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Posted by Pakman27 pts Thursday, November 6, 2014

Junsu seeking investors to sell his shares in Toscana Hotel + plans to extend hotel business

Junsu (XIA)
On November 6, JYJ's Junsu announced his plans to sell shares for his Toscana Hotel located in Jeju Island.



The premium boutique hotel opened on September 25. A large and lavish establishment, the main building in the hotel covers 21,026 square meters (approx. 226,000 sq ft) and contains 61 guest rooms on four floors. From royal suites to pool villas, the luxury hotel has great accommodations.


After originally investing 28.5 billion won (approx. $26 million USD) into the hotel, Junsu expects to sell his shares for a hefty profit of around 50 billion won (approx. $46 million USD). He is currently in the process of contacting investors. In addition to the Toscana Hotel Jeju location, Junsu has announced that he will also be selling shares for an upcoming second hotel site that is 24,600 square meters (approx. 265,000 sq ft), indicating that he plans to extend the Toscana Hotel line.


Representatives of Toscana Hotel told Star News, "In order to fund the hotel's second location expenses, Junsu is selling his shares." They continued, "He plans to use the profit from shares sale for the construction of the second hotel.




  1. Junsu (XIA)
  2. TOSCANA HOTEL
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