finance sustainability_index
  • Retail & Services
  • Hanwha Hotels & Resorts

    Hanwha Galleria

    Hanwha Connect

마우스 스크롤
  • Aerospace
  • Energy & Materials
  • Finance
  • Retail & Services
  • Hanwha Hotels & Resorts
  • Hanwha Galleria
  • Hanwha Connect
  • 2022 Total Sales
  • 570 In USD millions
  • 2022 Total Assets
  • 1,688 In USD millions

EXPERTISE

  • - Hospitality Division : Resorts, hotels, leisure
  • - Estate Division : Comprehensive real estate services

Hanwha Hotels & Resorts began operations in 1979 as the developer of South Korea’s first resort condominium project. Since then, we have grown into the nation’s premier leisure and service provider. Today, we are focusing business on the two pillars of hospitality and estate services, along with subsidiaries Aqua Planet, an aquarium business operator, The Tastable, a food and beverage service provider and Hanwha Next, an equestrian business operator.

  • hanwha_hotel_resort01 THE PLAZA
  • Our Hospitality Division owns South Korea’s largest condominium brands, including 10 resorts with 4,702 rooms as well as four hotels and three golf courses. We continually remodel resorts to strengthen our competitiveness. Geoje Belvedere, our resort launched in 2018 in Geoje, with a total of 470 rooms, is loved as South Korea’s classic luxury marine resort complex.

    THE PLAZA is a world–class luxury boutique hotel with 408 rooms, six restaurants and bars, nine convention halls, fitness center and spa. In 2020, we launched the premium resort hotel Yeosu BELLE MER, followed by Yangyang Breathe By MATIÈ in 2021. Yangyang Breathe By MATIÈ, in particular, is the first hotel in South Korea to combine the concept of surfing and healing. In July 2022, we launched a new lifestyle resort, MATIÈ Osiria in the Busan Osiria complex, which offers a unique sensibility. Featuring a new kind of relaxation and service in collaboration with local brands, and using digital transformational technology, we expect to launch ten or more MATIÈ franchised properties around the nation by 2030.

    In addition, we own and operate three premier golf courses in Seorak, Yongin and Jeju, totaling 63 golf holes. Each course boasts high–end facilities, services and unique characteristics in harmony with the natural environment, the mountains and the sea. We also operate Xystum flower shops, with the largest number of florists in the nation, along with theme parks such as Seorak Waterpia and Pororo Aqua Village, which attract family visitors.

    In the hospitality business, we are focused on developing a complex for leisure lifestyles and launching a new hotel brand. Building on our deep capabilities and expertise, we will expand our contract management services for golf courses and hotels. In addition, we are establishing a novel home interior ecosystem that bridges online and offline worlds. To achieve this, we plan to collaborate with proptech or property technology companies that can automatically convert 2D architectural blueprints into virtual 3D spaces.

  • hanwha_hotel_resort02 Yangyang Breathe By MATIÈ
    hanwha_hotel_resort03 Seorak Plaza Country Club
  • Our Estate Division has become one of the top 5 real estate asset management companies in South Korea by providing comprehensive real estate services. We offer real estate consulting, asset and facility operation management, construction and security solutions designed to increase the value of client assets.

    With efficient and stable operation and by managing 110 buildings around the nation, we are increasing the value of buildings and facilities, including office buildings, data centers, logistics warehouses, complex facilities, research centers and factories. Using our expertise in market trend prediction, analysis and strategies, we provide professional real estate consulting services for leasing, purchases and sales and investments. We are enhancing our competitiveness in other services that increase the value of real estate, such as interior design, new construction and extensions.

    Recently, we developed digital real estate management solutions for more specialized and advanced services. We also launched a new real estate brand, Allside, to provide more systematic real estate service. At the same time, we are diversifying our business areas by actively participating in development projects, such as multifunctional complexes in Seoul Station, Daejeon Station and Jamsil, and in indirect investment markets, such as real estate funds and REITs.

    To realize the goal of becoming “South Korea's leading real estate service company to create property innovation and value,” we will continue to grow steadily by focusing on high value businesses, such as real estate asset management, consulting and indirect investment.

  • 2022 Total Sales
  • 436 In USD millions
  • 2022 Total Assets
  • 1,571 In USD millions

EXPERTISE

  • Retail, fashion, Food & Beverage

Founded in 1976, Hanwha Galleria has specialized in retail services with a strong focus on department stores. Along with Galleria Luxury Hall, South Korea’s first and premier department store, we provide differentiated customer experiences via a network of department stores in local areas. We also operate other retail businesses, including global brand direct sourcing, retail sales of exclusive brands and Food & Beverage operations.

Currently, we have five stores in South Korea in the major cities of Seoul, Suwon (Gwanggyo), Cheonan, Daejeon and Jinju. Together, the Galleria department stores offer an unparalleled suite of upscale shopping experiences. Each carries distinctive brands and observes local fashion trends, while also offering a food culture sure to satisfy every discerning taste. All our stores have improved performance through unique luxury merchandising, unrivaled VIP marketing and premium branding, racking up record–high sales and operating profit in 2021 thanks to continuous efforts.

  • hanwha_galleria01 Galleria Luxury Hall
  • Our Galleria Luxury Hall in Seoul is South Korea’s preeminent department store, featuring the world’s leading luxury brands. In 2021, we achieved the world's highest–level sales per square meter, surpassing USD 874.13 million in annual sales. Galleria Gwanggyo, the largest of the five department stores operated by the Hanwha Galleria, represents a new concept in nature–friendly multicultural shopping complexes. Located in the metropolitan city of Daejeon, Galleria Timeworld specializes in luxury fashion brands from around the world and boasts the ultimate in customer convenience in addition to its reputation as the premier luxury shopping destination in the region. We also operate Centercity, an art and cultural center in central Korea, and Galleria Jinju, a premier department store in the western Gyeongnam area.

    Our fashion business mainly focuses on retailing exclusive brands and stores. We direct–source from global luxury fashion houses, such as Italy’s Stefano Ricci, US lifestyle retailer Fred Segal and luxury daily wear brand James Perse. Our collection of select premium brands and our ability to source the most exclusive fashion brands are unmatched in the markets in which we operate. That competitive advantage enables us to keep expanding our footprint. We also operate Korea’s high–end fashion boutiques, such as G . STREET 494 HOMME, making us a leading fashion company and consistently the first to introduce the latest international trends in our industry.

  • hanwha_galleria03 Galleria Gwanggyo
    hanwha_galleria04 Galleria Timeworld
  • Our F&B business continues to increase in brand value by promoting the GOURMET 494 brand. In February 2022, we refreshed Gourmet 494, which operated as a grocerant (grocery + restaurant) with the delicery concept, a combination of deli and grocery, once again pioneering food and beverage trends in the department store industry.

    In 2020, outside a department store, we launched the premium lifestyle platform Gourmet 494 Hannam in Nine One Hannam, a high–end residential complex, offering food and lifestyle contents carefully selected by Galleria. We are also collaborating with gourmet restaurants to develop a variety of GOURMET 494 private brand products made with carefully curated ingredients. Recognized for high quality, we are loved by our customers.

    Hanwha Galleria will continue to strengthen luxury brand merchandising, VIP marketing and premium branding, while actively promoting core competency, digital transformation and original content creation. We are leading the industry trends and providing differentiated customer experiences as the No. 1 premium content producer.

  • 2022 Total Sales
  • 118 In USD millions
  • 2022 Total Assets
  • 371 In USD millions

EXPERTISE

  • Real estate development, commercial facility operation

Hanwha Connect is the nation’s premier developer and manager of multifunctional commercial facilities. Since our 1987 founding, we have developed and operated building complexes in the centrally located Seoul Station and Cheongnyangni Station. We pioneered efficient development and operation of complexes with commercial environmental analysis, merchandising strategy and rental and facility management. In February 2022, we relaunched the company, changing our name from Hanwha Station Development to Hanwha Connect.

  • hanwha_connect01 Connect Place at Seoul Station complex
    hanwha_connect02 Connect Place at Cheongnyangni Station complex
  • Currently, we are leading retail and leisure trends by combining commercial complexes with private stations, as in the transit hubs Seoul Station and Cheongnyangni Station. We are generating stable profits with effective merchandising and efficient operations for commercial environments of privately funded stations that have many visitors.

    In April 2022, we launched our remodeled premium multifunctional complex in the Seoul Station, resulting in better differentiation as well as greater popularity and luxury. We also participated in developing complex commercial facilities near the Seoul Station and Daejeon Station to secure mid– to long–term growth engines.

    Hanwha Connect plans to expand business areas by developing new commercial facilities in Seoul center and the metropolitan area in addition to identifying opportunities that connect online and offline spaces. By leveraging our expertise and capabilities in business assessment, concept development, project financing, lease marketing, construction management and facility operation, we are fast becoming an industry–leading developer and manager of commercial complexes. We are creating central places for urban living and culture by offering new experiences that connect different cultures and businesses.