Acquisition yield at 4.3% is higher than blended exit yield of about 2% for four divested properties in JapanSingapore, ...
The acquirer is reportedly Japan Hotel REIT Investment Corp, which owns 51 hotels and is listed on the Tokyo Stock Exchange.
The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago.
Kochi Ekimae Kanko recently unveiled its new bus equipped with special seats that unfold into flat bunk beds. The bus seats 24 passengers and will begin weekly service on a trial basis between Tokyo ...
KKR & Co. and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel REIT Investment Corp.
Travellers will be expanding their itineraries to less crowded hidden gems, savouring their holidays at a slower pace, ...