Sunday, April 21, 2024

South Korean Airport Plans $3 Billion Casino Resort

Lee Chae Wook, courtesy Incheon International Airport

Bloomberg reports on Incheon International Airport’s plan to lure more Chinese travelers:

“A U.S. company has proposed building the development, which will include a hotel and convention center, Lee Chae Wook, chief executive officer of the state-owned airport company, said yesterday in an interview in Incheon. A deal will probably be signed by the end of June, with construction starting next year, he indicated, without naming the investor.

“‘We want to build a landmark near the airport that will resemble Singapore’s Marina Bay Sands,’ Lee said. ‘The investment will help attract more visitors from China and create more jobs.’

“Incheon Airport, 50 kilometers (31 miles) west of Seoul, also plans medical centers, malls and entertainment facilities as Asian nations compete for holidaymakers from China, the world’s fastest-growing air-travel market. The Marina Bay Sands, built by casino-operator Las Vegas Sands Corp., opened in 2010. Singapore is aiming to triple tourism revenue by 2015.” 


Related: Incheon Airport entertains travelers with cultural events 

Joe Kleiman
Joe Kleiman
Raised in San Diego on theme parks, zoos, and IMAX films, InPark's Senior Correspondent Joe Kleiman would expand his childhood loves into two decades as a projectionist and theater director within the giant screen industry. In addition to his work in commercial and museum operations, Joe has volunteered his time to animal husbandry at leading facilities in California and Texas and has played a leading management role for a number of performing arts companies. Joe previously served as News Editor and has remained a contributing author to InPark Magazine since 2011. HIs writing has also appeared in Sound & Communications, LF Examiner, Jim Hill Media, The Planetarian, Behind the Thrills, and MiceChat His blog, takes an unconventional look at the attractions industry. Follow on twitter @ThemesRenewed Joe lives in Sacramento, California with his wife, dog, and a ghost.

Related Articles

Latest Articles