Slowdown in growth at Kangwon Land “inevitable” during upgrade but improvement expected from 2028

Samsung Securities has forecast an "inevitable" slowdown in growth for South Korea's Kangwon Land during 2026 and 2027. This anticipated dip is attributed to ongoing facility upgrades and renovations planned for the resort.

Despite the short-term challenges, the securities firm expects Kangwon Land's performance to rebound and improve starting in 2028. This outlook suggests a strategic investment phase aimed at long-term enhancement of the integrated resort's offerings and competitiveness.

The analysis highlights the delicate balance between necessary infrastructure improvements and maintaining consistent revenue streams. Investors will be watching closely as Kangwon Land navigates this transitional period, focusing on its ability to emerge stronger post-renovation.