Mastin Investment Management announced it has acquired the Four Points by Sheraton Seoul Guro, a four-star hotel located in Guro District, Seoul. The hotel was purchased for approximately 859 billion won from a fund managed by Mirae Asset Management.
The Four Points by Sheraton Seoul Guro features 201 guest rooms and spans 18,500 square meters across 15 floors above ground and four basement levels. Originally opened in 2010, the hotel underwent renovations and reopened in 2019 under the Four Points by Sheraton brand, part of Marriott International.
Conveniently located near Guro Digital Complex subway station on Line 2, the hotel offers easy access to major business districts such as Yeouido and Gangnam. It is also well-positioned for tourists, with quick transport links to popular attractions in Myeongdong and Hongdae, making it suitable for both business and leisure travelers.
The hotel is situated in the heart of the G-Valley, which includes the Guro Digital Complex and the Geumcheon Digital Complex, promising a stable demand from businesses. G-Valley is home to approximately 14,000 companies and over 140,000 workers.
Amenities at the hotel include a restaurant, café, bar, fitness center, and business corner. It also features a banquet hall of about 400 square meters and several meeting rooms, catering to corporate events and conferences.
Park Hyung-seok, CEO of Mastin Investment Management, stated, "With the recent recovery in global tourism demand, interest in hotel assets is increasing. We will strive to generate stable returns through selective investments in competitive hotel properties."
* This article has been translated by AI.
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