The Korean Ministry of Land, Infrastructure and Transport is to allow airport commercial partners to defer rent payments from March till May.…
Incheon International Airport operators request rent adjustment
Hotel Shilla, Hotel Lotte and other duty-free operators are calling on the Incheon International Airport Corp. to temporarily lower the rent.…
Incheon International Airports’s duty free store auction fails to attract tenders
The bidding for duty-free store licenses at Incheon International Airport failed to attract tenders to fill all of the cosmetics and apparel sections for the first time, the airport operator said.…
Paco Rabanne and Dufry partner for pop-up at Melbourne Airport
Puig has partnered with Dufry to launch Paco Rabanne’s first travel retail-exclusive animation at Melbourne Airport Terminal 2.…
Passenger traffic at Incheon International Airport drops
The number of passengers at Incheon International Airport for the first week of March dropped by 80 percent on-year, the lowest since 2003.…
Hyundai Department wins Incheon International Airport concession
Hyundai Department Store’s duty-free name joins Incheon International Airport by winning a fashion and miscellaneous concession opening.…
Chinese tourists in Korea decline
Chinese inbound travel to South Korea fell by -72.8 percent year-on-year to 109,400 in the period 1-24 February 2020.…
Hotel Shilla to cut duty-free sales
Hotel Shilla, which operates luxury hotels and duty-free shops, expands its hotel business this year by opening new facilities at home and abroad in a bid to reduce its reliance on duty-free sales, an…
Heinemann Australia extends partnership with Sydney Airport
Heinemann Australia has extended its duty free partnership with Sydney Airport for another eight years until 31st December 2029.…
LANCÔME partners with LOTTE World Tower for pop-up event
On 22nd January, LANCÔME Travel Retail Asia Pacific kicked off a prosperous 2020 with its Chinese New Year campaign in Korea.…