Taekwang Industrial Co. has signed a definitive agreement to acquire the Courtyard by Marriott Seoul Namdaemun hotel from KT&G for approximately 250 billion won ($184 million), marking a significant move in South Korea's hospitality sector.
#YonhapInfomax #TaekwangIndustrial #CourtyardByMarriott #HotelAcquisition #KTG #250BillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91395
Taekwang Industrial Signs Definitive Agreement to Acquire Namdaemun Marriott Hotel

Taekwang Industrial Co. has signed a definitive agreement to acquire the Courtyard by Marriott Seoul Namdaemun hotel from KT&G for approximately 250 billion won ($184 million), marking a significant move in South Korea's hospitality sector.

Yonhap Infomax
Sono International has acquired Cross Hotels & Resorts' Thai and Indonesian subsidiaries, adding 15 hotels and 1,507 rooms, and plans further Asia-Pacific expansion.
#YonhapInfomax #SonoInternational #CrossHotelsResorts #AsiaPacificExpansion #HotelAcquisition #1507Rooms #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88228
Sono International Acquires Cross Hotels & Resorts – Expands Asia-Pacific Operations

Sono International has acquired Cross Hotels & Resorts' Thai and Indonesian subsidiaries, adding 15 hotels and 1,507 rooms, and plans further Asia-Pacific expansion.

Yonhap Infomax
Paradise Co. is projected to post a 51% jump in Q3 operating profit, driven by robust casino and hotel growth, with further gains expected as Chinese tourist inflows rise.
#YonhapInfomax #Paradise #OperatingProfit #Casino #ChineseTourists #HotelAcquisition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86422
Paradise Expected to Post 51% Surge in Q3 Operating Profit—Casino and Hotel Growth Drive Gains

Paradise Co. is projected to post a 51% jump in Q3 operating profit, driven by robust casino and hotel growth, with further gains expected as Chinese tourist inflows rise.

Yonhap Infomax