{"id":13291,"date":"2021-01-12T22:09:08","date_gmt":"2021-01-12T22:09:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=13291"},"modified":"2026-04-23T22:45:30","modified_gmt":"2026-04-24T01:45:30","slug":"jeju-dream-tower-hotel-gets-5-star-rating","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-hotel-gets-5-star-rating","title":{"rendered":"Jeju Dream Tower hotel gets 5-star rating"},"content":{"rendered":"\n

Confirmation of the five-star status for the South Korean hotel is expected to accelerate the transfer of casino operations from Lotte Hotel Jeju.<\/p>\n\n\n\n\n\n\n\n

South Korea.- The Grand Hyatt Jeju, Jeju Dream Tower\u2019s hotel, has been awarded a 5-star rating.<\/p>\n\n\n\n

Experts say the confirmation will accelerate the process of transferring casino operations from the current Lotte Hotel Jeju to the tower, although the company still needs authorisation from the governor. <\/p>\n\n\n\n

There will be a Casino Supervisory Committee meeting on the issue on February 22.<\/p>\n\n\n\n

Lotte Tour Development\u2019s US$1.4bn project recently opened its doors. The company has also moved its headquarters<\/a><\/em><\/strong> from Seoul to the tower. <\/p>\n\n\n\n

Some of the 1,300 employees hired for the venue have been working at the new property since October to set up initial operations.<\/p>\n\n\n\n

The casino is expected to be inaugurated on March 11.<\/p>\n\n\n\n

Aside from the 1,600-room Grand Hyatt hotel<\/a><\/em><\/strong>, the 38-storey tower also houses 14 restaurants and bars, a shopping mall, an outdoor pool, two spas and a top-floor skydeck lounge.<\/p>\n\n\n\n

The Dream Tower foreigner-only casino is expected to open with 140 gaming tables, 190 slot machines, and 70 electronic gaming machines.<\/p>\n","protected":false},"excerpt":{"rendered":"

Confirmation of the five-star status for the South Korean hotel is expected to accelerate the transfer of casino operations from Lotte Hotel Jeju.<\/p>\n","protected":false},"author":2,"featured_media":13293,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Grand Hyatt Jeju, part of Lotte Tour Development's US$1.4bn Jeju Dream Tower, has secured a 5-star rating, which is expected to expedite the transfer of foreigner-only casino operations from Lotte Hotel Jeju. Regulatory approval from the governor and a Casino Supervisory Committee meeting on February 22 are prerequisites for the planned March 11 casino inauguration, featuring 140 gaming tables and 260 electronic gaming machines.","focusai_entities":"Lotte Tour Development, Lotte Hotel Jeju, Grand Hyatt Jeju","focusai_location":"South Korea, Jeju, Seoul","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Regulatory Impact","query":"What specific regulatory conditions or precedents might the Casino Supervisory Committee establish for this casino operation transfer, and how could they influence future licensing processes in South Korea?"},{"label":"Market Dynamics","query":"How is the entry of the Grand Hyatt Jeju's foreigner-only casino, with its specified gaming capacity, projected to impact the GGR and NGR of existing integrated resorts in Jeju and the broader South Korean market?"}],"footnotes":""},"categories":[28,16338],"tags":[23765,23907],"class_list":["post-13291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-jeju-dream-tower","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13291","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=13291"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13291\/revisions"}],"predecessor-version":[{"id":13297,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13291\/revisions\/13297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13293"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}