Nestled on the scenic Yeongjong Island, Inspire Entertainment Resort had a grand opening event to commemorate its formal inauguration. The occasion, which was attended by notable figures from Mohegan Gaming and Entertainment (MGE) and Korean government authorities, was a major turning point in the entertainment and hospitality industries.
Mohegan Gaming & Entertainment and Inspire Resort signed a long-term, strategic agreement at the grand opening event. The Mohegan Tribe and MGE Management Board Chairman, James Gessner Jr., emphasized the common goals and objectives that drove this partnership. He stated, “This endeavor has been a journey of shared visions and aspirations between the Mohegan Tribe and the Republic of Korea.”
Inspire Resort, a wholly-owned subsidiary of MGE, envisions a transformative journey with multiple phases slated for completion until 2046. The resort’s first phase, boasting an investment of nearly 2 trillion won ($1.6 billion), is poised to generate significant economic opportunities and job creation, with an estimated 3,000 to 4,000 jobs expected upon full operation.
Multifaceted Offerings
The resort’s first phase will feature a number of top-notch features, such as three opulent five-star hotel towers, a cutting-edge live performance arena, and substantial MICE facilities. With its year-round indoor water park, foreigner-only casino, and immersive digital entertainment strip, Inspire Resort seeks to revolutionize the Korean hotel industry.
With the opening of outdoor entertainment parks, immersive content exhibition centers, and kid-friendly indoor playgrounds under Phase 1B, Inspire Resort looks forward to future growth. Chen Si, the resort’s president, urged stakeholders to continue their support as he expressed confidence in the resort’s potential to become a popular travel destination worldwide.
Mohegan Gaming and Entertainment’s partnership with Korean partners represents a peaceful fusion of cultures and goals. The joint venture’s economic significance was emphasized by Ambassador Philip S. Goldberg, who also emphasized how it would help to improve bilateral ties between the US and Korea.
Owing to its ideal location close to Incheon International Airport, Inspire Resort is well-positioned to draw a varied stream of guests from nearby cities and beyond. CEO of Incheon International Airport Corporation Lee Hag-Jae highlighted the promising future of inbound travel, noting a consistent increase in visitor numbers in spite of the pandemic’s difficulties.
Since its soft opening in November, Inspire Resort has garnered significant attention, welcoming over 10,000 visitors daily. With its expansive multipurpose hall, Inspire Arena, poised to host a myriad of cultural and entertainment events, the resort is poised to become a quintessential tourist destination in Korea.
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