Intercontinental Seoul Grand Parnas To Close Effective January 1, 2020 For (At Least) One Full Year Of Renovation

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As I was informed this week, the Intercontinental Seoul Grand Parnas will close it’s doors effective January 1, 2020 for at least one year of extensive renovations to the property.

The property which is adjacent to the COEX and attached to the Parnas Mall is a Seoul hallmark and popular with IHG members for it’s affordable redemption level (40k points per night).

IHG has two Intercontinental properties in close proximity to each other: The IC Grand Parnas next to the Hyundai Department Store and Parnas Mall as well as the IC Coex attached to the convention center up on Bongeunsa-ro.

The Guest Relations Manager of the IC Grand Parnas informed me when checking in this week that the hotel will unfortunately be closing it’s doors for at least a year coming January 1st.

I’ve always stayed at this hotel as my preferred property in the Coex area as the Park Hyatt next door surged in price over the years and I somehow really didn’t like the IC Coex up the road which has a lot to do with the color scheme they use in their rooms.

The last day that is currently bookable for guests is December 30-31 of 2019:

While officially still open, the 31st of December if sold out at this moment which doesn’t come as a surprise at the intersection of Teheran-ro in front of the hotel is a popular New Years Eve countdown spot in Seoul with a party each year.

Starting January 1st 2020 the hotel will then shut down:

This comes after years of patchwork during which the property has tried to upkeep the property as good as possible but I can imagine that it eventually became too difficult and costly to even take care of all the cosmetic issues, let alone what the guest doesn’t see behind the scenes.

The bathrooms also look like they’ve fallen out of time with their 1980s decor/fixtures used. In short: It’s really time for this hotel to get a comprehensive renovation.

It’s popular to stay here and use IHG Rewards points or certificates, especially since Chase capped the certificates for IHG card members to the 40k level which makes it hard to find adequate properties to use them at.


I’m sad to see the Grand Parnas close as I’ve always been treated well here and their lounge is solid. In fact I have paid for their lounge on several occasions and found it to be worthwhile with a good cocktail hour that provided ample hot dishes and a nice breakfast.

Sometimes we have to let hotels go for a while so that they can be up to par again following their renovation. As far as the Grand Parnas is concerned I’m not surprised about the long closure period as work will be extensive and the hotel is located in a high traffic business area of Seoul in the middle of two shopping malls. To get work done there efficiently will be a difficult task.