The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago.
The acquirer is reportedly Japan Hotel REIT Investment Corp, which owns 51 hotels and is listed on the Tokyo Stock Exchange.
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TOKYO: (Bernama-Xinhua) The total number of overnight stays at hotels and inns across Japan reached an estimated 55.82 million in December 2024, marking a 6.3-per cent increase from the same month ...