Baha Mar chairman and CEO Sarkis Izmirlian tried for over a decade to develop a resort on a 1,000 acre (405 hectare) parcel along Nassau's renowned Cable Beach.
And Empire Resorts recently obtained local approvals to develop a resort and slot parlor on the Concord site.
Named for the once-plentiful grayling, the city was settled in 1874 and developed first as a mill town for the surrounding white pine forests; the city's fortunes declined after the end of the timber boom, but after World War II Grayling began to develop as a resort for summer and winter sports.
While his visit is primarily humanitarian, the spokesman said Mr. Chung also plans to discuss with North Korean officials the potential for developing a resort that would cater to South Koreans visiting relatives there.
In 1994, Daniel Arnaud, a French hotelier looking to develop a beach resort in Vietnam, drove out from Saigon looking for an idyllic locale.
He also gained attention for buying the Concord Hotel in the Catskills in 1999, when he announced plans to develop a luxury resort there.
Later in the decade the first efforts to develop a ski resort began.
Squaw Valley Ski Resort, Squaw Valley, Calif., named MeringCarson, Sacramento, to develop a campaign for the coming ski season and the new resort partnership with Alpine Meadows.
At the same time, Blackpool was developing as a resort and for a few years visitors travelled by rail to Poulton and then on to Blackpool by horse-drawn charabancs or omnibuses.
