SEOUL, Aug. 27 (Korea Bizwire) — Overseas business expansion by major South Korean hotel chains is being delayed for various reasons, industry sources said Monday. Shilla Stay, the business hotel arm of Shilla Hotel, was due to open a new branch in Danang, Vietnam, early this year, but the launch was pushed back to July [...]
SEOUL, Apr. 10 (Korea Bizwire) — An increasing number of hotels in South Korea are catering towards children, as families make for lucrative guests. According to Lotte Hotel, the 20 Hello Kitty-themed rooms at Lotte Hotel Jeju are a hit. “Over 80 percent of the Hello Kitty rooms are booked throughout the year, while all rooms [...]
SEJONG, March 7 (Korea Bizwire) — From a women-only floor to catalog shopping from the comfort of one’s room, a growing number of luxury hotels are introducing new services to differentiate themselves amid growing competition in the industry. Some of the unique services include a direct luggage delivery service from the hotel to the airport. According [...]
SEOUL, Dec. 13 (Korea Bizwire) – Signiel Seoul, the hotel at the 123-story skyscraper of South Korean retail giant Lotte, has been namded the best new new luxury hotel in Asia in a reader survey by a U.S. travel magazine, the company said Wednesday. Global Traveler (GT) awarded the hotel – which is in Lotte World Tower, the country’s tallest building, in eastern Seoul — with the Best New Luxury Hotel in Asia. Signiel Seoul was followed by Park [...]
SEOUL, Oct. 26 (Korea Bizwire) – It has been reported that China’s biggest travel agency, Ctrip, has been in contact with Lotte Hotel for a possible business deal, fueling speculation that China’s ban on package group tours to South Korea might soon be lifted. According to Lotte Hotel on Thursday, Ctrip has been in touch with [...]
SEOUL, Aug. 16 (Korea Bizwire) – Hotel Lotte Co., a hotel and duty-free unit of South Korean retail giant Lotte, saw its operating profit nosedive in the first six months of this year, data showed Wednesday, amid an ongoing diplomatic row between Seoul and Beijing over the deployment of a U.S. missile defense system here. [...]
SEOUL, Aug. 1 (Korea Bizwire) – Lotte Hotel & Resorts, the hotel arm of South Korean retail giant Lotte Group, said Tuesday it will open its eighth foreign hotel chain in Myanmar next month, as it attempts to tap deeper into overseas market. Lotte Hotel & Resorts said the new hotel in Yangon, the former [...]
SEOUL, Aug. 25 (Korea Bizwire) – The Korea Federation for Environmental Movements (KFEM) organized a public performance Thursday in front of Lotte Hotel in Myeongdong, central Seoul, calling for a ban on shark fin consumption in Korea. According to the federation, 12 of 26 surveyed top-rated hotels (five-star equivalent) still serve shark fin dishes at [...]
SEOUL, May 16 (Korea Bizwire) – Business hotels are springing up in and near Myeongdong, the shopping mecca of downtown Seoul, as hotel chains try to cater to a growing number of Chinese tourists who are switching from package tours to more independent trips to South Korea. Nearly 6 million Chinese travelers came to South Korea [...]
SEOUL, April 6 (Korea Bizwire) – Retail giant Lotte Group is seeking to sell more of its hotel unit’s stocks to retail and institutional investors in a move to improve its cobweb-like corporate governance, industry sources said Wednesday. Hotel Lotte Co., the group’s hotel unit, has been preparing to go public on the Seoul bourse as [...]