Employees have been told they will begin work at the tower on October 19. <\/p>\n\n\n\n\n\n\n\n
South\u00a0Korea.-\u00a0A thousand Lotte Tour Development employees have been notified to prepare to begin work at the new\u00a0Jeju\u00a0Dream Tower in October as scheduled.\u00a0\u00a0<\/p>\n\n\n\n
Some 360 of the South Korean travel company\u2019s staff have been completing preparations from nearby offices, and around 200 staff from the services and food and beverages areas have been told they will start work on October 19.\u00a0\u00a0<\/p>\n\n\n\n
Another 800 employees have been they will start work at the tower the following week.\u00a0<\/p>\n\n\n\n
Lotte Tour Development appears it will therefore complete its goal to\u00a0move its headquarters<\/a><\/em><\/strong> from Seoul into\u00a0the Jeju\u00a0Dream Tower on schedule<\/a><\/em><\/strong>. The tower is expected to be fully operational by the end of this year.\u00a0\u00a0<\/p>\n\n\n\n The tower is the tallest building on Jeju island, with 38 floors rising 169 metres, including a 1,600-room hotel operated by\u00a0Grand Hyatt, and a casino with\u00a0140 gaming tables, 190 slot machines, and 70 electronic gaming machines.\u00a0\u00a0<\/p>\n\n\n\n The total project cost has been estimated at about 1.6 trillion won (US$1.4 billion).\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Employees have been told they will begin work at the tower on October 19.<\/p>\n","protected":false},"author":2,"featured_media":10515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Lotte Tour Development is on schedule to open its Jeju Dream Tower, a 1.6 trillion won integrated resort featuring a Grand Hyatt hotel and a casino with 140 gaming tables and 190 slot machines, by the end of the year. The company is relocating its headquarters from Seoul to Jeju, with employee onboarding commencing in October.","focusai_entities":"Lotte Tour Development, Grand Hyatt","focusai_location":"South Korea, Jeju, Seoul","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.9), operator_casino (1.0), product_ux (0.7), tech_data (0.7), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Market Impact Analysis","query":"What is the projected GGR contribution of Jeju Dream Tower's casino operations to the South Korean gaming market, and how might this impact existing operator NGR?"},{"label":"Regulatory Compliance Strategy","query":"What specific regulatory compliance challenges and governance frameworks has Lotte Tour Development addressed in securing operational licenses for such a large-scale gaming vertical?"}],"footnotes":""},"categories":[28,16338],"tags":[23765,23766,152],"class_list":["post-10513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-jeju-dream-tower","tag-jeju-island","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10513"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10513\/revisions"}],"predecessor-version":[{"id":10516,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10513\/revisions\/10516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10515"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}