South Korea approves plans for Mohegan Sun resort

Incheon

The Mohegan Tribal Gaming Authority, which operates Mohegan Sun properties throughout the US, along with partners KCC Corporation and Incheon International Airport Corp., have all received a license from the Korean Government to develop and build an integrated resort at Incheon International Airport in Korea. 

Mohegan Sun is joined by Miura Holdings Asia, a multi-purpose investment vehicle focused on gaming, hotel and food & beverage activities in the United States & Asia, as part of the development team.
 
Mohegan Sun’s multi-phase development project named Project Inspire is expected to include a three-tower luxury hotel complex with 1,350 five-star and six-star guest rooms; the largest entertainment arena in South Korea, with capacity for up to 15,000 attendants; a Paramount Studios-Themed Indoor-Outdoor amusement park; and a 20,000-square meter casino. The resort will also be  the first and only destination resort in the world with an adjacent private air terminal.
 
Phase I of Project Inspire is estimated at US$1.6 billion, with a commitment total of US$5 billion over multiple phases.

Read more on

Suggested Articles

CBRE predicts that 89.3 percent of new hotel rooms in 2020 will open in one of the 60 major markets covered by its Hotel Horizons reports.

Construction pipeline hotels were up 17 percent and rooms are up “a remarkable” 28 percent year over year, according to Lodging Econometrics.

The 160-room property features more than 5,000 square feet of meeting space, a bar, a fitness center, an indoor pool and a grab-and-go shop.