Oakwood will manage the 250-key Oakwood Hotel Cheongju that is set to open in the capital of North Chungcheong province come 2026, a win that will deepen the brand’s footprint in South Korea to three properties.
Set within the Cheongju Millennium Town landmark, Oakwood Hotel Cheongju will comprise 150 hotel rooms and 100 apartments.
The expansion to this region, where the Cheongju Industrial Complex for the semiconductor, biotech and pharmaceutical sectors, as well as the Cheongju Aeropolis aerospace cluster and other key industries are based, “represents a strategic advancement for Oakwood in an emerging market for global hospitality brands”, noted Dean Schreiber, CEO of Oakwood.
Served by Cheongju International Airport’s high connectivity, the city is also a famous hub for academic institutions and universities, along with the Korea Air Force Academy and Korea National University of Education.
Popular for its numerous hiking, trail racing and mountain biking routes, the destination features myriad attractions such as the ancient Sangdang Mountain Fortress, Cheongju National Museum, Heungdeoksa Temple, the National Museum of Modern and Contemporary Art, and the historic Chojeong Haenggung palace.