Lotte Tour Development Archives

Jeju in Transition from Resort Island to Real Estate Hot Spot

JEJU, April 11 (Korea Bizwire) - If you think of Jeju Island as just a laid back vacation spot or a place for fishermen and tangerine growers, give it a second look. This southern resort island known for its scenic beach and volcanic landscape has drawn a huge influx of Chinese travelers over the past five years [...]

FTC Cracks down on Travel Agencies Charging Too Much on Cancellations

SEOUL, July 24 (Korea Bizwire) – From now on, consumers will be able to demand documentary evidence to travel agencies when they ask for too much for cancellation charges. In addition, consumers will pay a certain amount proportional to the shift in exchange rate instead of paying a fixed surcharge whenever the exchange rate moves to an [...]