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# Hotel Lotte to hire IPO managers
- URL: https://hospitality.pro/hotel-lotte-to-hire-ipo-managers/
- Published: 2015-08-20T03:49:51.000Z
- Updated: 2015-08-20T03:49:51.000Z
- Author: Holedo
- Tags: Hospitality Industry News, News, #wordpress, #Import 2026-04-16 12:15

Conglomerate Lotte Group said its South Korean hotel arm Hotel Lotte Co Ltd, a key vehicle for control for the group?s South Korean businesses, will hire managers for an initial public offering by early September.  
Lotte Group, in a text message sent to reporters, did not elaborate on when the listing will be completed, Reuters reported. Last week it said it expected Hotel Lotte to have a market capitalisation of about 10 trillion won (US$8.43 billion) after an IPO.