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NEWS
South Korea's US$1.7bn resort and casino set for launch in 2017
POSTED 03 Dec 2014 . BY Tom Anstey
The US$1.7bn project has been in the works since 2011
Paradise Sega Sammy – South Korea’s first integrated resort – has been given an opening date of March 2017 following a groundbreaking ceremony for the US$1.7bn (€1.4bn, £1.1bn) casino, hotel, spa and theme park project.

A joint venture between Japanese entertainment company Sega Sammy Holdings and Korean casino operator Paradise Group, the resort will cater to both business visitors and tourists. It will offer a five-star hotel, a foreigner-only casino, convention centre, retail, an indoor theme park, restaurants and a standalone healing spa where foreign visitors will be able to experience a Korean public bathhouse or “jjimjilbang”.

Included in the hotel will be 711 bedrooms, some of which will be pool villas. There will also be both indoor and outdoor pools, a fitness centre and a spa. The hotel will also house the casino – the largest in South Korea – with VIPs given access to an exclusive, private casino on the hotel’s top floor. A boutique hotel with 103 bedrooms is also planned.

K-Plaza – a complex housing multiple visitor attractions – will include a theme park using 3D hologram technology, a museum dedicated to South Korean culture, Korean restaurants and an art gallery.

A total of 330,000sq m (3.5m sq ft) of land for the project is being leased from Incheon International Airport for a period of 50 years, with Paradise and Sega Sammy holding a 55 per cent and 45 per cent stake in the venture respectively.

Several major architectural firms have signed up for the project, including WATG-Honolulu, Wimberly Allison Tong & Goo, G.A Design International, Hirsch Bedner Associates, Hawkins Brown, Lifescapes International and Gansam Architects & Partners.

PROJECT PROFILE:

Paradise Sega Sammy
Paradise Sega Sammy – South Korea’s first integrated resort – will offer a five-star hotel, a foreigner-only casino, convention centre, retail, an indoor theme park, restaurants and a standalone healing spa

Location: Incheon , South Korea
Size: 330,000sq m
Budget: US$1.7bn

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Jobs    News   Products   Magazine   Subscribe
NEWS
South Korea's US$1.7bn resort and casino set for launch in 2017
POSTED 03 Dec 2014 . BY Tom Anstey
The US$1.7bn project has been in the works since 2011
Paradise Sega Sammy – South Korea’s first integrated resort – has been given an opening date of March 2017 following a groundbreaking ceremony for the US$1.7bn (€1.4bn, £1.1bn) casino, hotel, spa and theme park project.

A joint venture between Japanese entertainment company Sega Sammy Holdings and Korean casino operator Paradise Group, the resort will cater to both business visitors and tourists. It will offer a five-star hotel, a foreigner-only casino, convention centre, retail, an indoor theme park, restaurants and a standalone healing spa where foreign visitors will be able to experience a Korean public bathhouse or “jjimjilbang”.

Included in the hotel will be 711 bedrooms, some of which will be pool villas. There will also be both indoor and outdoor pools, a fitness centre and a spa. The hotel will also house the casino – the largest in South Korea – with VIPs given access to an exclusive, private casino on the hotel’s top floor. A boutique hotel with 103 bedrooms is also planned.

K-Plaza – a complex housing multiple visitor attractions – will include a theme park using 3D hologram technology, a museum dedicated to South Korean culture, Korean restaurants and an art gallery.

A total of 330,000sq m (3.5m sq ft) of land for the project is being leased from Incheon International Airport for a period of 50 years, with Paradise and Sega Sammy holding a 55 per cent and 45 per cent stake in the venture respectively.

Several major architectural firms have signed up for the project, including WATG-Honolulu, Wimberly Allison Tong & Goo, G.A Design International, Hirsch Bedner Associates, Hawkins Brown, Lifescapes International and Gansam Architects & Partners.

MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
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QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
TechnoAlpin Indoor

TechnoAlpin is the world leader for snowmaking systems. With the Indoor snow division, TechnoAlpin c [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
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+ More directory  
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