He had finished building his hotel in September 2014, making the Jeju Toscana Hotel. However, not even 3 years after, he has turned his hotel to a real estate for 24 billion KRW (approximately 21 million USD). This gives him about 3 billion KRW profit (approximately 2.6 million USD). While he is leaving with a profit, the employees of the hotel have a very uncertain future. One told Dispatch, "The mistrust between the hotel and the employees were very large. They didn't tell us about the sales for over a month."
Junsu's hotel was run by family: his father was the chairman, his brother the CEO, his cousin the head of business administration, and his aunt the general manager. Junsu also used his personal bank account - meaning all profits were input directly into Junsu's bank. The following image shows the name employee list, as well as Junsu's personal bank being used directly for hotel deposits.
Perhaps because the hotel was family run, all the employees had problems with their salary every month. One employee told Dispatch, "We never got paid on time. It was always more than 20 days late. I lived on card loans, and then had to pay that off with my [late] salary. Since I had to live on card loans, my credit score lowered, and I can't even think about taking loans. Even my insurance got pushed back. An employee even got rejected from the bank on his housing loan."
The following image shows the days salary was input late since December 2015. A KakaoTalk message to employees from the hotel in December 2016 reads, "*Notice* Hello. We are always thankful for all the employees' hard work. We write today because the hotel's financial situation is slightly difficult, so salary will be paid late. Please take this into note. The executive staff will do our best to make the payments as fast as possible."
An employee told Dispatch, "We only heard about the hotel being sold on the 7th. Most of the employees didn't know about the sale for a month." The reason why employees are so worried is because of employee buyout issues, which will decide their livelyhood. The hotel has made no comments to the employees about anything on their jobs. It is also not registered for a retirement pension. Another employee said, "One retiree couldn't get his pension for over 6 months. He only got it after he said he was going to report it to the Ministry of Labor."
When C-JeS Entertainment was contacted, they said, "It is Junsu's personal business, but he is not part of the hotel management. Ask the hotel for more details." However, Junsu is listed as one of the executive staff. There was no comment about the issue.