History

HOTEL LOTTE’s next 50 years
will be a period of
innovation filled with
substantial growth.

홈 Company History
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Creation of
new
sub-
brands

  • 2022

    • LOTTE DUTY FREE Sydney Douwntown Store opened
    • LOTTE WORLD ADVENTURE BUSAN opened

  • 2021

    • LOTTE DUTY FREE’s new business LDFBUY launched

  • 2020

    • Certification of Best Human Resources Developer (Best HRD) obtained by LOTTE WORLD
    • LOTTE HOTEL SEATTLE and SIGNIEL BUSAN opened

    • LOTTE DUTY FREE’s new business LUXEMALL launched
    • LOTTE DUTY FREE Singapore (Changi Airport Store) opened

  • 2019

    • LOTTE DUTY FREE stores opened in Oceania (Four in Australia and one in New Zealand) and Vietnam (Hanoi Airport)

  • 2018

    • L7 HONGDAE and LOTTE HOTEL opened (VLADIVOSTOK, SAMARA)

  • 2017

    • LOTTE DUTY FREE stores opened (World-Tower, Bangkok, Da Nang Airport)

    • L7 GANGNAM and LOTTE HOTEL opened (YANGON, ST.PETERSBURG)

    • LOTTE RESORT SOKCHO and LOTTE ARAI RESORT opened
    • SIGNIEL SEOUL opened, launching SIGNIEL as a sub-brand of LOTTE HOTEL

    • LOTTE WORLD TOWER observatory SEOUL SKY opened

  • 2016

    • L7 MYEONGDONG opened, launching L7 as a sub-brand of LOTTE HOTEL
    • LOTTE City Hotel Myeongdong opened
    • LOTTE DUTY FREE reaches second highest sales in the world as duty free brand for 5th consecutive year (based on 2021 sales)
    • LOTTE DUTY FREE stores opened in Tokyo Ginza and Gimhae Airport

Global
Expansion

  • 2015

    • LOTTE City Hotel Ulsan and LOTTE NEW YORK PALACE opened

  • 2014

    • LOTTE WORLD AQUARIUM opened

    • GIMHAE LOTTE WATER PARK opened

    • LOTTE HOTEL GUAM and LOTTE HOTEL HANOI opened
    • LOTTE City Hotel opened in Jeju, Daejeon, and Guro
    • LOTTE DUTY FREE stores opened in Kansai Airport, Japan

  • 2013

    • LOTTE HOTEL SAIGON and LOTTE City Hotel Tashkent Palace opened
    • Lotte Duty Free stores opened in Downtown Jakarta and in Guam Airport

  • 2012

    • LOTTE SKYHILL CC BUYEO opened
    • LOTTE RESORT JEJU ART VILLAS opened
    • LOTTE DUTY FREE store opened in Jakarta International Airport (first overseas LOTTE DUTY FREE store)

  • 2011

    • LOTTE WORLD becomes the first theme park in Korea to acquire safety patent
    • LOTTE City Hotel Gimpo Airport opened

  • 2010

    • LOTTE RESORT BUYEO opened
    • LOTTE DUTY FREE COEX store opened

    • LOTTE HOTEL MOSCOW opened (first overseas LOTTE HOTEL)

  • 2009

    • LOTTE City Hotel Mapo opened, launching "LOTTE City Hotel" brand

  • 2008

    • LOTTE SKYHILL CC GIMHAE opened

Online and
Offline
Business
Expansion

  • 2005

    • LOTTE WORLD named among the world's top 10 theme parks selected by Forbes in 2005
    • LOTTE SKYHILL CC JEJU opened

  • 2002

    • LOTTE HOTEL ULSAN opened

  • 2001

    • LOTTE DUTY FREE Incheon Airport store opened

  • 2000

    • LOTTE HOTEL JEJU opened
    • LOTTE DUTY FREE Jeju store opened

    • LOTTE DUTY FREE launched world’s first online duty-free store

  • 1999

    • LOTTE DUTY FREE Gimpo Airport store opened

  • 1997

    • LOTTE HOTEL BUSAN opened

Started Tourism
and Service
Business

  • 1995

    • LOTTE DUTY FREE Busan store opened

  • 1994

    • LOTTE WORLD recognized as the world’s largest indoor theme park by Guinness World Records

  • 1989

    • LOTTE WORLD opened

    • Character “LORRY” trademarked
    • LOTTE DUTY FREE Jamsil store opened

  • 1988

    • LOTTE HOTEL WORLD opened
    • Character “LOTTY” trademarked

  • 1987

    • LOTTE WORLD Business Division established

  • 1980

    • LOTTE DUTY FREE Main Branch opened in Myeong-dong, Seoul

  • 1979

    • LOTTE HOTEL SEOUL opened

  • 1973

    • HOTEL LOTTE Co., Ltd. established
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