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A 269-Room Hotel to Be Built In Osong
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According to Yonhap News,  

A 269-room hotel will be built in Osong-eup, Cheongwon-gun, north Chungcheong Province (Chungbuk), which will be the first hotel in the region.

Six healthcare-related national institutions including the Korea Food & Drug Administration are located in Osong.

In addition, Osong Bio Valley, which will include a new drug R&D center, a high-tech medical equipment R&D center, a trial test center and an animal laboratory, will be established in Osong by June 2013.

However, Osong doesn't have accommodation facilities which makes difficult for participants of the national institutions-led meetings to find places to stay. If established, the hotel is expected to address the problem.

Source Text

Source: Yonhap News (Oct. 18, 2012)

** This is the translation of a Korean article.