Leveraging ONDA's distribution channels and booking data to maximize hotel revenue
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ONDA Management Begins Operations at Hotel Cullinan Wangsimni — Expands Into Tourist Hotel Management
- ONDA Management takes over operations at Hotel Cullinan Wangsimni
- Will maximize hotel revenue using parent company ONDA's distribution channels and booking data
- Expands from residential accommodation management into tourist hotel operations
(Press Release — September 13, 2022) ONDA Management, a subsidiary of hospitality tech company ONDA, has begun operating Hotel Cullinan Wangsimni, expanding from residential accommodation management into tourist hotel operations.
On the 8th, ONDA Management (CEO Yoon Myung-ki), a hotel management specialist, announced it had signed an operating contract with Hotel Cullinan Wangsimni and began operations this month.
Opened in 2013, Hotel Cullinan Wangsimni is one of the area's leading properties. The hotel features 70 rooms across a structure spanning two basement levels and 10 above-ground floors, offering various amenities including valet parking, lobby lounge snack bar, and luggage storage.
Hotel Cullinan Wangsimni sits in the heart of northeastern Seoul, close to Cheonggyecheon, Hangang Park, and Seoul Forest — making it popular with international visitors. The hotel also benefits from proximity to Wangsimni Gopchang Street, Wangsimni Food Alley, and Wangsimni Travelers' Street, which draw steady domestic foot traffic. ONDA Management plans to maximize hotel revenue by leveraging parent company ONDA's database of over 500,000 rooms to set competitive pricing that appeals to travelers, and by utilizing a global distribution network spanning 40+ OTAs worldwide.
Through this operating contract finalized late last month, ONDA Management is expanding beyond residential accommodation into tourist hotel operations. The company also plans to launch a new brand by year-end, starting with a boutique hotel rebranding initiative targeting small and mid-sized tourist hotels. ONDA Management currently operates the SoTA Collection brand at locations including ▲SoTA Collection Yeosu and ▲SoTA Collection Osiria (Busan), and will introduce additional SOTA COLLECTION properties in partnership with Wassong, Gangwon-do's leading residential accommodation operator.
"We will operate Hotel Cullinan Wangsimni as the flagship hotel of this central Seoul district," said ONDA Management CEO Yoon Myung-ki. "ONDA Management will continue to demonstrate expertise not only in residential accommodation management but also in tourist hotel operations."
ONDA Management, a subsidiary of hospitality tech company ONDA, has built recognition across multiple domains including management of small and mid-sized hotels, boutique hotel rebranding, residential accommodation franchise operations (SoTA), and hotel development. <End>
