Lotte World Adventure, a privately owned company based in South Korea, was founded in 1989 and employs approximately 30 individuals. The company operates an entertainment resort in Seoul, South Korea, which includes one of the world's largest indoor theme parks, an outdoor amusement park known as Magic Island, an artificial island within a lake, a luxury hotel, shopping malls, a Korean folk museum, sports facilities, and movie theaters. It is operated by the Lotte Group.