[Asia Economy Reporter Jang Hyowon] Lotte Tour Development is showing strong performance. This is attributed to the news that it will operate the first exclusive charter flight for casino VIP customers between Japan and Jeju.


As of 11:08 AM on the 19th, Lotte Tour Development is trading at 10,500 KRW, up 2.44% from the previous day.


On this day, Lotte Tour Development announced that it will independently operate two round-trip exclusive casino charter flights (T'way Air, 189 seats each) on the direct route between Tokyo (Narita), Japan and Jeju on November 4 and December 30.


Until now, small aircraft have been used to bring groups of 20 to 30 Chinese casino customers to Jeju, but this is the first time that Japanese casino VIPs will visit Jeju on exclusive charter flights using large national carriers.


In the case of Japan, the news that Jeju Dream Tower will independently operate casino charter flights led to an increase in applicants, resulting in a successful reception that prompted a rapid increase from the originally planned one round trip to two.


Prior to this, on the 29th of last month, 39 Japanese casino VIPs, along with 160 Japanese media personnel, travel agencies, and influencers, participated in a 3-day, 2-night tour at Dream Tower, drawing focused attention on the Jeju Dream Tower complex resort, which has established itself as a new landmark centered on Japanese tourists.


In particular, with the independent operation of the exclusive casino charter flights for Japan and the resumption of the Jeju-Osaka direct route (7 times a week) starting from the 11th of next month, Lotte Tour Development is placing great expectations on the Japanese market.



In fact, since the resumption of the Gimpo-Haneda route in June, the monthly average sales of foreigner-only casinos located in Seoul and the metropolitan area have shown a vertical upward trend, rising from 8 billion KRW in May to 8.6 billion KRW in June, 13 billion KRW in July, and 17.1 billion KRW in August.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing