Jeju Dream Tower gambles on ‘Korean lifestyle’

Korea’s Lotte Tour is building a US$1.4 billion iconic urban integrated resort highlighting “modern Korean lifestyle” on Jeju island, just 10 minutes from the airport, offering visa-free entry for mainland Chinese. The trick is to get Jeju’s vast majority of Korean visitors, barred from the casino, to become customers of the 38 story twin towers featuring Asia’s largest Grand Hyatt and Korea’s largest pool deck.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.