Lotte Tour Development is a leading company in the travel and tourism industry. Founded in 1976, it has grown to become one of the largest travel agencies in Korea.
The company offers a wide range of travel services, including package tours, hotel reservations, and ticketing. Its extensive network of offices and branches across the country allows it to provide personalized service to its customers.
As a publicly traded company, Lotte Tour Development is listed on the Korea Stock Exchange. Its stock is widely held by individual and institutional investors, making it a stable and secure investment option.
Investors can access the company's financial reports and other investor information on its website or through the Korea Stock Exchange.
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Ownership and Governance
The Executive Committee of Lotte Tour Development Co., Ltd. is led by CEO Hyun Baek, who has been in the position since 2015.
Han-Joon Kim and Ki-Byung Kim are also CEOs, with Kim having been in the position for an unknown duration and Ki-Byung Kim holding the position since 2004. Jung-Hui Shin is a Corporate Officer/Principal who has been with the company since 2010. Hong-Gu Kim is the Comptroller/Controller/Auditor, but the duration of his position is unknown.
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The Board of Directors is composed of five members, with Ki-Byung Kim serving as the Chairman. The other directors include Dong-Soo Yoo, Jung-Hui Shin, Han-Joon Kim, and Hyun Baek. Myung Oh is also a director, having joined the board in 2020.
Executive Committee
The Executive Committee is a crucial part of Lotte Tour Development Co., Ltd.'s governance structure.
The CEO position is held by three individuals: Hyun Baek, Han-Joon Kim, and Ki-Byung Kim.
Hyun Baek, the current CEO, has been in the role since March 26, 2015.
Han-Joon Kim is also a CEO, but his tenure is not specified.
Ki-Byung Kim, another CEO, has been in the position since June 28, 2004.
Jung-Hui Shin serves as a Corporate Officer/Principal, a role he has held since April 18, 2010.
Hong-Gu Kim is the Comptroller/Controller/Auditor, but his tenure is not specified.
Here's a brief overview of the Executive Committee:
Board Composition
The Board Composition of Lotte Tour Development Co., Ltd. is a diverse group of individuals with a range of ages and backgrounds.
The Chairman of the Board is Ki-Byung Kim, who is 87 years old and has been in the role since the company's inception.
The Board consists of six members, including Dong-Soo Yoo, Jung-Hui Shin, Han-Joon Kim, Hyun Baek, and Myung Oh, each with their own unique experience and skills.
Dong-Soo Yoo and Jung-Hui Shin are both 85 years old and have been Board Members since 2011 and 2010, respectively.
Han-Joon Kim is the youngest member of the Board at 54 years old, and has been a Board Member since the company's inception.
Hyun Baek and Myung Oh joined the Board in 2015 and 2020, respectively, bringing their own perspectives and expertise to the table.
Here's a summary of the Board Members:
Shareholders: Co., Ltd
As we explore the world of ownership and governance, let's take a closer look at the shareholders of some major travel companies.
Lotte Tour Development Co., Ltd. is a company with a market capitalization of 997 million dollars, and its stock price has seen a 73.45% increase over the past year.
The company's performance is impressive, with a 1-year change of +73.45% and a 3-year change of +62.58%.
Here's a breakdown of the companies listed in the article section:
These companies have seen significant changes in their stock prices over the past year, with some experiencing a 1-year change of +229.72% and others experiencing a -45.02% change.
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Investor Information
Lotte Tour Development Co., Ltd. is headquartered in Jeju City, Jeju-Do.
The company operates its business in four segments, including the Travel Business segment, which is engaged in the sale of travel products.
The company went IPO on 2006-06-08, marking a significant milestone in its history.
The Travel Business segment offers a wide range of travel products, such as packaging tours, theme tours, independent tours, honeymoon tours, golf tours, cruises, and others.
The Pre-Sale Agency segment mainly engages in real estate rental business, providing an additional revenue stream for the company.
The Casino segment is also a key part of the company's business, offering a unique experience for customers.
The Internet Information Service segment provides services such as airline tickets and hotel reservation services, and other travel-related services and travel information, making it a valuable resource for travelers.
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About Lotte Tour Development
Lotte Tour Development is a leading travel company in South Korea, founded in 1979 by Shin Kyuk-ho.
It offers a wide range of travel services, including domestic and international tours, hotel reservations, and travel insurance.
The company operates a large network of travel agencies across the country, with over 1,000 branches.
Its extensive network allows it to provide convenient and personalized services to its customers.
Lotte Tour Development has a strong focus on customer satisfaction, with a dedicated team working to ensure that every customer's needs are met.
This commitment to customer satisfaction has helped the company build a loyal customer base.
The company's website is available in multiple languages, including Korean, English, and Chinese, making it accessible to a global audience.
This allows international visitors to easily plan and book their trips to South Korea.
Here's an interesting read: List of Companies of South Korea
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