Japan Hospitality August 2016
12 August 2016
Japan's hotel sector is still growing despite global economic uncertainty. Tourists continue to visit the country in record-breaking numbers. Revenue and room rates are climbing nationwide. Occupancy conditions are beginning to show signs of slight loosening, although they are still very tight.
Sale Completed for Urawa Royal Pines Hotel in Japan
05 April 2016
Savills Hotels is pleased to announce that the sale of Urawa Royal Pines Hotel in Saitama, Japan, was completed on 1st April 2016. This hotel was acquired by United Urban Investment Corporation, one of the leading J-REITs in Japan, for JPY 17.5 billion. Savills acted as the exclusive agent for the seller, Godo Kaisha URP.
Read full article
All content © copyright 2016 Savills. All Rights Reserved.