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Known for Hotel Luxury, Ritz Carlton Returns to Seoul 15 Years Later with Iota Seoul

2025. 04. 21 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    There are currently several large-scale mixed-use development projects that are being promoted across major areas of Seoul. Seoul Station is seeing several large-scale development projects underway, specifically the Iota Seoul and Seoul Station North Development Projects. One of the key points to watch for in these large-scale mixed-use development projects is which luxury hotel brand is added to increase the value of the project. In the case of Hanwha Group’s Seoul Station North project, Mandarin Oriental, the pinnacle of Asian luxury, is scheduled for development. This is Mandarin Oriental’s first project in Korea. Iota Seoul has also confirmed that a luxury hotel brand will open in its development. […]

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