Domestic tourism to drive Japan hotel recovery - JLL
The road back for Japan's hotel industry is set to be characterised by domestic tourism, pricing reassessments of assets and limited distressed sales in the short term, according to JLL.
Japan's JW Marriott Nara becomes 800th Marriott International hotel to open in the Asia Pacific
The Nara Prefecture in Japan has played host to a Marriott milestone, welcoming the company's 800th Asia Pacific hotel in the form of JW Marriott Nara.
Ritesh Agarwal, Founder & Group CEO, OYO to forego 100% of his annual salary, and the executive leadership team to take voluntary salary cuts
CEO of OYO, Ritesh Agarwal, to forego 100% of his salary for rest of the year effective Apr' 2020. With Travel, Hospitality & Tourism sectors among the worst affected by COVID-19, OYO's entire executive leadership (CXOs) team takes a voluntary pay cut, starting at 25%.
February apartment transactions reach 12-year high - REINS
New data from REINS has shown that apartment sales across Tokyo's three central wards, Chiyoda, Chuo and Minato, increased by more than 40 per cent from January to February.
JR East, Kinokuniya & Muroo Co. Ltd Partner With Infarm To Power Urban Farming Expansion To Japan
The agreement marks the first expansion of Berlin-based urban farming company to Asia, offering produce freshly-harvested at JR East-owned Kinokuniya retail locations in Tokyo starting in summer 2020. An additional distribution partnership with Muroo Co. Ltd will drive Infarm's national...
