Hotel Shilla

Retail Asia22/02/2019

Thailand’s much-maligned airport duty-free monopoly appears set to be nearing an end. For years, major Thai retailers have complained that incumbent operator King Power has controlled the retail offer – and prices – at Thailand’s largest airports, especially Suvarnabhumi outside Bangkok. Frequent travellers often comment that airport ‘duty-free’ prices are higher than at other airports […]

Retail Asia21/01/2019

Hotel Shilla announced Tuesday that it will actively begin expanding its brand abroad this year, the first new location being a resort in Da Nang, Vietnam. “Starting with Da Nang, we hope to expand our brand to more than 10 overseas locations in Southeast Asia, United States and China,” the hotel company said in a statement. Hotel […]

Retail Asia30/05/2017

Hotel Shilla will spend 186.5 billion won (US$166.74 million) for its duty-free store that is scheduled to open at Hong Kong International Airport in December. With the opening of the store, Hotel Shilla will have a presence in Asia’s three largest airports including Incheon and Singapore. The hotel and duty-free operator will issue corporate bonds […]

Retail Asia02/08/2016

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The Shilla Duty Free has posted a 29 per cent year-on-year rise in second-quarter revenues for its Korean downtown stores, rebounding from the MERS-ravaged tourism sector at the same time last year. Downtown store revenue climbed to KW538.2 billion (US$473.6 million) for the quarter, with growth outstripping the 23.5 per cent increase in the total […]

Retail Asia22/06/2016

Busan’s Haeundae district is best known for its beach that attracts millions of visitors each summer. But it’s also a major MICE (meetings, incentives, conferences, and exhibitions) center, with the Busan Exhibition and Convention Center (BEXCO),and hosts major annual events such as the Busan International Film Festival. Under these conditions, competition between hotels is higher than ever. […]

Retail Asia28/03/2016

Eyeing the growing tourist market, Japanese department store Takashimaya is going duty free with an airport-style store in Tokyo. Not only sales tax, but also alcohol and tobacco duties will be waived under the venture, in which the Takashimaya Tokyo store is partnering with ANA Holdings and South Korea’s Samsung Group. Takashimaya will contribute more […]

Tag: Hotel Shilla

King Power duty free monopoly ending soon

Shilla Vietnam to open hotel at Da Nang

Hotel Shilla to invest W186.5b in Hong Kong duty-free store

Revenues up, profit down for Shilla Duty Free

New Hotels Keep Popping Up in Korea’s Most Celebrated Beachfront Community

Takashimaya Tokyo going duty free