SEOUL, Aug. 27 (Korea Bizwire) — Overseas business expansion by major South Korean hotel chains is being delayed for various reasons, industry sources said Monday. Shilla Stay, the business hotel arm of Shilla Hotel, was due to open a new branch in Danang, Vietnam, early this year, but the launch was pushed back to July [...]
SEOUL, March 29 (Korea Bizwire) – Top-class hotels are offering niche services to find not just overnight lodgers but clients who swing by during the day, industry watchers said Tuesday. The Four Seasons Hotel, sitting at the center of downtown Seoul, opened a nail bar in October, the first at a luxury hotel. With the [...]
SEOUL, Jan. 21 (Korea Bizwire) – The Seoul city government has rejected Hotel Shilla’s plan to build a traditional accommodation in central Seoul for the third time, officials said Thursday. The Seoul Metropolitan Government decided Wednesday to put on hold the plan to erect a hotel built in the style of a traditional Korean house [...]
SEOUL, Mar. 12 (Korea Bizwire) — Well-known hotel chains are increasingly planning to open business hotels in Seoul, creating additional competition in the hospitality industry. Accor, the global hotel group that operates 16 properties in Korea, has opened a business hotel, Ibis Style Ambassador Seoul, in Myeongdong. The company is planning to open two more Ibis Style [...]
SEOUL, Jan. 20 (Korea Bizwire) – As the growth of existing distribution channels such as department stores and big box discount stores reaches its limit, Korean retailers are rushing to open duty-free shops in an attempt to find new sources of revenue. According to industry experts, with the government planning to set up four more large-scale [...]