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South Korea’s luxury hospitality group Lotte hotels has opened their first business class hotel in Seoul. The Lotte City Hotel offers premium services at business rates. The opening of a business hotel is just one strategy employed by the group to ensure competitiveness in an aggressive market. More properties are expected to open across Korea and Lotte have ventured into Russia with their first property outside of Korea.
The Lotte City Hotel has cut the price of accommodation by one third of that of other major five-star hotels but aims to provide a similar service. This was achieved by cutting back on usual amenities in bathrooms and reducing staffing levels. Alternatively, the hotel offers vending machines selling beverages, bathing products and much more. DIY laundrette facilities have been installed in the property for guests wishing to clean small amounts of laundry.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
