Hotel Shilla Ltd

Entity type image
Type: Company
Name: Hotel Shilla Ltd
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Chinese Tourists Keep Jeju Tourism Evergreen

A constant stream of chartered buses with Chinese tourists filled the parking lot by Yongduam, or Dragon Head Rock, one of the most visited spots in Jeju Island, on Wednesday. The visitors listened to tour guides explain the legend behind the rock then ... [Published Digital Chosun - May 10 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

Seoul shares down 0.22 pct despite ECB rate cut

South Korean stocks closed 0.22 percent lower Monday despite the European Central Bank's (ECB) stimulus measure as investors were at odds over its impact on the global economy down the road, analysts said. The local currency gained against the U.S. d ... [Published Korea Herald - May 06 2013]
First reported May 05 2013 - Updated May 05 2013 - 1 reports

Korean delegation out to sell and assure

President Park leads high-powered business delegation on first U.S. tripUpdated : 2013-05-05 20:26President Park Geun-hye’s first official visit to the U.S. is largely about politics, but economic issues will remain firmly on the table, as evidenced by ... [Published Korea Herald - May 05 2013]
First reported May 05 2013 - Updated May 05 2013 - 1 reports

Travel retail consolidation in Korea as Hotel Shilla buys 19.9% stake in Dongwha Duty Free - local reports

Source: ©The Moodie Report; Yonhap NewsSOUTH KOREA. Hotel Shilla, the luxury hotel and resort operator and parent company of The Shilla Duty Free, announced on Friday that it has signed an agreement to purchase a 19.9% stake in Dongwha Duty Free, according ... [Published Moodie Report - May 05 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

Hotel Shilla buys 19.9 pct stake in Dongwha

SEOUL, May 3 (Yonhap) -- Hotel Shilla Co., a South Korean luxury hotel and resort operator, said Friday that it has signed a deal to purchase a 19.9 percent stake in Dongwha Duty Free to forge stronger business ties with the smaller company.Hotel Shilla, ... [Published Yonhap News Agency - May 03 2013]

Quotes

...ongoing renovations and hopes an increase in Chinese tourists may have boosted sales at its duty free chain, underpinned its shares, analysts said. "We expect the hotel, after its renovation is finished in a couple of months, will draw strong foreign tourists" said Han Ik-hee, an analyst at Hyundai Securities. Han added that Chinese tourists were estimated to spend 20-30 percent more than Japanese tourists...
"We've been seeing over 2,000 tourists a day lately because dragons have a very special place in Chinese culture" said a local tourism official, referring to the period from Apr. 27 to May 5, China's Labor Day holiday
"Seoul shares traded lower despite the ECB slashing its benchmark rate to add more liquidity to the market, as investors took a wait-and-see approach on its impact" said Kang Hyun-gie, a researcher at I'M Investment & Securities Co

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Seoul shares pare gains; CJ, Hankook tumble [Published Sharenet - May 21 2013]
Chinese Tourists Keep Jeju Tourism Evergreen [Published Digital Chosun - May 10 2013]
Seoul shares down 0.22 pct despite ECB rate cut [Published Korea Herald - May 06 2013]
Korean delegation out to sell and assure [Published Korea Herald - May 05 2013]
Travel retail consolidation in Korea as Hotel S... [Published Moodie Report - May 05 2013]
Hotel Shilla buys 19.9 pct stake in Dongwha [Published Yonhap News Agency - May 03 2013]
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