000 won.