World Leisure Jobs - Legoland Korea given green light after funding agreement...
27 Apr 2024 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

09 Jan 2019

Legoland Korea given green light after funding agreement
BY Andy Knaggs

Legoland Korea will be situated on Hajungdo Island, Chuncheon, to the east of Seoul

Legoland Korea will be situated on Hajungdo Island, Chuncheon, to the east of Seoul
photo: Merlin Entertainments

Merlin Entertainments is set to open its first Legoland theme park in South Korea, having entered into a partnership agreement that will draw significant local government funding and infrastructure support.

Scheduled to open in 2022, Legoland Korea will be Merlin’s tenth Legoland Park, following the launch of its New York park in 2020. The company believes there remains huge potential for further growth of the brand and reports that it's in advanced discussions regarding a number of sites for Legoland Parks in China, with opportunity for another 20 parks around the world.

The new park is to be situated upon the island of Hajungdo in Chuncheon, Gangwon Province – one hour’s journey to the east of the capital Seoul, and within a 2-hour drive of nearly 24 million people. The Korean Government, Gangwon Province and Chuncheon City have already invested in the construction of a new bridge to the island, and have undertaken groundworks on the site.

Legoland Korea will employ 1,600 people and will be fully owned and operated by Merlin. The resort will include a fully themed Legoland Hotel, and further retail and leisure offerings are planned as part of the island’s overall development.

The total cost of the resort is expected to be W290bn (US$258m, €226m £203m). Merlin Entertainments is to invest W210bn (US$187m, €163m, £147m) into the project, with the remainder being provided by LL Developments, which is the investment arm of Gangwon Province. Funding for additional infrastructure adjacent to the resort will be provided by national, regional and local governments.

Nick Varney, Merlin’s chief executive officer, said: "It’s been long in gestation, but I’m delighted that we are now in a position to move forward with opening Legoland Korea Resort. We know Koreans love theme parks and love Lego, and together with the Gangwon authorities, we have already established an attractive and well-connected site in Chuncheon.

"We remain excited about the potential of Legoland Parks, the rollout of which is a strategic growth driver for Merlin, and we continue to look at opportunities for further sites around the world."

The Lego brand was introduced to South Korea in 1984 and is a market leader in the territory. South Korea is Lego Group’s third largest market in Asia Pacific.



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Efteling to convert steam trains to electric as part of green drive
Efteling to convert steam trains to electric as part of green drive   27 Apr 2024

As part of its drive to become carbon neutral by 2030 and carbon positive by 2032, Dutch theme park Efteling has announced plans to convert its steam .... more>>
Basic-Fit hints Spanish Holmes Place clubs might be sold
Basic-Fit hints Spanish Holmes Place clubs might be sold   26 Apr 2024

There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. In the Q1 .... more>>
Kerzner to expand Siro portfolio with recovery-focused hotels in Los Cabos and Riyadh
Kerzner to expand Siro portfolio with recovery-focused hotels in Los Cabos and Riyadh   25 Apr 2024

Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro .... more>>
US spa industry hits record-breaking US$21.3 billion in revenue in 2023
US spa industry hits record-breaking US$21.3 billion in revenue in 2023   24 Apr 2024

The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in .... more>>
Company profile


iPlayCO

iPlayCo was established in 1999.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Discover how to prepare your spa or wellness facility for the influx of international guests and meet global standards as tourism in Saudi Arabia surges. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



World Leisure jobs




Leisure Centre Duty Manager
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK
Company: Uppingham School
Leisure Supervisor (Development)
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK
Company: City University of London
Fitness Motivator and Personal Trainer
Location: Market Rasen
Company: Everyone Active
Recreation Assistant (Dry Site)
Salary: Competitive
Location: Market Rasen
Company: Everyone Active
Diary dates
Powered by leisurediary.com

28-30 Apr 2024

Spa Life Scotland

Radisson Blu Hotel, Glasgow,


08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy







Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd