{"id":777042186,"date":"2026-05-14T08:09:01","date_gmt":"2026-05-14T11:09:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777042186"},"modified":"2026-05-15T13:19:13","modified_gmt":"2026-05-15T16:19:13","slug":"jeju-dream-tower-drives-record-q1-revenue-growth-for-lotte-tour-development","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-drives-record-q1-revenue-growth-for-lotte-tour-development","title":{"rendered":"Jeju Dream Tower drives record Q1 revenue growth for Lotte Tour Development"},"content":{"rendered":"\n<p>Casino and hotel operations at Jeju Dream Tower pushed Lotte Tour Development to record first-quarter revenue of US$111.5m.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Korea.- <strong>Lotte Tour Development <\/strong>has reported record first-quarter results for 2026, driven by continued growth at the Jeju Dream Tower integrated resort. According to the company\u2019s quarterly filing, consolidated revenue for the January-March period reached KRW156.2bn (US$111.5m), up 28.1 per cent year-on-year, while operating profit more than doubled to KRW28.8bn (US$20.6m).<\/p>\n\n\n\n<p>Casino operations remained the key growth driver at Jeju Dream Tower, a foreigner-only integrated resort. <strong>Casino revenue<\/strong> climbed 40.3 per cent to KRW118.6bn (US$84.7m), supported by an increase in <strong>VIP activity<\/strong> and foreign visitation. <strong>Casino visitor <\/strong>numbers rose 37.3 per cent year-on-year to more than 150,000 guests, while the table drop increased 36.7 per cent to KRW573.9bn (US$410m). <\/p>\n\n\n\n<p><strong>Hotel operations<\/strong> also saw solid growth. Revenue from the Grand Hyatt Jeju reached KRW38.1bn (US$27.2m), up 20.2 per cent year-on-year, while occupancy increased to 75.9 per cent during what is traditionally considered Jeju\u2019s off-season. Foreign guests accounted for 73.5 per cent of hotel visitors during the quarter.<\/p>\n\n\n\n<p><strong>Lotte Tour Development<\/strong> said: &#8220;Despite concerns over the Middle East situation and the burden of the off-season, we confirmed record-high revenue and strong profit-generating power starting in the first quarter,&#8221; adding: &#8220;As the full-fledged tourism season begins, we expect a clear &#8216;quantum jump&#8217; pattern in annual results this year.&#8221;<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/03\/Jeju-Dream-Tower-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/jeju-dream-tower-hits-record-april-revenue'>Jeju Dream Tower hits record April revenue<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Casino and hotel operations at Jeju Dream Tower pushed Lotte Tour Development to record first-quarter revenue of US$111.5m.<\/p>\n","protected":false},"author":226,"featured_media":777023693,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Lotte Tour Development reported record first-quarter 2026 consolidated revenue of US$111.5m, driven by robust performance at its Jeju Dream Tower integrated resort. Casino operations, a foreigner-only vertical, saw a 40.3% increase in revenue to US$84.7m, fueled by VIP activity and foreign visitation. The company anticipates a significant \"quantum jump\" in annual results as the tourism season commences.","focusai_entities":"Lotte Tour Development, Jeju Dream Tower, Grand Hyatt Jeju","focusai_location":"South Korea, Jeju","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q2 Growth Drivers","query":"What specific marketing initiatives or geopolitical factors are Lotte Tour Development leveraging to project a \"quantum jump\" in annual results beyond the Q1 performance, particularly concerning the full-fledged tourism season?"},{"label":"VIP Segment Strategy","query":"Given the significant increase in VIP activity, what specific strategies is Jeju Dream Tower employing for high-roller acquisition and retention, and how do these align with broader regional competition for premium gaming patrons?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[29,23765,23851],"class_list":["post-777042186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-casino","tag-jeju-dream-tower","tag-lotte-tour-development"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777042186"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042186\/revisions"}],"predecessor-version":[{"id":777042199,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042186\/revisions\/777042199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777023693"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777042186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777042186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777042186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}