Ramada Plaza Jeju Hotel

Name

Ramada Plaza Jeju Hotel

Legal name

The-K제주호텔(주)

Website

https://ramadajeju.co.kr

Company type

Private

Founded year

2001

Operating status

Closed

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Hotel Accommodation

NAICS

Hotels (except Casino Hotels) and Motels (721110), Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Beachfront & Island Luxury Resorts (THAGACAA)

Keywords

• Hotel accommodation
• Beachfront lodging
• Resort rooms
• Leisure hospitality
• Guest room stays

Headquarters

HQ city

Jeju City

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Hotel room bookings: The primary revenue stream comes from guest room bookings. Room rates vary by room type (Standard, Superior, Deluxe, Family) and season. The hotel offers various room categories including Ocean View rooms, Harbor View Family Twin Rooms, Ondol rooms, and Premier rooms. Additional revenue likely comes from hotel amenities, dining, and event facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Ramada Plaza Jeju Hotel is a 5-star beachfront hotel in Tapdong, Jeju City, South Korea, offering approximately 380-400 guest rooms across multiple categories including Standard, Superior, Deluxe, Premier, and Family Twin configurations, with ocean and harbor view options. The property is designed in a luxury cruise-ship motif and operates as Korea's first beachfront hotel, located 5 km from Jeju International Airport and adjacent to the Tapdong Promenade. The hotel ceased operations on December 31, 2024, and is undergoing full remodeling to reopen as Sheraton Jeju Hotel in June 2026.

Product overview

Ramada Plaza Jeju Hotel is a single 5-star beachfront hotel property offering multiple room categories (Standard, Superior, Deluxe, Premier, Family Twin) with ocean and harbor views. The hotel operates as a standalone property with no modular product architecture. Future plans include rebranding to Sheraton Jeju Hotel in 2026 following major renovation.

Differentiator

Problem solved

Functional benefit

Products and services

• Ramada Plaza Jeju Hotel Accommodation A 5-star beachfront hotel at Tapdong, Jeju City, with approximately 380-400 modern rooms, cruise-ship motif, ocean and harbor views, and proximity to Jeju International Airport and Jeju Port. Targeted at leisure travelers, families, couples, and Korean Teachers' Credit Union members.
• Standard Room

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Sheraton (Marriott International)coreOEM/ Whitelabel/ Licensing Partner · 28 November 2024On November 28, 2024, the hotel held a franchise signing ceremony for Sheraton, marking Jeju's first Sheraton brand presence. The hotel will undergo complete remodeling from January 2025 to May 2026, with reopening as Sheraton Jeju Hotel planned for June 2026.
• Ramada International (Marriott subsidiary)coreOEM/ Whitelabel/ Licensing Partner · 1 October 2002Following 1.5 years of negotiation, the hotel signed a franchise agreement with Ramada International, a subsidiary of Marriott International, in October 2002. The hotel operated under the Ramada Plaza brand as part of this franchise arrangement until operations ceased in January 2025.

Scale indicators4 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Shilla Jeju: Shilla Jeju is a luxury 5-star resort operated by Hotel Shilla (Korean duty-free and hotel group) in Jeju City, offering comparable premium beachfront/grounds accommodations, multiple room categories, and F&B outlets for leisure tourists — directly competing for the same Korean and East Asian leisure traveler base as Ramada Plaza/Sheraton Jeju.
• Grand Hyatt Jeju: Grand Hyatt Jeju is a newly opened luxury 5-star resort on Jeju Island operated under the Hyatt umbrella, offering ~1,600 rooms and extensive leisure/convention facilities. It represents a major new global-flag competitor to the future Sheraton Jeju in the premium segment.
• Best Western Premier Jeju: Best Western Premier Jeju is an internationally-franchised full-service hotel in Jeju, offering premium accommodations to domestic and inbound tourists. It competes directly in the upscale-but-non-luxury segment of the Jeju market alongside Ramada Plaza/Sheraton Jeju.
• Hotel Toscana Jeju: Hotel Toscana Jeju is a themed 4-5 star resort property in Jeju offering family-oriented leisure accommodations and water park amenities. It competes with Ramada Plaza Jeju's family-twin room category for family leisure demand.
• Maison Glad Jeju: Maison Glad Jeju is a 5-star full-service hotel in downtown Jeju City operated by Maison Glad (a Korean hotel chain), targeting both leisure and business travelers with multiple room types. It competes directly with Ramada Plaza/Sheraton Jeju for central Jeju City stays near the airport and port.
• Hotel Regent Marine The Blue: Hotel Regent Marine The Blue is a 4-5 star beachfront hotel near Tapdong in Jeju City, operated under the Regent Hotels brand. Its proximity to Ramada Plaza Jeju's Tapdong location makes it a direct neighborhood competitor for the same beachfront leisure demand.
• Jeju Sun Hotel & Casino: Jeju Sun Hotel & Casino is a 5-star beachfront resort in downtown Jeju offering ~429 rooms with ocean views and an integrated casino. Its similar location and room scale to Ramada Plaza Jeju make it a direct competitor for leisure and gaming-adjacent travelers.
• Lotte Hotel Jeju: Lotte Hotel Jeju is a large-scale 5-star resort in Jeju operated by Lotte Hotels & Resorts, offering ~500 rooms with ocean views, family facilities, and casino amenities. It is one of the primary luxury competitors for premium leisure demand in Jeju Island.

Regional players

• Paradise Hotel & Resort Busan: Paradise Hotel Busan is a Korean luxury beachfront hotel with an integrated casino, operated under the Paradise Group brand. While geographically separate (Busan vs. Jeju), it competes with Sheraton Jeju for high-end Korean domestic leisure and casino-adjacent demand in a similar full-service, family-friendly luxury format.

Broad incumbents

• Marriott International: Marriott International is the parent franchisor of both Ramada (subsidiary) and Sheraton, and through Bonvoy distribution and global brand standards sets the operational parameters for Sheraton Jeju Hotel. It is not a property peer but is the brand owner and distribution counterparty governing the franchise relationship.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ramada-plaza-jeju-hotel

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ramada Plaza Jeju Hotel