Landing Jeju Development, a subsidiary of Landing International Development and the developer and operator of Jeju Shinhwa World, and Four Seasons Hotels and Resorts will launch a Four Seasons resort in South Korea's Jeju Shinhwa World.
Four Seasons Resort Jeju Island at Jeju Shinhwa World, South Korea will have approximately 240 guestrooms, suites and exclusive villas. Near Seoul, the island has multiple UNESCO sites, underground lava caves, waterfalls, coastal hiking trails and the highest mountain peak in all of Korea.
The first of its kind on the island, Jeju Shinhwa World has been opening in phases since the beginning of 2017 and spans approximately 27 million square feet. The integrated development has hotel facilities of over 2,000 guestrooms, including the Four Seasons Resort, resort condominiums and villas, and retail space. The integrated development will also have many entertainment options, including a waterpark, theme park, international-style casino and K-pop entertainment center.
“Korea is an important market for luxury leisure and business travelers.” Now that “Jeju attracted close to 16 million visitors in 2016," J. Allen Smith, president and CEO, Four Seasons Hotels and Resorts, said in a statement.
According to a statement by Yang Zhihui, chairman and ED of Landing International Development, tourism to South Korea is forecasted to increase significantly in the upcoming years.
Landing International is a limited company listed on the Main Board of Hong Kong Stock Exchange and also a constituent stock of the Hang Seng Family of Indexes. The company and subsidiaries are focused in developing operation of integrated leisure and entertainment resorts, gaming clubs, entertainment facilities and property development under its own “Landing 藍鼎” and “Les Ambassadeurs or Les A 利陞” brand names. The group also owns Les Ambassadeurs Club, a gaming club in London, UK with 45 gaming tables of casino games, private VIP rooms and the largest outdoor gambling zone in London.
Founded in 1960, Four Seasons Hotels and Resorts operates 105 hotels, resorts and residences in city centers and resort destinations in 43 countries. More than 50 Four Seasons projects are under planning or development.