Korean Lodging Museum

Pre-Modern

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Modern Hotels
1888
Incheon
Daebul Hotel

Japanese Hisataro Hori and his son Rikitaro Hori opened an 11-room Daebul Hotel in 1888 at Jogyeji (now Chinatown) near Incheon Port and operated it for Westerners entering and leaving Seoul. With the opening of the Gyeongin Line in 1899, accommodation in Incheon was no longer needed, and the Daebul Hotel was converted to a Chinese restaurant which ended up demolished in 1978.

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1902
Seoul
Sontag Hotel

In 1902, Emperor Gojong built a 25-room hotel near Deoksugung Palace, currently the site of the 100th Anniversary Memorial Hall of Ewha Girls' High School, and granted it to a French ritualist Mrs. Antoinette Sontag. The Sontag Hotel began to suffer from financial difficulties after Mrs. Sontag left Korea in 1909, which ended up closed down in 1917 with the opening of Chosun Hotel.

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1914
Seoul
Chosun Hotel

The first Chosun Hotel was built with 64 rooms in Sogong-dong, where Hwangudan was located, by the Railway Bureau of the Japanese Government-General of Korea. After liberation, it was used as the US Military Command, and the government of Korea took it over upon establishment of the government. It was used as a temporary residence for Syngman Rhee, the first president, and during the Korean War, it was also used as a US military recreation facility.

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1938
Seoul
Bando Hotel

It is a 111-room hotel opened in 1938 by Sitagau Noguchi, a Japanese entrepreneur in Korea, right behind the Chosun Hotel. After he was kicked out of the Chosun Hotel due to shabby outfit, he bought a site right behind it and built a hotel twice as tall as the Chosun Hotel. It was transferred to the International Tourism Organization in 1963 with the Chosun Hotel.

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1955
Seoul
Geumsujang

In 1955, Seo Hyun-soo, a private entrepreneur, opened a two-story 19-room Geumsujang at the current Ambassador Hotel location. It was renamed as the Ambassador Hotel in 1965, and reconstructed in 1975 to a larger hotel with 450 rooms. It entered into a strategic alliance with the global brand Accor in 1987 and has reached today, and it is the first hotel built by domestic private capital.

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1963
Seoul
Walkerhill Hotel

In 1961, Kim Jong-pil, the head of the Central Intelligence Agency, promoted the construction of the Walkerhill Hotel as an entertainment facility for the US military, and when the International Tourism Organization was launched, the project was transferred. In 1963, the Walkerhill Hotel was opened, consisting of 26 buildings including five guestroom towers, 13 villas, an observatory and a garage. It was the first hotel in Korea with a night club, a blowling alley and an indoor swimming pool.

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1967
Seoul
Tower Hotel

In 1964, the Freedom Center of the Asian Anti-communism Federation (now the Korea Freedom Federation) was built in Namsan. At that time, a 17-story free hall was built next to the five-story main building as an accommodation for foreign visitors. It was acquired by the International Tourism Organization in 1966 and renovated to open as the Tower Hotel in 1967, but it was sold immediately to Gongseong Industry in 1968.

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1970
Seoul
Westin Josun Hotel

The Korea International Tourism Organization, which took over the Chosun Hotel, finally demolished it to build a new hotel, and pushed for the reconstruction of a large-scale hotel. In 1970, it opened a new 19-story 504-room Chosun Hotel in cooperation with American Airlines of the USA, and affiliated with the global brand Westin in 1981, changing the name to Westin Josun Hotel.

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1973
Seoul
Lotte Hotel

In 1973, Lotte acquired Bando Hotel from the International Tourism Organization and also acquired the site of the adjacent National Library. After demolishing the existing buildings, the 38-story Lotte Hotel main building was built in 1979. The duty-free shop was added in 1980 and the new building was added in 1988 when the Olympics were held, and is currently operating as a 1,015-room super hotel.

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1978
Seoul
Grand Hyatt Seoul

President Park Chung-hee, who attended the completion ceremony of the Namsan Foreign Apartment in 1972, ordered the construction of a hotel in Namsan, and in 1973, the Seoul Miramar Tourism Company was established in a joint venture between Korea and Japan to promote the construction of the Namsan Hotel. Opened in 1978 as a 611-room Hyatt Regency Seoul, the hotel was changed to Grand Hyatt Seoul in 1993 after extensive remodeling.

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1979
Seoul
Shilla Hotel

The Park Chung-hee government built the Blue House Guest House in 1967 on the site in Jangchung-dong, where a temple dedicated to Hirobumi Ito was during the Japanese occupation. However, the Blue House handed it over to Samsung in 1973 when privatizing the hotels and built a new guesthouse within the Blue House. Samsung built the 464-room Shilla Hotel in 1979 next to the guesthouse acquired.

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Diversification

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Data Source

  • GDP: GDP, Current $US (World Bank Open Data)
  • Establishments: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Rooms: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Lodging GDP: Value Added by Industry (BEA), National Accounts (Cabinet Office), GDP of Indonesia (BPS), GDP & GNI by Sector (BOK), Economic Census (KOSIS)
  • Period: 2017-2021

※ In Korea, general & residential accommodations are included while rural & urban minbaks are excluded. Comparable countries are selected based upon availability of lodging GDP statistics for all types of accommodations.

Data Source

  • Population: Population, Total (World Bank Open Data)
  • GDP: GDP, Current $US (World Bank Open Data)
  • Rooms: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Lodging GDP: Value Added by Industry (BEA), National Accounts (Cabinet Office), GDP of Indonesia (BPS), GDP & GNI by Sector (BOK), Economic Census (KOSIS)
  • Period: 2017-2021

※ In Korea, general & residential accommodations are included while rural & urban minbaks are excluded. Comparable countries are selected based upon availability of lodging GDP statistics for all types of accommodations.

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Data Source

  • Korea: Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST)
  • USA: Census Database (STR)
  • Period: As at the end of 2021

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. Life cycle was calculated as of December 31, 2021 or actual closure date. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.

Data Source

  • Korea: Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST), Economic Census (KOSIS), Hotel Operating Statistics (KHA), DART (FSS), Trends Report (STR)
  • USA: Compendium of Tourism Statistics (UNWTO), Census Database (STR), Trends Report (STR)
  • Period: 2005-2021

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. Visibility was calculated as the number of establishments for which revenue data is available divided by the total number of establishments. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.

Data Source

  • Guests(Korea): Domestic Traveler Survey (MCST), International Traveler Survey (MCST), Hotel Operating Statistics (KHA)
  • Rooms(Korea): Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST)
  • Guests(USA): Compendium of Tourism Statistics (UNWTO), Trends Report (STR)
  • Rooms(USA): Compendium of Tourism Statistics (UNWTO), Census Database (STR)
  • Period: 2005-2020

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.