The Millennium Seoul Hilton was founded on December 14, 1997 by the hotel commission processing agreement between Daewoo International's affiliate company, Dongwoo Development Co., Ltd. and Hilton International. The enchanting hotel, whose construction work began in March of 1979, made its grand opening on December 7, 1983. The hotel now stands facing Mt. Namsan's breathtaking views throughout the four seasons. In April of 1995, more than 10 years after the hotel's opening, Dongwoo Development changed its name to Daewoo Development. On December 1, 1999, the ownership of Millennium Seoul Hilton was transferred to CDL Hotels Korea Ltd., the Korean subsidiary of the Singapore-based investment company, City Development Limited (CDL). In 1995, Millennium & Copthorne Hotels successfully launched its testimonial Singapore's Hong Leong Group hotel in London, then in the following year, opened 91 hotels in 16 countries all over the world. Their illustrious 4 and 5 star hotels possess renowned geographical characteristics that provide a perfect balance between business and pleasure for their guests.