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# Hotel Lotte eyes US$5 billion IPO
- URL: https://hospitality.pro/hotel-lotte-eyes-us5-billion-ipo/
- Published: 2016-01-14T05:58:07.000Z
- Updated: 2016-01-14T05:58:07.000Z
- Author: Holedo
- Tags: Hospitality Industry News, leadership, News, Related Industry News, #wordpress, #Import 2026-04-16 12:15

Hotel Lotte Co Ltd could raise up to US$5 billion in what would be South Korea’s biggest initial public offering, Reuters reported.  
The listing could reach US$3 billion to US$5 billion, potentially surpassing the US$4.04 billion record set in 2010 by Samsung Life Insurance Co Ltd, said IFR, a Thomson Reuters publication.  
Hotel Lotte Co Ltd has the world’s third-largest duty free business in terms of sales, and operated 10 five-star hotels and seven business hotels in South Korea and abroad as of September 2015\. It also has an indoor amusement park and two holiday resorts.