Leveraging ONDA's distribution channels and booking data to maximize hotel revenue
ONDA Management Acquires Hotel Cullinan Konkuk — Digital Hotel Transformation Kicks Off
- ONDA Management closes acquisition of Hotel Cullinan Konkuk
- Revenue optimization powered by ONDA's distribution channels and booking intelligence
- Expanding into full-service hotel operations
(Press release — October 6, 2022) ONDA Management, a subsidiary of hospitality tech company ONDA, has closed its first hotel acquisition and launched full-scale digital transformation.
ONDA Management (CEO Yoon Myung-gi), a hotel management specialist, announced it acquired Hotel Cullinan Konkuk and began direct operations on October 1.
Following last month's launch of Hotel Cullinan Wangsimni, this acquisition marks ONDA Management's expansion from residential lodging into tourist hotels and beyond.
Opened in 2013, Hotel Cullinan Konkuk is a quality tourist hotel featuring 60 rooms with in-room spa facilities and coffee makers in a cozy atmosphere. Guests enjoy 24-hour room service, express check-in/check-out, and other convenience amenities. Post-renovation plans include Netflix in every room, couple PC rooms, and upgraded facilities across the board.
The hotel sits on Dongil-ro, a six-lane thoroughfare extending from Yeongdong Bridge, with excellent visibility and easy access to Gangnam. It's walking distance from Eorini Daegongwon Station (Line 7), earning high marks for public transit access. The location is close to Sejong University, Konkuk University, and Hanyang University, plus Lotte Department Store Star City and Star City Mall are just one subway stop away — strong demand drivers from both university visitors and tourists hitting Seoul landmarks.
Hotel Cullinan Konkuk will be directly operated by ONDA Management (OMG), which will apply aggressive digital transformation (DX) to deliver differentiated guest experiences. In close partnership with parent company ONDA, the property will serve as a model case for digital transformation in the hotel industry.
"As our first hotel acquisition, we feel a deep sense of responsibility," said CEO Yoon Myung-gi. "We're committed to making Hotel Cullinan Konkuk a place where both guests and staff thrive through digital transformation."
ONDA Management is a subsidiary of hospitality tech company ONDA, recognized for its expertise across hotel management, boutique hotel rebranding, residential lodging franchises (SoTA, etc.), and hotel development. <End>
