hotel rooms

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 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...

The dew point is the temperature at which the air becomes saturated with water vapor. When cooled further below the point, the airborne water vapor ...

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...

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

Mirae Asset Global Investments Co. Ltd. notified Anbang Insurance Group on May 3 of its decision to cancel a $5.8 billion acquisition of 15 US luxury ...

Mire Asset Global Investments Co. Ltd. has no problem with financing a $5.8 billion acquisition of 15 luxury hotels from Anbang Insurance Group and is...

Mirae Asset Global Investments Co. Ltd. remains on track to close a $5.8 billion acquisition of 15 US luxury hotels from China’s Anbang Insuranc...

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptc...

Hana Alternative Assets Management Co. Ltd. has provided a senior loan of $30 million on InterContinental Houston – Medical Center, in a five-ye...

Shinhan Investment Corp. has provided a $100 million mezzanine loan on Brookfield’s resort hotel in Florida which recently secured $560 million ...

Mirae Asset Financial Group has entered into exclusive negotiations to acquire a portfolio of 15 US luxury hotels owned by Anbang Insurance Group, val...

Hong Kong-based investment firm PAG has been named a preferred buyer of Grand Hyatt Seoul and its nearby residential land which are valued at abou...

CVC Capital Partners is set to buy a controlling stake in South Korea’s No. 2 accommodation booking app operator and in separate talks with minority s...

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have provided $182 million loans on a luxury hotel and condominium development...

The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...

Meritz Securities Co. Ltd. has extended a senior loan of $229 million on two new hotels in Nashville, which marked the third biggest construction loan...

Singapore’s Ascendas Hospitality Trust has acquired a hotel in downtown Seoul for 77.5 billion won ($69 million) from a South Korean real estate fund ...

Midas Asset Management, a small-sized South Korean fund manager, has invested $100 million in a mezzanine debt secured on 53 hotels across the United ...

KB Asset Management Co. Ltd. and other units of South Korea’s top banking group KB Financial Group co-invested 90 million euros ($103 million) in a se...

Hanwha Asset Management Co. Ltd. has made its first direct investment in Japan’s commercial property market by underwriting 49.8 billion won ($44 mill...

Hana Alternative Assets Management Co. Ltd. has collected $300 million from seven South Korean institutional investors to invest in mezzanine debts on...

Simone Investment Managers Co. Ltd., a unit of a South Korean handbag maker, has invested around 60 billion won ($56 million) in a mezzanine debt on...

South Korea’s construction materials company, Aju Group, closed a $87 million acquisition of a hotel near Seattle from Marriott International Inc. las...