Kempinski Freezes ‘Hotel Of Doom’ Plans In North Korea

'Market Conditions' make Kempinski's involvement in Ryugyong Hotel impossible
March 28th, 2013
0

LONDON – Luxury hotel operators Kempinski have told NK NEWS that plans to open rooms at the 105 floor Ryugyong Hotel in Pyongyang have been put on hold because of “market conditions” in North Korea.

Kempinski stunned the world last November when Chief Executive Reto Wittwer revealed that the German brand would be opening 150

You have reached your limit of 5 free articles this month. Subscribe today for unlimited access. Prices start from just $2.88 per week
Existing users, please sign in here:

Remember Me

Recommended for You

What do defectors miss most their lives in North Korea?

What do defectors miss most their lives in North Korea?

Although many defectors feel they had no choice but to leave North Korea, it's important to remember that the DPRK was once the place they called home – in some cases for several decades or more. An…

April 18th, 2014
4
How an assertive Russia views the Korean Peninsula

How an assertive Russia views the Korean Peninsula

Russia and Ukraine may have reached a deal to calm tensions that capped by Moscow’s invasion of the Crimean Peninsula, but Russia's actions show what lengths it will go to defend its interest, even …

April 18th, 2014
1

About the Author

Chad O'Carroll

Chad O'Carroll founded NK News in 2010. He is based in Washington, D.C.

Join the discussion