Hoban Hotels

Luxury hotels in South Korea are enjoying the emerging trend of Koreans choosing relaxing vacations at hotels, rather than taking holidays overseas....

Gmarket on Thursday say it will launch a customized search service for hotels abroad.Users can input hotel-related keywords into the Gmarket app's s...

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...

Hanwha Hotels & Resorts Co. announced on Tuesday that it signed with Mohegan Inspire Entertainment Resort a memorandum of understanding (MOU) fo...

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...

When Hotel Shilla Co. CEO and Samsung Group heiress Lee Boo-jin said in a shareholders’ meeting in March that the Korean hotel company will br...

Delta Air Lines Inc., a friendly shareholder of Hanjin KAL Co., has bought an additional 1.7% stake in the company, which operates Korea’s lar...

Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...

South Korea’s POSCO International Corp. and Hotel Lotte Co. have been suffering from sluggish earnings of their five-star hotel in Yangon, Mya...

Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...

Investment firms in South Korea are injecting funds into domestic hotels, preparing for the post-pandemic era. The firms are particularly focusing...

South Korea’s activist fund Korea Corporate Governance Improvement Fund (KCGI) has decided to sell its stake in Hanjin KAL, the holding compan...

Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...

Aju Hotels & Resorts Co., a hospitality firm under Korean conglomerate Aju Group, has sold its San Jose-based hotel to an affiliate of US hosp...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

  Hyundai Engineering & Construction Co. (Hyundai E&C), a construction giant under Hyundai Motor Company, will invest 409.9 billion wo...

South Korea’s reopening stocks surged on Dec. 3 as US President Joe Biden’s plans to curb the Omicron variant of COVID-19 exclude lockdo...

The real estate investment market size in South Korea during the third quarter of this year reached 3.7 trillion won ($3.2 billion), showing a small...

Millennium Hilton Seoul will likely join the ranks of five-star hotels in downtown Seoul that were sold for redevelopment into luxury residential or...

South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...

South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...

South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...

South Korea’s retail giant Shinsegae Group is strengthening its luxury hotel business with the grand opening of Josun Palace in the Gangnam ne...

South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...