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Hanwha Hotels purchases financially distressed Mount Bukhan resort, intending to convert it into a luxury accommodation.

Luxury hotel chain Hanwha Hotels & Resorts has purchased a financially struggling five-star resort, previously burdened with a debt of 390 billion won ($282 million), intending to transform it into one of their high-end hotel properties, as declared on Thursday.

Hanwha Hotels acquires financially troubled Mount Bukhan resort with plans to turn it into a luxury...
Hanwha Hotels acquires financially troubled Mount Bukhan resort with plans to turn it into a luxury accommodation.

Hanwha Hotels purchases financially distressed Mount Bukhan resort, intending to convert it into a luxury accommodation.

In the heart of Gangbuk District, northern Seoul, lies the Anton Resort, a five-star retreat that has recently been acquired by Hanwha Hotels & Resorts. Previously known as Paraspara, this resort now adds a touch of luxury to Hanwha Hotels' existing portfolio, which includes properties in Seoul and tourist hotspots like Jeju Island.

The acquisition was led by Kim Dong-seon, vice president of Hanwha Galleria and Hanwha Hotels & Resorts, and son of the Hanwha Group chairman. The purchase was strategic, aiming to expand the company's offerings in the luxury resort sector.

Upon visiting the Anton Resort, guests will find a modal window that serves as a central hub for various features. This window, free from advertisements, offers three audio options: audio_0, audio_1, and audio_2, with audio_2 being the default selection. The captions for these audio options can be accessed, although they are off by default.

The modal window is user-friendly, allowing guests to easily close it by escaping. It also provides captions settings for those who prefer to have subtitles while enjoying their multimedia content.

The Anton Resort, with its new ownership, promises to deliver an unparalleled hospitality experience, blending luxury and comfort in the vibrant city of Seoul.

The acquisition of Anton Resort by Hanwha Hotels & Resorts marks an expansion in the luxury resort sector for the Hanwha Group, a move that aligns with their broader business objectives in both the hotel industry and lifestyle market. As travelers explore the offerings of Gangbuk District and beyond, the upgraded Anton Resort promises to offer an exceptional entertainment experience, setting new standards for luxury hospitality in Seoul.

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