Thursday, January 20, 2022

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Lotte Tour turnaround on the cards: SK Securities

Lotte Tour Development has the potential to see a turnaround in its performance this year, according to SK Securities analyst Seung-Doo Na.

Lotte Tour Development 2020 losses reach US$70.1 million

Lotte Tour Development, operator of the newly opened Jeju Dream Tower, has reported net operating loss of KRW78.8 billion (US$70.1 million) for the full year 2020, representing a sharp deterioration in financial performance.

Local group accuses Lotte Tour of manipulating Jeju opinion poll

A local group opposing the opening of the Jeju Dream Tower casino opened a new front in its attacks on Lotte Tour Development by accusing it of manipulating opinion polls that showed a favorable public response to the project.

Lotte Tour Development bets on its dream tower

At the end of this week, Lotte Tour Development will hold the grand opening for the Jeju Dream Tower, an ambitious project, forty years in the making, upon which the firm is expected to either rise or fall.

Lotte Tour Development moves company HQ to Jeju Dream Tower

Lotte Tour Development shareholders gave their consent on Monday for the company, established in 1971, to move its headquarters from Seoul to the soon-to-be...

Lotte Tour announces rights offering

Lotte Tour Development Co., the company behind Jeju Dream Tower, has announced KRW 240 billion (US$213.6 million) rights offering to complete construction of its...

Lotte Tour buys Paradise Jeju Lotte for KRW15b

Lotte Tour Development, a South Korean travel company, is making its first solo foray into the casino business with the acquisition of the Paradise Jeju Lotte Casino for KRW15 billion ($13.4 million).

Lotte Tour Development

Lotte Tour Development Co., Ltd. provides various tour package service. The Company franchises travel agencies, offers home-based travel businesses, and provides leisure-travel information. The...

Lotte Tour raises funds for license, working capital

Lotte Tour Development Co, the company behind the proposed Jeju Dream Tower Integrated Resort is raising funds through the issuance of KRW 40 billion...

Lotte Tour set to develop Jeju’s second IR

South Korea's Jeju Island looks set to get a second major foreigners-only integrated casino resort after Lotte Tour Development took over the Dream Tower...