Guam – One year after they opened for business on Guam, Lotte Duty Free celebrated their accomplishments and success with a ribbon cutting ceremony at the AB Won Pat International Airport.
It was a momentous occasion, not just to mark the grand opening of Lotte Duty Free shops at the airport, but as Governor Eddie Calvo pointed out, it’s a celebration of Lotte’s investment in Guam’s people, economy and tourism industry.
“It’s corporations such as Lotte that have come to Guam, they have seen the potential for our island,” noted Governor Calvo. “We have this beautiful experience that Lotte adds so on behalf of our administration, the people of Guam, we wanna say thank you, Lotte congratulations and I look forward to shopping there in the near future,” Calvo stated.
“Lotte duty free has put the utmost effort to achieve this partnership,” said Lotte Duty Free CEO Hong-Kyun Lee.
“With all our effort our Guam store will be a true beacon for global business expansion. We’ll continue to try to do our best to build our partnership of trust, belief and confidence with GIAA. Furthermore we’ll contribute to the local community of Guam as well,” he added.
The new Lotte Duty Free project boasts over 24000 sq ft of renovated retail space, main airport thoroughfare, food court and restrooms. A new family room was also added to the passenger waiting area. Lotte also added a unique local concept to the retail experience with the Guam Cultural Center that features the island’s traditional culture with a model carabao, the iconic latte stone and made on Guam products.
Guam Airport Authority General Manager Chuck Ada says this was all made possible through the hard work of Lotte’s contractor.
Lotte Duty Free also signed the Hafa Adai pledge with the Guam Visitor’s Bureau at today’s ceremony.
READ the release from Lotte below:
Lotte Duty Free unveils retail transformation at A.B. Won Pat International Airport; $20M investment features local products alongside renowned luxury brand lineup
Tiyan, Guam – July 23, 2014 – Lotte Duty Free officially unveiled their new retail offer at A.B. Won Pat International Airport, Guam at an official ribbon cutting ceremony today.
Following a 12-month, US $20million refurbishment investment to the transformation of the airport’s retail facilities, Governor Eddie Baza Calvo, Guam Airport Executive Manager Charles H. Ada II and Lotte Duty Free CEO Hong-Kyun Lee led a ribbon-cutting ceremony which included members of the 32nd Guam Legislature – as well as representatives from Lotte Duty Free, A.B. Won Pat International Airport Guam, Guam Visitors Bureau (GVB), major tourism partners and hotels, key airlines, local business partners and members of the local and international media.
The ribbon cutting ceremony included a tour of the newly refurbished retail facility as well as Lotte’s official signing of the Håfa Adai Pledge. The Håfa Adai Pledge program is a cornerstone of GVB’s local community branding campaign, aimed at engaging local businesses and non-profit organizations to make Guam a better place to live, work and visit.
Lotte Duty Free CEO Hong-Kyun Lee commented: “This is a very proud day for Lotte Duty Free, for everyone involved in helping us deliver on our vision and, most importantly, for the island of Guam. The retail offering we unveiled today stands alongside any airport in the world, as an exceptional shopping experience. It’s a fantastic impression of Guam, generating significantly increased revenues for the airport, and creating opportunities for the people and businesses of Guam. It showcases premium locally-made products alongside Lotte Duty Free’s luxury global brand lineup.”
Lotte Duty Free Guam runs a 24-hour operation, 365 days a year, with over 180 local employees.
Project specifics include:
The Guam Gateway
Lotte Duty Free along with retail design consultant Lightfoot Space, Guam-based Architects TRMA and General Contractor Black Construction – created a unique retail concept for the duty free concession, called the Guam Gateway. The project covers over 24,000 sqft of retail, the main airport thoroughfare, a refurbished food-court, renovated restrooms and other airport facilities, as part of the creation of a seamless passenger experience designed to maximize airside dwell-time in the commercial zone, and drive greater commercial revenues.
Sense of Place
At the heart of the Guam Gateway is strong representation of Guam’s traditional culture. After the security area is a life-sized model Carabao and cart, featuring made-on-Guam crafts, cookies and other local products. Beyond that is an iconic Latte stone feature leading into the Chamorro Hut entrance of the Guam Cultural Center. This new and unique concept blends cultural experiences with tributes to Guam landmarks such as Gadao’s Cave and Puntan dos Amantes (Two Lover’s Point), with souvenir merchandise and local products. A centerpiece of the Cultural Center is a 45,000-gallon aquarium teeming with fish as a final photo opportunity and memory of Guam’s spectacular marine environment.
World-class airport shopping
The overhaul of the commercial space saw the implementation of a semi-walkthrough format, including additional space being allocated for the core categories of Perfumes & Cosmetics and Liquor, Tobacco and Food. Alongside the core category stores, Lotte most recently completed the transformation of the airport’s boutique line-up, with nine new openings – Bally, Bulgari, Burberry, Chloe, Coach, Loewe, Salvatore Ferragamo, Tory Burch and Tumi. The Tory Burch boutique is a first for Guam Airport and only the third airport opening from the brand worldwide.
Other new brand introductions to Guam Airport from Lotte Duty Free include SKII, La Mer, Prada, Laneige, Sulwhasoo, Missha and Tony Moly in perfume and cosmetics. Liquor brands such as Moutai, Choya, Absolut, Baileys, Cointreau, Dom Perignon and Krug are newcomers, as are Toblerone, Neuhaus, Ferrero, Goldkenn and M&Ms in the food category. In watches and fashion accessories, the range has been enhanced with the presence of brands such as Brietling, Kate Spade, Tom Ford, Agatha, Folli Follie and Korean jewelry brand Stone Henge.
The celebration concluded with a luncheon reception at the newly opened Lotte Hotel in Tumon.