Myeong-dong is a commercial area, and one of the main shopping areas in Seoul.
During the Joseon Dynasty it was called Myeong-rye-bang (명례방) and was mostly a residential area. During the Japanese occupation of Korea, its name was changed to Myeong-chi-jeong (명치정) and it became more of a commercial district, influenced by the neighbouring Chungmuro district. The name was finally officially changed to Myeong-dong in 1946 after Gangbokjeol.
In 1960s, after the Korean War the growth of economic and financial sector from Namdaemunro and Euljiro gradually expanded into Myeong-dong. The net result was construction of highrise buildings and the stores, shopping centers, resturants, and businesses it is famed for. There was city-wide renovation, turning Myeong-dong into a young and trendy spot in 70s.
Not only being a major commercial and financial district, Myeong-dong has been popular location for political demonstrations and protests in the 1980s and 1990s.
From 2000 onwards, Myeongdong has been a designated Special Tourism Promotion Area and is one of the destinations on the official Seoul City Bus main tour route.
News reports assert that today, Myeong-dong is the one of the most expensive shopping areas in the entire world, seeing approximately 2 million visitors daily.
The southern part of Myeong-dong is served by Myeong-dong Station on Line 4 of the Seoul Metropolitan Subway, while the northern area is closer to Euljiro 1-ga Station on Line 2. Many inner and outer city bus lines pass through the district for easy access.
Note that the bus on #2 refers to a bus like a greyhound, megabus, boltbus and etc in US.
Myeong-dong is popular primary for shopping, eating and drinking. However, there is a historical catholic church in Myung-Dong called Myeong-Dong Cathedral.
There are lots of places to shop for both sexes. Myeong-dong is one of main shopping districts in Seoul so the price range of retail stores varies from mid to high. Also, there are international brand outlets including Ralph Lauren, Forever 21, Louis Vuitton, and Bulgari.
Moreover, there are several large department stores called bakhwajum (백화점), including Lotte Department Store (롯데백화점), Shinsegae (신세계백화점), M plaza which has popular stores from US including Zara and Forever 21, Miliore (밀레오레), and Noon Square.
There are also lots of financial services companies and investment firms including SK Corporation, Guk-min Bank(국민은행), Citibank, AIG Korea Insurance, HSBC and more.
A destination that are visited the most with couples are called Nam-san Tower (남산타워). Here are the link you can see the more pictures. It is popular due to the fact that people, together with their lover ,can put a lock on the top of the tower and throw the key away so their love will not fly away.
Myeong-dong has been hosted a festival since 1982 to vitalize the commercial area and attract tourists. The festival normally held twice a year: first one around end of March to Middle of April and the second time on month of September. Its a Parades with music, dance performances, fashion shows and other fund things of festival. During this festival time, many stores and shops offer sales on their products.
In Korea, in general, you can see lots of street foods and they are mostly good. however, it might be little strange for people who are not used to it. Myeong-dong is not only known for the shopping but also known for the food.
There are tons of places to eat and from there I picked a several places you can try. first of all, there are Chung-Moo Kimbob (충무김밥), Wang-bi Jip  (queen house?) you can see tons of places to eat while you walk around Myeong-dong.
Myeong-dong also have American franchised companies including, Burger King, McDonalds, KFC, etc.
Moreover from the Restaurants, every place sells alcohol so for people who love to drink do not have to worry about places to drink.
However for people who need more information, here are the lists that i picked a few from tons of bar/restaurants.
1. HONOGI (호노지). Its a Japanese restaurant sells really good beer called Ah-Sa-Hee(아사히). For more pictures: 
2. Ban-Ji-Reum (반지름). they are a Korean bar. It is named that way because you can enjoy the drinks with half price. For more information about events with 50% discount check the link. 
3. MEZZ BAR(메쯔바). A bar known for cocktails. For more pictures, check 
4. Levenbroee(레벤브로이). They are known for beer but also because the view from the bar is amazing. For more information and pictures, check 
5. Touch of Spice (터치 오브 스파이스). Asian Dining and Bar. Clean & modern interior design and the food looks amazing. for more pictures, check 
1. Lotte Hotel (롯데호텔). Known for business travelers and on 22nd Floor is a Women ONLY are, for Women who are very looking for a secure place with just a group of women to travel.
Wondering how we know that men are not on that floor? There is a security door with a scanner which only women keys can access. For more information, visit . Room Rates: - Superior Room (슈페리어룸) = 350,000 Won - Deluxe Room = 400,000 Won - Club Floor Deluxe Room = 460,000Won - Junior Suite Room = 480,000 Won.
2. Pacific Hotel(퍼시픽호텔). For more pics, info visit
Room Rate: - Deluxe Room = 180,000 Won - Twin Room = 200,000 Won - Heated Stone Room (온돌룸) = 200,000 Won - Triple Room = 260,000 Won - Suite Room = 290,000 Won - Royal Suite Room = 320,000 Won
3. Se-Jong (세종호텔). This hotel has the beautiful view including Namsan Tower mentioned earlier. For more info, visit 
Room Rate: - Superior Double Room = 220,000 Won - Standard Room 240,000 Won - Deluxe Room = 260,000 Won - Executive Double Room = 280,000 Won - Suite Room 420,000 Won.
4. Western Cho-Sun(웨스틴조선호텔). For more info visit 
Room Rate: - Business Deluxe Room = 380,000Won - Executive Deluxe Room = 440,000 Won - Junior Suite Room = 1,000,000 Won - Executive Suite Room = 1,500,000 Won - Royal Suite Room = 4,000,000 Won - Presidential Suite Room = 9,000,000 Won.
As of 3/25/11, the Currency is $1 = 1,111 Won.
Very similiar to how you came into the city. You can either take a taxi to the greyhound bus terminal, or subway to bus terminal, or take city bus. From the bus termini,l buy the tickets to the airport and with the flight ticket you have purchased.