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Mirae Asset to develop Honam region's first five-star JW Marriott hotel on Yeosu Gyeongdo

Mirae Asset Management said on Thursday it will develop a JW Marriott hotel on Gyeongdo in Yeosu, South Jeolla province, marking the first global five-star hotel brand in the Honam region. The company held a signing ceremony on Wednesday in Seoul for a management contract for the hotel site within the Yeosu Gyeongdo development area. Mirae Asset is investing about 1 trillion won in the broader development, targeting completion in 2029.