Jeju Dream Tower Achieves Record High Room Sales in July... Casino Also Up
Impact of Jeju Overseas Direct Flights Expanded to 100 Weekly Flights
July Foreign Guest Occupancy Rate 64%... 48% Use Casinos
Lotte Tour Development announced on the 25th that the Grand Hyatt Jeju within the Jeju Dream Tower Complex Resort recorded sales of 35,089 rooms as of the 24th (reservations from the 25th onward). This already surpasses the previous record of 33,056 rooms sold last month.
The number of casino visitors also reached 21,304 by the 24th, an increase of 2,965 compared to 18,369 during the same period last month. Lotte Tour Development stated, "Considering that an average of 853 people used the casino daily this month, the number of casino visitors in July is expected to reach around 27,000, breaking the previous record again within a month."
The sharp upward trend in both room sales and casino sectors is attributed to the continuous expansion of direct overseas flight routes to Jeju. Until mid-last month, direct overseas flights operated about 60 times a week, but from the end of last month, with the addition of twice-weekly Macau flights starting on the 26th following routes to Beijing, Shanghai, Hangzhou, Ningbo, Shenyang, and Hong Kong, the era of 100 weekly flights began. From August, direct flights to major Chinese cities including Beijing, Dalian, Guangzhou, Nanjing, Hangzhou, Xi’an, Changsha, Taichung, and Tianjin are expected to increase the weekly direct flights to 155.
The proportion of foreign guests in July increased to 64%. Last July, the foreign guest ratio was only 12%, rising to 32% in March and surpassing half at 56% last month. Nearly half (48%) of the foreign guests are casino users, which is seen as a positive sign for the sales momentum of the Jeju Dream Tower Complex Resort.
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Lawrence Tio, Senior Vice President of Dream Tower Casino, said, "Word has spread that we have the best hotel facilities and global-level casino amenities, leading to an increase in casino visitors from various cities such as Japan, China, Taiwan, Hong Kong, and Singapore," adding, "We expect surprisingly impressive casino sales results this month."
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