Kempinski Freezes ‘Hotel Of Doom’ Plans In North Korea

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

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About the Author

Chad O'Carroll

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

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