Lotte Hotels & Resorts
Encyclopedia
«Lotte Hotel»is a Korean luxury hotel chain operated by Lotte Hotel Co., Ltd., the hospitality arm of the Lotte Group. The company was founded in May 1973. Starting with the opening of Lotte Hotel Seoul in 1979, luxury chain hotels opened in Jamsil, Busan, Jeju, and Ulsan. The first business hotel, Lotte City Hotel Mapo, opened in April 2009, and the first overseas chain, Lotte Hotel Moscow, opened in June 2010. On December 8, 2011, the second business hotel, Lotte City Hotel Gimpo Airport will open within the Lotte Mall Gimpo Airport complex.
Co., Ltd in 1967. Lotte Group consists of over 60 business units in such diverse industries as candy
manufacturing
, beverages, hotel
s, fast food
, retail
, financial services
, heavy chemicals
, electronics
, IT
, construction
, publishing
, and entertainment.
«Lotte Hotels & Resorts» was founded in 1973 with the opening of first hotel of the chain «Lotte Hotel Seoul».
The second hotel «Lotte Hotel Busan
» was opened in 1984 in Busan
, South Korea
's second largest metropolis
after Seoul
and its largest port city.
Company expanded its business in 1989 and opened a recreation complex «Lotte World
» which consists of a large indoor theme park, an outdoor amusement park
, an island linked by monorail, shopping malls, a hotel, a Korean folk museum, sports facilities, and movie theatres in one area.
«Lotte Hotel Jeju» was opened in 2000 on Jeju Island, which has a temperate climate, natural scenery, and beaches. Jeju is a popular tourist destination for South Koreans as well as visitors from other parts of East Asia
. Two years later the chain opened «Lotte Hotel Ulsan».
The sixth hotel «Lotte City Hotel Mapo» was opened in 2009 in Mapo
, Seoul's district. This "city hotel" caters to business travelers. There is also a sister hotel in Tokyo, Japan (Lotte City Hotel Kinshicho).
The first chain hotel abroad («Lotte Hotel Moscow
») was opened in Russia
in 2010.
«Lotte City Hotel Gimpo Airport» is set to open in Banghwa-dong, Gangseo-gu, Seoul, on December 8, 2011. The hotel is situated within the Lotte Mall Gimpo Airport complex with easy access to Incheon International Airport and downtown Seoul. It is a specialized premium business hotel offering a one-stop venue for comfortable rest, shopping, leisure, and entertainment. The hotel offers affordable rates in the lower and mid-range by focusing on the accommodation function and minimizing additional services. The 8-story building houses 197 rooms, 1 buffet restaurant, banquet halls, business conference rooms, fitness center, and coin laundry.
History
Lotte Group was originally established in Japan and expanded into Korea with the establishment of Lotte ConfectioneryLotte Confectionery
Lotte Confectionery is a South Korean company headquartered in Yangpyeong-dong Yeongdeungpo-gu Seoul, Korea. It was established in 1967 and its plants are located in Seoul, Daejeon, Yangsan, Pyeongtaek and Siheung. It manufactures and sells more than 200 products to more than 70 countries. It is...
Co., Ltd in 1967. Lotte Group consists of over 60 business units in such diverse industries as candy
Candy
Candy, specifically sugar candy, is a confection made from a concentrated solution of sugar in water, to which flavorings and colorants are added...
manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
, beverages, hotel
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...
s, fast food
Fast food
Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food, typically the term refers to food sold in a restaurant or store with preheated or precooked ingredients, and served to the customer in a...
, retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
, heavy chemicals
Chemical plant
A chemical plant is an industrial process plant that manufactures chemicals, usually on a large scale. The general objective of a chemical plant is to create new material wealth via the chemical or biological transformation and or separation of materials. Chemical plants use special equipment,...
, electronics
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...
, IT
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
, publishing
Publishing
Publishing is the process of production and dissemination of literature or information—the activity of making information available to the general public...
, and entertainment.
«Lotte Hotels & Resorts» was founded in 1973 with the opening of first hotel of the chain «Lotte Hotel Seoul».
The second hotel «Lotte Hotel Busan
Lotte Hotel Busan
Lotte Hotel Busan is the tallest hotel in South Korea. The building includes Seven Luck, a casino operated by Grand Korea Leisure.-External links:*...
» was opened in 1984 in Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...
, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
's second largest metropolis
Metropolis
A metropolis is a very large city or urban area which is a significant economic, political and cultural center for a country or region, and an important hub for regional or international connections and communications...
after Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
and its largest port city.
Company expanded its business in 1989 and opened a recreation complex «Lotte World
Lotte World
Lotte World is a major recreation complex in Seoul, South Korea. It consists of the world's largest indoor theme park which is open all year around, an outdoor amusement park called "Magic Island", an artificial island inside a lake linked by monorail, shopping malls, a luxury hotel, a Korean folk...
» which consists of a large indoor theme park, an outdoor amusement park
Amusement park
thumb|Cinderella Castle in [[Magic Kingdom]], [[Disney World]]Amusement and theme parks are terms for a group of entertainment attractions and rides and other events in a location for the enjoyment of large numbers of people...
, an island linked by monorail, shopping malls, a hotel, a Korean folk museum, sports facilities, and movie theatres in one area.
«Lotte Hotel Jeju» was opened in 2000 on Jeju Island, which has a temperate climate, natural scenery, and beaches. Jeju is a popular tourist destination for South Koreans as well as visitors from other parts of East Asia
East Asia
East Asia or Eastern Asia is a subregion of Asia that can be defined in either geographical or cultural terms...
. Two years later the chain opened «Lotte Hotel Ulsan».
The sixth hotel «Lotte City Hotel Mapo» was opened in 2009 in Mapo
Mapo-gu
Mapo-gu is a gu, or district, within Seoul, South Korea. It lies northwest of the Han River. Several universities and government buildings are located here. Mapo is especially well-known for the Hongdae club district around Hongik University. Seoul Metropolitan Subway Line 1, Line 5, and Line 6...
, Seoul's district. This "city hotel" caters to business travelers. There is also a sister hotel in Tokyo, Japan (Lotte City Hotel Kinshicho).
The first chain hotel abroad («Lotte Hotel Moscow
Lotte Hotel Moscow
Lotte Hotel Moscow is a new hotel in Moscow situated at the intersection of New Arbat Avenue and Novinsky Boulevard. The hotel is the first oversea project of South Korean "Lotte Hotels & Resorts" hotel chain...
») was opened in Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
in 2010.
«Lotte City Hotel Gimpo Airport» is set to open in Banghwa-dong, Gangseo-gu, Seoul, on December 8, 2011. The hotel is situated within the Lotte Mall Gimpo Airport complex with easy access to Incheon International Airport and downtown Seoul. It is a specialized premium business hotel offering a one-stop venue for comfortable rest, shopping, leisure, and entertainment. The hotel offers affordable rates in the lower and mid-range by focusing on the accommodation function and minimizing additional services. The 8-story building houses 197 rooms, 1 buffet restaurant, banquet halls, business conference rooms, fitness center, and coin laundry.