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1962: The International Tourism Corporation (ITC) is established to promote South Korea’s tourism industry through the management of major hotels, taxis and the Korea Travel Bureau, as well as by training human resources to support the travel trade. 1968: The number of foreign visitors passes 100,000. 1969: The Hotel Institute is opened.
The company commenced operations with the opening of The Halkin hotel in London, England in 1991. [6] This was followed by the opening of Parrot Cay resort in Turks and Caicos in 1998, and the Cocoa Island resort in the Maldives in 2002. In 2004, the company acquired and assumed management over the Begawan Giri Estate in Ubud, Bali.
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In 2007, UOL Group Limited acquired Pan Pacific Hotels and Resorts from Tokyu, and renamed it to Pan Pacific Hotels Group. In 2007, Pan Pacific Hotels and Resorts became a founding member of the Global Hotel Alliance , the world's largest alliance of independent hotel brands comprising more than 30 member brands with over 550 upscale and luxury ...
Hotel Shilla started operations in March 1979 at the direction of Lee Byung-chul, founder of the Samsung Group. Before 1979, it was the state guest house of South Korea under the Park Chung Hee government. Now, it has been expanding into the commissioned management of fitness facilities as well as into the restaurant business.
Lotte Group was originally established in Japan and expanded into South Korea with the establishment of Lotte Confectionery Co., Ltd in 1967. Lotte Group consists of over 60 business units in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment.
Busan is the second largest city in South Korea. It is located in the southeastern coast in Korea, so Busan has abundant tourist attractions such as beach and hot spring. People in South Korea visit beaches in Busan in hot summer. Also, there are various festivals in Busan. 11 festivals are held annually, including local festivals and art events.
The Shangri-La Hotel Singapore was managed by Westin Hotels & Resorts, until Shangri-La International Hotel Management Limited was founded in 1979, and management of the Singapore Shangri-La was taken back over from Westin in 1984. However, it would not be until 1991 that Shangri-La assumed control of the rest of the hotels. [6]