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SUMMIT HOTELS & RESORTS ADDS NEW KOREAN DESTINATION TO LUXURY PORTFOLIO

Travel News Asia Date: 26 September 2000

International luxury hotel group Summit Hotels & Resorts has added a second Korean destination to its portfolio with a new property, Lotte Hotel Cheju. This is Summits first hotel on the up-and-coming resort destination of Cheju island in southern Korea. Summit already has a city hotel in Korea: Hotel Lotte in the centre of the capital city, Seoul. The new addition brings Summits portfolio to over 155 independent premier-class hotels in more than 125 destinations worldwide. Summit Hotels & Resorts is owned by Pegasus Solutions (Nasdaq: PEGS).

Cheju, Koreas biggest island, is a popular tourist and honeymoon destination, and Hotel Lotte Cheju also offers specialised conference and incentive opportunities. Direct air routes to Cheju include seven weekly flights from Seouls Kimpo International Airport with Korean and Aseana Airlines and 11 flights weekly from Tokyo with Japan and Korean Airlines. Additional direct Japan-Cheju routes are operated from Osaka four times weekly and from Nagoya three time per week by Korean Airlines. Aseana Airlines also flies direct to Cheju five times weekly from Fukuoka.

Lotte Hotel Cheju has an established reputation as one of Koreas top resort hotels. It offers guests the opulence and splendour of a European palace matched by traditional Korean hospitality and service. Its 500 spacious guest rooms each have a balcony with magnificent sea views. 125 of the rooms are specially designed for families on vacation.

As well as its own casino, the hotels facilities include the grand outdoor pool, staging water dance spectaculars set to music. It also has an indoor pool, fitness club, tennis court and sauna, a range of leisure and sports programs and a family recreation centre. Three restaurants specialise respectively in Western, Japanese and traditional Korean cuisine. Outdoor activities on the island include horse riding, mountain climbing, golfing and relaxing at the beach.

Lotte Hotel Chejus conference facilities can accommodate groups from 80 up to 1,000 people for meeting or conferences. Its state-of-the art meeting equipment includes an infrared eight-language simultaneous translation system.

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