March 03, 2015 4:09 PM ET

Specialty Retail

Company Overview of Hotel Shilla Co.,Ltd.

Company Overview

Hotel Shilla Co., Ltd. operates as a hospitality company in South Korea. The company operates The Shilla Seoul, an urban life-style hotel that offers relaxation, dining, arts, spa treatments, shopping, wedding, and entertainment services; and The Shilla Jeju, a resort hotel, which provides programs, such as moonlight swimming, glamping, and winery tour, as well as travelling services. It also operates The Pleasure Moment, a duty free shop that provides boutique items, fashion products, jewelry, cosmetics, watches, etc., as well as through its online duty-free shop; and VANTT, a fitness club. The company is based in Seoul, South Korea.

249, Dongho-ro


Seoul,  100-856

South Korea


82 2 2233 3131


82 2 2233 5073

Key Executives for Hotel Shilla Co.,Ltd.

Hotel Shilla Co.,Ltd. does not have any Key Executives recorded.

Hotel Shilla Co.,Ltd. Key Developments

WDF Reportedly Receives Interests Form Five Firms

Stake in World Duty Free S.p.A. (BIT:WDF) (WDF) may be sold. Il Sole 24 Ore reported that five international companies have expressed interest in buying the Benetton family's 50.1% stake in WDF. According to the news paper, in the past few months, the Benetton family's Edizione S.r.l. has received unsolicited indications from Dufry AG (SWX:DUFN), Lagardere SCA (ENXTPA:MMB), LVMH Moët Hennessy Louis Vuitton SA (ENXTPA:MC), Lotte Shopping Co., Ltd. (KOSE:A023530), and Hotel Shilla Co.,Ltd. (KOSE:A008770). It further added that Edizione has already started looking to hire an investment bank for the possible sale process and it is still unclear if the potential buyers are interested in buying just a minority stake, with Edizione cutting its interest to 30%, or, more probably, buying the entire shareholding of the Benettons. The news report added that on the other hand, it seems that the chances of private equity funds to buy the Benetton stake are getting slimmer. It added that KKR & Co. L.P. (NYSE:KKR) is said to have examined a possible deal but WDF has preferred opening its capital to an industrial partner. Il Sole quoted Edizione Chairman, Gilberto Benetton as saying that the group has ‘received indications of interest’ and will be looking into all options.

Hotel Shilla Reportedly Eyes DFASS

Hotel Shilla Co.,Ltd. (KOSE:A008770) intends to acquire DFASS Group. According to investment banks, Hotel Shilla has designated Goldman Sachs as an underwriter and carried out the last-minute price negotiations for the takeover of management of DFASS. Hotel Shilla started to push ahead with the deal from late 2014.

Hotel Shilla Co.,Ltd. to Report Fiscal Year 2014 Results on Jan 29, 2015

Hotel Shilla Co.,Ltd. announced that they will report fiscal year 2014 results on Jan 29, 2015

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