Millennium Hilton Seoul

The Millennium Hilton Seoul was a luxury hotel in Seoul, part of Hilton Hotels & Resorts. It opened in 1983 as the Seoul Hilton and was located at 50 Sowol-ro, Jung-gu, in the central business and shopping district in downtown Seoul.[1]

History

Its opening in 1983 marked Hilton being one of the first international hotel brands to enter South Korea.[2] The hotel was originally owned by Daewoo Group, which sold it to City Developments Limited in 1999.[3] In December 2021, City Developments announced plans to sell the hotel and adjacent land to IGIS Asset Management, a Korean real estate firm, for 1.1 trillion won ($934 million).[4]

The Millennium Seoul Hilton was listed in the Forbes Travel Guide.[5]

The hotel closed on December 31, 2022 for demolition and redevelopment, and ceased to be affiliated with the Hilton brand.[6]

Following the hotel's closure, Hyundai Engineering & Construction was contracted to redevelop the site into a high-end mixed-use complex.[7]

References

  1. Millennium Hilton Seoul Hilton, retrieved 2020-08-14^
  2. Hilton Announces Partnership with INSPIRE Entertainment Resort in South Korea Stories From Hilton - APAC, 2025-10-01, retrieved 2026-04-16^
  3. CDL to sell 5-star hotel Millennium Hilton Seoul, adjoining land for $1.26b, shares jump The Straits Times, 13 December 2021, retrieved 19 December 2021^
  4. Jonathan Burgos. Singapore Billionaire Kwek Leng Beng's City Developments To Sell Seoul Hilton For $934 Million Forbes, retrieved 19 December 2021^
  5. Forbes Travel Guide - Millennium Seoul Hilton^
  6. Hilton Seoul to close business for a redevelopment project^
  7. Hyundai E&C to convert Seoul's Millennium Hilton into six-star hotel complex koreajoongangdaily.joins.com, 2025-02-13, retrieved 2025-05-26^