February 22, 2020

Luxury Hotel Building Boom In Pyongyang Continues
Reports show a new luxury class hotel being built next to the Koryo Hotel in downtown Pyongyang.
Reports are circulating that a new luxury class hotel / casino is under construction in Pyongyang, seemingly as part of a China backed plan to boost North Korean de-luxe hotel capacity.The news comes just months after luxury hotel group Kempinski revealed that they would be opening rooms at Pyongyang's iconic, pyramid shaped "Ryugyong Hotel".

Chosun Exchange’s Geoffrey K. See