Sunday, June 26, 2022

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Lotte Tour hiring another 200 staff as business picks up

urism Development, operator of the Jeju Dream Tower, is looking to add another 200 staff to its roster, including hotels, casinos, fashion malls and other support functions. 

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...

South Korea reopens borders, but lack of Chinese tourists to weigh

South Korea reopened its borders to vaccinated travelers from April 1st, providing some relief for its foreigner-only casinos, but recovery is expected to be a long haul given the lack of Chinese visitation.

Your Daily Asia Gaming eBrief: Asian tourism rebound expected in 2024 or later

As more countries begin to reopen their borders, the global tourism industry is seeing a gradual uptick of international outbound travel and expenditure.

Your Daily Asia Gaming eBrief: Pinpointing emerging tourism trends

To round off this busy week, we’re bringing you a thought-provoking discussion between Anita Chan, CEO of Compass Edge and AGB managing editor Sharon Singleton on domestic tourism trends across Asia.

Lotte submits application to relocate casino to Jeju Dream Tower

The local government has confirmed receipt on January 29 of Lotte Tour Development’s application to move its LT Casino to an expanded location within the new Jeju Dream Tower. The firm hopes that the foreigner-only casino can open in March.