SEOUL, Dec. 5 (Korea Bizwire) – A growing number of younger women are booking hotels for entertainment purposes, prompting luxury hotels to release packages targeted for the emerging customers, a Seoul-based online booking site said Monday. Hotel Time Commerce said women in their 30s accounted for 23.8 percent of reservations for luxury hotels via its [...]
SEOUL, March 25 (Korea Bizwire) – HDC Shilla Duty Free, a joint venture between Hotel Shilla and Hyundai Development, officially opened its new duty-free store in central Seoul on Friday, featuring 200 more brands four months after its pre-opening. The new outlet spanning 16,500 square meters is located in the Hyundai I’Park Mall in Yongsan, the railway [...]
SEOUL, March 24 (Korea Bizwire) – As the number of business hotels targeting foreigners is increasing, price competition is getting fierce. Hotel Shilla’s ‘Shilla Stay’ business hotel brand, a recent entrant to the market, is being blamed for lowering profits industrywide due to lower prices compared to other business hotel chains. According to data from [...]
SEOUL, Mar. 2 (Korea Bizwire) — Hotel Shilla Co., an affiliate of South Korea’s top conglomerate Samsung Group, said Tuesday it plans to open a duty-free shop in downtown Bangkok, speeding up efforts to expand its overseas presence. The company said the duty-free shop, which will open within this year, comes after Hotel Shilla first established [...]
SEOUL, Jan.7 (Korea Bizwire) – Although the number of foreigners visiting Korea every year is reaching 20 million, five star hotels in Korea seem to be neglecting hansik, traditional Korean cuisine. According to industry analysts, among the 20 five star hotels located in Seoul, only three hotels had Korean restaurants – the Sheraton Grand Walkerhill, [...]
SEOUL, Dec. 24 (Korea Bizwire) – A joint venture between Hotel Shilla and Hyundai Development partially opened their new duty-free store in downtown Seoul on Thursday, gearing up for a grand opening in March. The outlet is located in the Hyundai I’Park Mall in Yongsan, the railway hub nestled in between key tourist spots scattered [...]
SEONGNAM, Aug. 7 (Korea Bizwire) — The husband of Lee Boo-jin, the eldest daughter of the Samsung Group owner family, has refused to go through with their divorce, his lawyer said Thursday. Lee and her husband, Im Woo-jae, has been undergoing trials at a Suwon District Court branch in Suwon, south of Seoul, to decide [...]
SEOUL, June 2 (Korea Bizwire) – Eight Korean retail giants have thrown their hats into the ring in a bid to secure the rights to operate two new duty-free shops in Seoul. Duty-free businesses are considered to be geese that lay golden eggs. According to the Korea Customs Office, as of June 1, the closing [...]
SEOUL, Apr. 29 (Korea Bizwire) — The first ever five star hotel has been designated in Korea, and the honor went to Hotel Shilla, according to Korean tourism authorities on April 28. Hotel Shilla passed a field test and a secret test to earn the designation. Korea’s previous hotel grading system used symbols of flowers [...]
SEOUL, April 21 (Korea Bizwire) — Shinsegae, a South Korean retail conglomerate, said Tuesday it plans to set up a new unit for duty-free shop operations, joining the race to win a bid to run new duty-free stores in downtown Seoul. Hotel Shilla, a major hotel chain and duty-free shop operator, and other existing duty-free [...]