Lotte Tour Development announced on the 1st that its Jeju Dream Tower complex resort recorded sales of 151.1 billion won in the second quarter. This marks the highest sales performance to date. The previous record was 129.6 billion won in the third quarter of last year.
Looking at the sales in the second quarter by institutional sector, the casino generated 110.04 billion won (net sales), while the hotel accounted for 41.09 billion won (separate basis).
In the casino institutional sector (Dream Tower Casino), quarterly net sales increased by more than 30% to 110.04 billion won compared to the previous quarterly record of 84.545 billion won in the first quarter. This is the first time the quarterly casino revenue has surpassed 100 billion won. It represents a 65.4% increase compared to the same period last year (66.539 billion won).
The table drop amount, an indicator of casino activity, was 668.525 billion won, an increase of 38% compared to the previous record of 481.95 billion won in the first quarter.
The number of casino visitors reached 148,475, exceeding the previous record of 109,631 in the first quarter.
The hotel institutional sector (Grand Hyatt Jeju) recorded sales of 41.09 billion won (separate basis). This is the second highest record following last year's third quarter (45.381 billion won). It increased by 29.5% compared to the previous quarter (31.724 billion won).
In the second quarter, 127,580 rooms were sold based on room sales. The average occupancy rate is 87.6%. The occupancy rate has surged compared to last year's second quarter occupancy rate of 66.3% and the peak summer season in the third quarter (75.3%).