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]

The hotel closed on December 31, 2022 for demolition and redevelopment and ceased to be affiliated with the Hilton brand.[5]

References

  1. Web site: Millennium Hilton Seoul. 2020-08-14. Hilton. en.
  2. News: CDL to sell 5-star hotel Millennium Hilton Seoul, adjoining land for $1.26b, shares jump . The Straits Times . 13 December 2021 . 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