HOTEL SHILLA CO.,LTD is a Korea-based company principally engaged in the operation of duty free shops. The Company operates its business through two segments: travel retail segment and hotel and leisure segment. The Travel Retail Segment is mainly engaged in the operation of duty free shop. The duty free shop engaged in sales of foreign famous brand products and local products. The duty free shop has products include cosmetics, watch, perfume, clothes and bags. The Hotel and Leisure Segment is mainly engaged in the hotel and leisure business. The Company operates its business within the domestic market and to overseas markets, including America, China and Singapore.