lotte

A drop in Chinese tourists to Korean duty-free shops after the THAAD missile system deployment resulted in US$528 million in losses between March and May. Read More

China's South Korea travel ban stands to hurt South Korean tourism companies and retailers, but it also gives reason for other destinations to worry. Read More

Lotte's decision to swap land with the South Korean government has put it under intense pressures in China to back away from the deal. Read More

Duty-free licenses are fiercely contested in South Korea, where retailers want to tap into Chinese tourists' generous duty-free spending. Read More

Major multi-brand retailers, department stores, and duty-free sellers from around the world are launching new partnerships with Alibaba and JD.com to reach China's growing e-commerce market. Read More

South Korea faces tough competition from Japan as it plots its post-MERS tourism rebound. Read More

Having already reshaped the global luxury tourism and hotel market in their own particular way, China's growing legion of outbound tourists is set to grow far larger in the next several years. Read More

According to statistics released this weekend, China's "Super Golden Week" lived up to its name, with the number of overseas-bound travelers up 50 percent year-over-year and more than 34 million domestic tourists hitting major destinations over the course of the eight-day holiday. Read More

Hong Kong retailers may be hurting as the influx of mainland Chinese tourist-shoppers seen in recent years slows, but destinations like South Korea are poised to gain as these big-spending travelers look further afield. Read More

Coming just in time to buoy Japanese retailers, many of whom have been stung by a drop in tourist arrivals in 2011, Chinese travelers flocked to Japan over the course of the Lunar New Year holiday. Read More