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Search results for “Lotte Group”
Lotte's theme-park project halted amid Sino-Korea tensions
02/08/2017
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11:04:26 AM
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South Korea's Lotte Group said the Chinese government ordered the halt of the company’s 3-trillion-won (USD 2.6 billion) theme-park project in northeastern China, according to a Bloomberg report.
China partially lifts travel ban to South Korea, online curbs stay
11/28/2017
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4:50:13 PM
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China will allow travel agencies in Beijing and Shandong to partly resume sales of group tours to South Korea, in a sign of thawing relations between the nations.
China Duty Free aims for place among the global industry's top three
11/21/2017
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2:37:23 PM
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China Duty Free Group, a unit of the China National Travel Service Group Corp, is looking to become one of the world's top three duty-free operators, possibly as soon as next year.
Tourism and duty-free industries hopeful about Korea-China relations
11/02/2017
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11:20:56 AM
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As Korea and China are set to improve their relationship, Korea's tourism and duty-free shopping industries are raising their hopes of better days.
South Korean businesses suffer major decline from China arrivals downturn
08/07/2017
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11:20:24 PM
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Reduced visitor arrivals from China drove down profit of Lotte Department Store and Lotte Mart by 49% and sales volume by 4.3%; while demand for Lotte milk powder and candies also shrank drastically in ongoing THAAD fallout .
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015
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11:19:43 PM
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LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
China ire over missile defense worries South Korea’s tourism
07/15/2016
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8:04:30 PM
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Visitors from China account for majority of duty-free sales in South Korea; backlash against Thaad deployment in South Korea feared.
Chinese travelers spend 48% more in South Korea in Q1
04/17/2016
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9:14:13 AM
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Chinese tourists spent 48% more in shopping at South Korea’s Lotte Department Store from January 1 to April 11 this year, which was nearly 50% more than the first quarter of 2015 before the MERS outbreak
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