A 3-Story Hanok Hotel to Open in Mungyeong... Mungyeong City Signs 15 Billion KRW MOU with The One

Mungyeong City announced on the 24th that it has signed a Memorandum of Understanding (MOU) with The One Co., Ltd. for the construction of a Hanok hotel.

The MOU signing ceremony held on the 23rd was attended by Shin Hyun-guk, Mayor of Mungyeong, Hwang Jae-yong, Chairman of Mungyeong City Council, Lee Won-yong, CEO of The One Co., Ltd., as well as Jin Hoo-jin, member of Mungyeong City Council, Jang Nam-jong, CEO of Donghae Technology General Corporation, Jeon Woo-seok, CEO of Aki Urban Co., Ltd., Yoon Hyun-jung, CEO of iLab Media Co., Ltd., Kang Kyung-eok, Chief Operating Officer of Iro-um Co., Ltd., and about 20 representatives from partner companies.

CEO Lee Won-yong of The One (first on the right) is taking a photo with Mayor Shin Hyun-guk of Mungyeong (center) after signing the investment memorandum.

The One Co., Ltd. plans to invest 15 billion KRW in Sangcho-ri, Mungyeong-eup, Mungyeong City, to build a hotel with one basement floor and three above-ground floors. It will be developed as a complex experiential space combining traditional Hanok architecture with media art. The hotel will offer various facilities and content, including 56 guest rooms, a banquet hall, and a media art complex caf?, which is expected to positively impact the revitalization of Mungyeong Saejae tourism and the local economy.

Mayor Shin Hyun-guk expressed his gratitude, saying, “We appreciate The One’s intention to invest in our city with the idea of combining our unique traditional Hanok architectural style with modern media art sensibilities,” and added, “We will spare no support for this creative investment project that will lead tourism and the local economy of Mungyeong Saejae.”

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