The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Hybe's new boy group Boynextdoor aims to be 'one and only' presence in K-pop

  • 3

    Brave Girls to restart activities under new name

  • 5

    Rapper Mino attends sister's wedding in U.S. amid military service

  • 7

    Running convenience stores becomes popular among people in 20s, 30s

  • 9

    Actors' off-screen chemistry enthralls fans

  • 11

    Sluggish exports behind weak Korean won

  • 13

    Naver suffers shrinking online search market share

  • 15

    Doctors, pharmacists to receive 30% bonus for offering telemedicine service

  • 17

    'Elemental' director on bringing his personal story of immigration to cinema

  • 19

    BTS' J-Hope to work as drill instructor at Army boot camp: sources

  • 2

    Seoul city erroneously sends emergency alert after NK launch

  • 4

    NK's attempt to launch 1st spy satellite fails after 'abnormal' flight: S. Korean military

  • 6

    Korea to ease immigration rules to attract more medical tourists

  • 8

    Big businesses face growing union pressure to extend retirement age

  • 10

    Seoul city takes flak for emergency text alert on NK's rocket launch

  • 12

    Anti-corruption watchdog set to investigate crypto assets of lawmakers

  • 14

    Seoul resident clashes with authorities for raising dogs to nab 'North Korean spies'

  • 16

    Pyongyang may have delayed spy satellite launch due to technical issues

  • 18

    NATIONALKorea likely to face pressure over imports of Fukushima seafood

  • 20

    Directors thrive on streaming platforms amid sluggish film industry

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Thu, June 1, 2023 | 04:48
Paradise City, Korea's first integrated resort
Posted : 2014-11-27 17:05
Updated : 2014-11-27 17:42
Kim Rahn
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
An artist's rendering of Paradise City, Korea's first integrated resort that will be built on Yeongjong Island, Incheon, jointly by Paradise Group and Sega Sammy Holdings in 2017 / Courtesy of Paradise Group
An artist's rendering of Paradise City, Korea's first integrated resort that will be built on Yeongjong Island, Incheon, jointly by Paradise Group and Sega Sammy Holdings in 2017 / Courtesy of Paradise Group


New tourist destination in Incheon will feature casino, hotels, theme park



By Kim Rahn


Korea's first integrated resort will debut in March 2017 on Yeongjong Island, Incheon.

Paradise Sega Sammy, a joint venture of Korean casino operator Paradise Group and Japanese entertainment company Sega Sammy Holdings, had a groundbreaking ceremony for the Paradise City resort on Nov. 20.

An integrated resort is a tourist facility that caters to both business and leisure tourists and usually has hotels, shopping malls, convention and exhibition halls, performance halls, gaming venues, restaurants and theme parks. Las Vegas, Singapore and Macau have some such resorts.

The construction for the 1.3-trillion-won project started about three years after Paradise Group was selected as the preferred bidder for the development of Incheon International Airport's International Business Center (IBC-I) in 2011.

Paradise Group holds a 55-percent stake in the joint venture, while Sega Sammy Holdings has a 45-percent stake. The land for the resort is being leased from Incheon International Airport Corp. for 50 years.

An artist's rendering of Paradise City, Korea's first integrated resort that will be built on Yeongjong Island, Incheon, jointly by Paradise Group and Sega Sammy Holdings in 2017 / Courtesy of Paradise Group
Paradise Group Chairman Chun Phil-lip delivers a speech at the groundbreaking ceremony for Paradise City on Nov. 20.

A five-star hotel, a boutique hotel, Korea's largest foreigner-only casino, a convention center, the hallyu-themed K-Plaza, an indoor theme park, restaurants and a luxury spa will be built on the 330,000-square-meter land.


"Paradise City is Korea's first integrated resort and takes advantage of hallyu for its contents. We believe it will appeal to travelers," Choi Jong-hwan, CEO of Paradise Sega Sammy, said in a media conference at the construction site.

"We hope that we can contribute to making Incheon a global tourist destination and leading Korean integrated resort business."

He said the location is also one of the resort's strong points. The resort is within 10-minutes walking distance from Incheon International Airport, only 58 kilometers away from the center of Seoul and within a four-hour flight's reach of some 1.3 billion people from around the world.

Choi said Paradise Group chose to partner with Sega Sammy Holdings because "Sega Sammy has know-how in entertainment contents such as games and animation, while we (Paradise Group) have know-how in casino operations. Sega Sammy will do a great deal in developing characters or games at the kids and family zones in the resort."

Several globally renowned design and architecture companies will work on the resort, including Wimberly Allison Tong & Goo, G.A Design International, Hirsch Bedner Associates, Hawkins Brown, Lifescapes International and Gansam Architects & Partners.

"Most of the revenues may come from the casino. But we will also focus on the other facilities, as a resort can create synergy between integrated casino and non-casino businesses," Choi said.

Paradise Group Chairman Chun Phil-lip also said, "Paradise City will be the final destination for tourists from all over the world and will become a landmark in Korea's tourism industry."

Paradise Group is Korea's largest casino operator, operating five casinos across the country and making about 640 billion won in sales last year. Meanwhile, Sega Sammy Holdings is a Japanese entertainment firm operating in the game, animation and theme park industries and making 321 billion yen in sales last year.


An integrated leisure complex


The main building of Paradise city will be a five-star hotel with 711 rooms, including pool villas. The hotel will have luxury restaurants as well as recreational facilities available year-round, such as indoor and outdoor pools, a spa and a fitness center.

The nation's largest casino will also be located in the hotel and will have 160 tables, 388 electronic table games and 350 slot machines. VIPs of the foreigner-only casino will be able to use a separate casino located on the top floor of the hotel as well as a separate lounge and entrance.

A boutique hotel with 103 rooms with more modern designs will also be built.

For international meetings, a 1,200-person capacity convention center with a grand ballroom will be constructed.

Paradise City will also feature K-Plaza, a multicultural complex. The complex will take advantage of Korea's advanced technologies and hallyu and will have a theme park using 3D hologram technology, a hallyu star museum, Korean restaurants and art galleries.

Foreign visitors will be able to experience a Korean public bathhouse, or "jjimjilbang," at the premium healing spa.

Paradise City will also be able to synergize with nearby tourist attractions in Incheon. For example, those staying at Paradise City's hotels can visit the surrounding area's attractions.

Emailrahnita@koreatimes.co.kr Article ListMore articles by this reporter
 
wooribank
Top 10 Stories
1Seoul city takes flak for emergency text alert on NK's rocket launchSeoul city takes flak for emergency text alert on NK's rocket launch
2Rude cabbies in Seoul face stricter penaltiesRude cabbies in Seoul face stricter penalties
3[INTERVIEW] Asia expected to be key driver of ESG growth: Deloitte ESG Partner INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner
4North Korea's spy satellite launch fails as rocket falls into sea North Korea's spy satellite launch fails as rocket falls into sea
5Retailers adopt generative AI to offer personalized products, services Retailers adopt generative AI to offer personalized products, services
6Committee calls for lowering requirements for foreigners to teach English online Committee calls for lowering requirements for foreigners to teach English online
7Chinese account for 54% of foreign-owned homes in Korea Chinese account for 54% of foreign-owned homes in Korea
8LS chairman appears in YouTube commercial LS chairman appears in YouTube commercial
9AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle' AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'
10Samsung Sharing Kiosk raises $174,000 to help children in need Samsung Sharing Kiosk raises $174,000 to help children in need
Top 5 Entertainment News
1[INTERVIEW] Lee Jun-hyuk unrecognizable in 'The Roundup: No Way Out' INTERVIEWLee Jun-hyuk unrecognizable in 'The Roundup: No Way Out'
2'Elemental' director on bringing his personal story of immigration to cinema 'Elemental' director on bringing his personal story of immigration to cinema
3SHINee celebrates 15th anniversary of debut: 'It feels surreal' SHINee celebrates 15th anniversary of debut: 'It feels surreal'
4ENHYPEN reaches new career high with latest album 'Dark Blood' ENHYPEN reaches new career high with latest album 'Dark Blood'
5'Transformers: Rise of the Beasts' raises bar with epic battle scenes 'Transformers: Rise of the Beasts' raises bar with epic battle scenes
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group