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Event Brief

Lotte Hotel acquires New York hotel site for $490 mln

Lotte Hotel & Resorts has purchased a hotel site in New York for $490 million.
WHO: Lotte Hotel & Resorts
WHAT: Acquisition of hotel site
WHEN: Dec 14, 2025 at 7:00 PM ET
WHERE: New York, USA
WHY: Expansion of hotel operations
Sources (1): Yonhap Korea

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