lotte hotel

Retail Asia27/03/2017

Shin Kyuk-ho, founder and general chairman of the Korean retailer Lotte, has been removed from his company by shareholders, solidifying the succession of his second son, Shin Dong-bin, and coming closer to ending a family feud that started in 2015. Lotte is the country’s fifth-largest family controlled conglomerate, with 90 affiliates here and abroad. The […]

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 Asia24/05/2016

South Korean retail giant Lotte Group’s hotel unit said Thursday it will go public on the KOSPI market on June 29, which is expected to fetch over 5 trillion won (US$4.19 billion) to mark as the nation’s largest-ever initial public offering (IPO). Hotel Lotte Co. said in a regulatory filing that it will offer 47.85 […]

Retail Asia23/12/2015

South Korean retail giant Lotte Group’s hotel unit is set to submit its application next week for listing on the Seoul bourse, pushing for a market debut as early as March, according to industry sources Friday. Hotel Lotte plans to submit the application to the Korea Exchange (KRX) on Monday for a preliminary regulatory review […]

Retail Asia19/12/2015

Hotel Lotte is reportedly set to file its application for listing on the nation’s main stock bourse early next week, according to sources Friday. They noted that the hotel unit of South Korean retail giant Lotte Group will submit its application to the Korea Exchange on Monday for a preliminary regulatory review of its initial […]

Retail Asia09/12/2015

Lotte Group, a leading South Korean retail giant, vowed Thursday to nurture its female leaders to provide equal opportunities in its workforce. Group chairman Shin Dong-bin said in a forum that his conglomerate would increase female leaders to 30 percent of managers by 2020 from the current rate of 11 percent. “The group expects to […]

Retail Asia02/10/2015

Chinese B2C e-commerce website JD.com and South Korean retail giant Lotte.com have signed a strategic cooperation agreement and an exclusive agreement under which JD.com will become the sole strategic partner of Lotte.com in the Chinese mainland for five years. JD said that with the strategic cooperation agreement, Lotte Group’s products and services will enter the […]

Retail Asia14/09/2015

Korea is becoming a major destination for young Chinese couples looking to splurge on expensive items for their upcoming marriages. Chen Yi, 34, and Chai Xuefang, 30, who recently visited Seoul from Shandong province, China, are typical of the growing number of couples who are sparing no expense to make their big day special. The […]

Retail Asia27/07/2015

The 60-year-old chairman on Thursday became chairman of Lotte Holdings, the holding company of the Lotte Group in Japan, which was previously held by his brother Shin Dong-joo. This sealed his control of Lotte operations in both Korea and Japan. It is believed to be the first step in uniting the businesses in both countries. […]

Tag: lotte hotel

Lotte founder’s 50-year reign comes to an end

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

Hotel Lotte IPO expected to become S. Korea’s biggest offering

Hotel Lotte set to submit IPO application next week

Hotel Lotte to apply for IPO next week

Lotte seeks more female managers

Lotte Signs Five-year Exclusive O2O Deal In China

Chinese couples spend big in Korea

Shin calls for fresh goals for entire Lotte group