YIDO Strengthens Brand Collaboration with Marriott International Secures Operating and Service Agreement for Moxy Hotel in Daegu
Collaborative Endeavor with Two Hotels, including Daegu Marriott
Signals Robust Advancement into Expansive Leisure Sectors, Embracing Golf, Entertainment, and Hotel Ventures
On the 1st, YIDO announced the signing of hotel management and service agreement with Marriott International for the Moxy Hotel in Daegu. Left Peter Gassner, Vice President of Development for Asia-Pacific at Marriott International, Choi Jung-Hun, CEO of YIDO.
On the 1st, YIDO announced the signing of hotel management and service agreement with Marriott International for the Moxy Hotel in Daegu.
The Moxy Hotel in Daegu, located adjacent to the East Daegu KTX, a key transportation hub for intercity travel, is set to open in 2027. Spanning from the underground 4th floor to the 18th floor, the hotel will boast approximately 190 rooms at the level of a 5-star hotel, along with various amenities such as accommodation facilities, restaurants, and neighborhood facilities.
With the introduction of the Moxy Hotel in Daegu, it is anticipated that the growing demand for accommodations from business and business-related visits in Daegu City and surrounding areas will be met.
The hotel is poised to address various customer needs related to a multitude of events and occasions. This contract marks the second business collaboration between YIDO, actively expanding its leisure business, and Marriott International, the world's leading hotel company, highlighting their commitment to mutual growth in the leisure sector.
YIDO Corporation, in its pursuit of collaboration, previously acquired the Daegu Marriott Hotel, which opened in June 2021, solidifying its ongoing partnership with Marriott.
Daegu Marriott stands as the first international 5-star hotel in the Daegu region, featuring a standalone Private Dining Room (PDR), a buffet restaurant equipped with various dining rooms, and banquet halls of different sizes.
The Chinese restaurant 'Dongmoon' is under the expertise of Head Chef Ga hwi Jin who has accumulated 20 years of experience, including roles at renowned establishments such as Palsun of The Shilla Seoul and Chee Hong of The Ritz-Carlton Hotel.
Marriott International, headquartered in Bethesda, Maryland, USA, operates 9,000 hotels in 138 countries, making it the world's leading hotel company with over 30 brands.
The signing ceremony on this day was attended by officials including Choi Jung-Hun, CEO of YIDO Corporation, and Peter Gassner, Vice President of Development for Asia-Pacific at Marriott International.
CEO Choi Jung-Hun stated, "As a company specializing in enhancing the value of leisure assets, we have been expanding our presence from golf and entertainment to hotels. Through this collaboration with Marriott, we not only aim to provide distinctive hotel services but also strengthen our capabilities in the leisure service sector."
강동현 기자 kang_donghyun@koreadaily.com
with the Korea JoongAng Daily
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