South Korean Hotel Lotte Co., Ltd signed an agreement on management of Tashkent Palace Hotel with the National Bank of Uzbekistan for Foreign Economic Activity and Tashkent Palace New LLC.In line with the agreement, the Kores side will manage the hotel for ten years.

The name of the hotel was replaced from Tashkent Palace Hotel to Lotte City Hotel Tashkent Palace. The hotel was closed to reconstruction. Within several months, the hotel was reconstructed to comply with international standards and to meet requirements of Lotte hotels network.

The hotel offers to its guest 232 comfortable rooms with choices of nice views to courtyard (Garden with the pool) and the Opera House with a beautiful fountain in front of it. The ultimate comfort of bed and interior leads to a successful business, and high quality amenities help refresh the mind. All the rooms and hotel facilities are designed to make stay of the guests unforgettable.

Lotte City Hotel Tashkent Palace has several restaurants, bars, training facilities, sauna, spa-saloon, halls for conferences and banquets.

The hotel was built in 1958. The building is also recognized as a cultural heritage of Uzbekistan.