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Yongpyong (Dragon Valley) Ski Resort is a ski resort in South Korea, located in Daegwallyeong-myeon, Pyeongchang, Gangwon Province. It is the largest ski and snowboard resort in Korea, and offers golf in the summer months.
A 1949 news article covered a ski slope in Daegwallyeong, which had only the ski slope at that time. Yongpyong's first ski lift was built in 1975. In 1981, a Korean company called Ssangyong Engineering & Construction Co., Ltd bought the owner(유국개발) of Yongpyong Resort, and in turn obtained the resort. SsangYong began to experience financial difficulties from the 1997 Asian financial crisis. In 2003, Segye Ilbo, which is owned by the Unification Church, bought Yongpyong Resort.
Yongpyong is currently owned by the Unification Church (the Holy Spirit Association for the Unification of World Christianity), a new religious movement founded by Sun Myung Moon, through the Tongil Group. Yongpyeong-myeon, a nearby township (myeon), is not related to the resort.
The ski season runs from November to early April. It has 31 slopes such as Yellow, Mega Green, Pink, Red, New Red, Blue, Red Paradise, Silver, Silver Paradise, Gold Valley, Gold Fantastic, Gold Paradise, New Gold, Rainbows 1,2,3 and 4, Rainbow Paradise, 15 different lift facilities, including one gondola at a length of 3.7 km (2.3 mi), and Korea's largest ski house (Dragon Plaza).The elevation at the base area is at approximately 770 metres (2,525 ft) above sea level, and the lift-served summit at Dragon Zone is at 1,458 m (4,783 ft).