Josun Hotels & Resorts to Open Two Hotels in Seoul and Yeosu in 2027, Accelerating Expansion

Orakai Daehakro and Ramada Plaza Yeosu to undergo brand conversions
First entry into Honam region... 14-hotel portfolio targeted by 2030

Josun Hotels & Resorts is accelerating its hotel business expansion as it marks the 112th anniversary of its opening. In 2027, it will open two new hotels, one in Jongno, Seoul, and the other in Yeosu, South Jeolla Province, while continuing to invest in facilities at its existing flagship hotels. The company aims to operate 14 hotels in South Korea by 2030.

Josun Hotels & Resorts announced on November 2 that it will open a new hotel in Jongno-gu, Seoul, and another in Yeosu, South Jeolla Province, in the first half of 2027. Both properties will be converted to its brands after the company acquires the existing hotels.

The Seoul property is the 232-room Orakai Daehakro Hotel, whose acquisition was completed in June 2026. Renovation work to convert it to a new brand will begin in January 2027, with the hotel set to open in the first half of the year. Close to major tourist and cultural attractions such as Insadong, Gwanghwamun and Bukchon, it will target demand from both domestic and international visitors.

The Yeosu property is the 427-room Ramada Plaza by Wyndham Yeosu. The company completed the acquisition in October 2026 and plans to open the hotel in 2027 after converting it to its brand. The opening will mark Josun Hotels & Resorts' first entry into the Honam region. The hotel will target not only tourists but also demand for group and corporate events.

The company is also investing in strengthening the competitiveness of its existing hotels. At Josun Palace, it will convert part of the guest-room floors to create approximately 380 pyeong of new facilities. Plans include a luxury wellness spa, a high-end Japanese restaurant and a business lounge to serve guests seeking relaxation, fine dining and business amenities. Construction will begin in December 2026 and is scheduled for completion in the first half of 2027.

The Westin Josun Seoul has completed renovations to its suite rooms. It has unveiled a new 90-square-meter Premium Executive Suite and improved the bed configuration and in-room amenities in its Family Twin rooms to appeal to families. The Westin Josun Busan has completed renovations to its Grand Ballroom. By connecting the banquet space, which can accommodate up to 500 people, with an outdoor wedding venue, the hotel has strengthened its appeal for weddings and corporate events.

Choi Hoonhak, CEO of Josun Hotels & Resorts, said, "2027 will be a turning point as we begin opening new hotels in key locations across South Korea in earnest. We will strengthen our competitiveness by expanding our hotel portfolio and enhancing the guest experience at our flagship hotels."

This content was produced with the assistance of AI translation services.