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Cho Bong-hyun, a South Korean analyst with the Industrial Bank of Korea, told neighborhood news network MBN, the investment proposition could be of interest to the United States. In 2016, Jeju set records with 15.9 million total visitors and three.six million overseas arrivals, 85% of them from mainland China. "We want to be the Marina Bay Sands of Jeju," Lotte Tour COO Lawrence Teo says , hoping to appeal to the Korean majority of Jeju guests who can't gamble. Its twin towers will host Asia's largest Grand Hyatt hotel with 1,600 rooms, Korea's largest pool deck and a top floor observation location with dining and nightlife. Standing 169 meters, 3 times Jeju's regular height limit, the towers will have unobstructed views of Mount Halla and the sea. All told, that should really quantity to three,000 jobs and, Lotte Tour says, the most significant source of taxes on Jeju. One particular of the important news when it comes to Grand Korea Leisure is the reduction of the size of its advertising team from China. Also, one-third of the company’s liaison offices in Japan have been laid off.

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