Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire

Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...
Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...
Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...
South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for f...
South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...
South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...
The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...
Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset M...
Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...
Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ($413 million) toget...
LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...
Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...
Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...
The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...
The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...
Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...
South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...
Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...
South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...
DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...
South Korea's Green Cross Holdings Corp. (GC) said on Tuesday it established its generative AI standard platform Hey.GC.Hey.GC is designed to improv...