JEJU SHINHWA WORLD FORMS STRATEGIC PARTNERSHIP WITH MARRIOTT INTERNATIONAL AND THE ASCOTT LIMITED TO ATTRACT GLOBAL TRAVELERS

24 Mar 2017

  • Marriott Hotel makes its debut in Jeju with Jeju Shinhwa World
  • Ascott to debut with first full serviced resort condominium in Jeju
  • Jeju Shinhwa World aims to make Jeju a world-class hospitality and entertainment destination

Seoul, South Korea (March 24, 2017) – The paradigm of travelling in Jeju is set to change as Jeju Shinhwa World today announced it has entered into agreement with world-renowned hospitality operators, Marriott International and The Ascott Limited (Ascott), to open the first Marriott Hotel in Jeju, Jeju Shinhwa World Marriott Resort & Spa, and first international-class fully serviced resort condominium in Jeju, Somerset Jeju Shinhwa World.

Owned and developed by Landing International Development Limited (HKEx: 582), Jeju Shinhwa World encompasses premium hotels and luxury resort condominium villas, as well as a theme park, waterpark and prestigious retail area, including popular high-end and K-Fashion brands. It will also feature a K-Pop entertainment center and a plush international standard casino. This integrated resort will be first of its kind in Jeju.

“Jeju Shinhwa World Marriott Resort & Spa and Somerset Jeju Shinhwa World will be a vital part of the integrated resort situated at an unsurpassed geographical location of a mere two hour flight from many major cities in East Asia,” said Mr. Roger Habermacher, Vice President, Hospitality, Landing Jeju Development Co. Ltd. “Jeju Island attracts more than 15 million visitors annually, with a tourism rate that will continue to grow strongly in the next few years. We stand to benefit from this visitor traffic and to attract more premium tourists to the area.”

The 630 guestrooms at the Jeju Shinhwa World Marriott Resort & Spa will be opening in two phases, with the first 486 contemporary rooms opening in late 2017, followed by the remaining 144 rooms in its second phase. Almost 30% of the rooms will connect, and all will include state-of-the-art facilities and services. Featuring an all-day dining restaurant, a Great Room Bar and Pool Bar, the hotel’s culinary concepts and elevated designs reflect true style that will create unique experiences for all guests.

“We are proud to introduce the first Marriott Hotel into Jeju, one of East Asia’s vastly growing tourism markets,” says Peter Gassner, Vice President, Hotel Development Asia-Pacific, Marriott International. “Marriott Hotels, with more than 70 years of history, are committed not only to providing outstanding service and superior stays for our valuable guests, but to ensure their travel experiences are truly innovative."

Mr. Max Phillips, Ascott’s Country General Manager for South Korea, said “With Ascott’s experience in operating award-winning serviced residences globally and in Korea, this is an exceptional opportunity for us to open the first international-class full serviced resort condominium on Jeju Island. As Jeju is popular with domestic and global travelers, there is strong potential for Somerset Jeju Shinhwa World, which provides the comforts and privacy of spacious stay and world-class services.”

Opening on 25 April 2017, Somerset Jeju Shinhwa World will offer 344 units of three-bedroom resort condominium units with thoughtfully furnished and stylish interiors. Each unit has a well-equipped kitchen, separate living and dining areas, a balcony, wine cellar, washing machine, dishwasher and a centralized home automation system. Somerset Jeju Shinhwa World also offers a wide range of modern amenities such as a clubhouse with a spacious lobby lounge, a fully-equipped gymnasium and sauna, a restaurant offering international cuisine, a children’s playroom and a large outdoor play area for kids.

Progressively from late 2017, Jeju Shinhwa World is also set to open its family theme park, YG entertainment center, water park, Jeju’s largest retail and food beverage complex, hotel rooms and MICE facilities and foreigner-only casinos.

The owner and developer for Jeju Shinhwa World, Landing International Development Limited has invested USD 1 billion for the construction and development for this project. A large-scale recruitment drive has started for 2,100 new jobs for the year end opening of Jeju Shinhwa World.

For more information, please visit www.shinhwaworld.com.

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