MHG signs second Avani Hotel in Busan, South Korea

Minor Hotels Group has signed a second Avani hotel in South Korea.

Now in the final stages of development and scheduled to open in the first quarter of 2019, the 289-key Avani Central Busan Hotel is located in the Munhyeon Finance Complex that includes the tallest building in Busan known as the Busan International Finance Centre (BIFC).

The hotel is a part of a 37-story twin-tower mixed-use complex that includes offices, residences, a retail mall, and the largest theatre (1,800  seats) in Busan capable of hosting international stage productions. The complex has a direct connection to the Busan subway system, is a 15-minute drive to Korea’s bullet train KTX stop and international cruise terminal and a 30-minute drive from Busan’s Gimhae International Airport.

The Avani Central Busan Hotel is also just a 15-minute drive to the most popular beach in Korea, Haewoondae Beach, and to the Busan Exhibition & Convention Centre, where the Busan International Film Festival is hosted each year.

“To have a second hotel in this major South Korean city is a thrill for us,” said Dillip Rajakarier, CEO Minor Hotels Group, the owning company of Avani Hotels & Resorts. “Avani Central Busan Hotel is located in a key area that continues to grow, drawing both business and leisure travellers into visiting Busan.”

Avani Central Busan Hotel joins the Avani Busan Hotel, which was signed last year and is scheduled to open in 2021.