Hanwha Hotels & Resorts
- Hospitality Division: Resorts, hotels, leisure
- Estate Division: Comprehensive real estate services
Hanwha Hotels & Resorts began operations in 1979 as the developer of South Korea’s first condominium resort. Since then, we have grown into the nation’s premier leisure and service provider. Today, our business centers on two main pillars: hospitality and estate services. We also operate subsidiaries such as Aqua Planet, an aquarium business operator; Hanwha Foodtech, a food and beverage service provider; and Hanwha Next, an equestrian business operator.
Our Hospitality Division owns South Korea’s largest condominium brands, including nine resorts with 4,636 rooms as well as four hotels and three golf courses. We continually remodel our resorts to stay ahead of customer needs and strengthen our competitiveness. Geoje Belvedere, our resort launched in 2018 in Geoje, with a total of 470 rooms, is regarded as a leading luxury marine resort complex in South Korea.
After the opening of THE PLAZA, a world–class luxury boutique hotel with 319 rooms, we launched the premium resort hotel Yeosu BELLE MER in 2020, followed by Yangyang Breathe By MATIÈ in 2021. Yangyang Breathe By MATIÈ, in particular, is the first hotel in South Korea to combine the concepts of surfing and healing. In July 2022, we launched a new lifestyle resort, MATIÈ Osiria in the Busan Osiria complex, which offers a unique sensibility. We are offering a new kind of relaxation, with services provided in collaboration with local brands, as well as incorporating digital transformation technologies.
Additionally, we own and operate three premier golf courses in Seorak, Yongin, and Jeju, totaling 63 holes. Each regional course boasts high–end facilities, services, and unique characteristics that harmonize with the surrounding mountains and sea. We also operate Xystum flower shops, with the largest number of florists in the nation, along with theme parks such as Seorak Waterpia and Pororo Aqua Village, which attract family visitors.
In the hospitality business, our future focus is complex development. We also plan to leverage our longstanding skills and experience to expand our consignment operation business for promising facilities such as golf courses and hotels. In March 2024, we rebranded our food and beverage (F&B) subsidiary The Tastable as Hanwha Foodtech. Hanwha Foodtech will actively incorporate cutting-edge technologies such as AI and robotics into the food industry as a whole. Further, the company will actively work to enhance the quality of F&B services and operational efficiency through collaboration with affiliate Hanwha Robotics.
Seorak Plaza Country Club
Our Estate Division has become one of the top five real estate asset management companies in Korea by providing comprehensive real estate services. We offer real estate consulting, asset and facility operation management, construction, and security solutions designed to increase the value of client assets.
With efficient and stable operations, we are increasing the value of the 128 facilities that we manage around the nation, including office buildings, data centers, logistics warehouses, complex facilities, research centers, and factories. Using our expertise in market trend prediction, analysis and strategies, we provide professional real estate consulting services for leasing, purchases and sales, and investments. We are enhancing our competitiveness in other services that increase the value of real estate, such as interior design, new construction and extensions.
Recently, we developed digital real estate management solutions for more specialized and advanced services. We also launched a new real estate brand, Allside, to provide more systematic real estate services. At the same time, we are diversifying our business areas by actively participating in development projects, such as MICE complexes in Seoul Station, Daejeon Station, and Jamsil, as well as in indirect investment markets like real estate funds and REITs.
To realize the goal of becoming a leading real estate service company through robust foundational growth and business innovation, we will continue to improve our profitability and strengthen our core competitiveness. We will also enhance our expertise in each field, while offering the best services to our customers through change and innovation.
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