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Conrad Seoul part of mixed-use complex in Seoul
Hilton Worldwide will manage a new luxury hotel in Seoul, South Korea, that's slated to open in 2011. The 446-room Conrad Seoul will be located in the International Financial Centre, a major mixed-use complex in the South Korean capital.
“The Conrad Seoul will be a stunning addition to our growing portfolio of Conrad Hotels and to our expanding footprint in Korea, and we are delighted that (developer) AIG Global Real Estate has chosen to work with Hilton Worldwide,” said Martin Rinck, Hilton Worldwide's president–Asia Pacific. “We believe that the Conrad's contemporary luxury will be a natural fit for the sophisticated and design-led IFC Seoul, and we are confident that the hotel will become a fitting landmark among guests and members of the business community in this world class and high-tech city.”
In addition to the hotel, the mixed-use IFC Seoul complex will include three office towers, a cineplex and a luxury retail mall, as well as extensive dining and leisure areas, public access to green spaces and a direct connection to the Seoul subway system.
The IFC Seoul project is one of the first large-scale real estate developments in Korea to be led by an international consortium. The project, which launched in 2005, is a key component in the Seoul Metropolitan Government's plan to rejuvenate the city's Yeouido area and position the area as a regional financial center.
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