Millennium Hilton Seoul Explained

Millennium Hilton Seoul
Map Type:South Korea
Map Size:300
Coordinates:37.5554°N 126.9755°W
Map Dot Label:Millennium Hilton Seoul
Building Type:Hotel
Address:50 Sowol-ro, Jung-gu
Location Town:Seoul
Location Country:South Korea
Owner:Millennium & Copthorne Hotels
Hilton Hotels & Resorts
Hotel Chain:Hilton Hotels & Resorts
Floors:24
Number Of Rooms:680
Opened Date:December 7, 1983
Architect:Khatib & Alami
Website:Official website
Closing Date:December 31, 2022

Millennium Hilton Seoul was a luxury hotel in Seoul, part of Hilton Hotels & Resorts. The hotel opened in 1983 as the Seoul Hilton and is located at 50 Sowol-ro, Jung-gu, in the central business and shopping district in downtown Seoul.[1]

History

The hotel was originally owned by Daewoo Group, which sold it to City Developments Limited in 1999.[2] In December 2021, City Developments announced plans to sell the hotel and adjacent land to IGIS Asset Management, a Korean real estate firm, for 1.1 trillion won ($934 million).[3]

Millennium Seoul Hilton is listed in the Forbes Travel Guide.[4]

On December 31, 2022 the hotel announced that its final day of operation would be on the following Saturday and that it would no longer be affiliated with the Hilton brand from January 1, 2023.[5]

References

  1. Web site: Millennium Hilton Seoul. 2020-08-14. Hilton. en.
  2. Web site: CDL to sell 5-star hotel Millennium Hilton Seoul, adjoining land for $1.26b, shares jump . The Straits Times . 19 December 2021.
  3. Web site: Burgos . Jonathan . Singapore Billionaire Kwek Leng Beng’s City Developments To Sell Seoul Hilton For $934 Million . . 19 December 2021.
  4. https://www.forbestravelguide.com/hotels/seoul-south-korea/millennium-seoul-hilton Forbes Travel Guide - Millennium Seoul Hilton
  5. https://www.kedglobal.com/real-estate/newsView/ked202212300011#:~:text=Millennium%20Hilton%20Seoul%2C%20founded%20in,1%2C%202023 Hilton Seoul to close business for a redevelopment project