Japan’s tourism, economic growth attract fivefold increase in foreign investments in hotel assets
- Japan’s hotel sector drew a fivefold increase in overseas investment to US$691 million year to date amid a revival in the nation’s tourism fortunes
- A 3.4 billion yen acquisition deal by Hong Kong-listed Golden Resources Development for Japan’s Ni Corporation is likely to close as soon as the end of this month
Japan’s booming tourism industry is bringing back real estate investors to the hotel sector. Photo: Reuters
A road leads up to a lit ski slope in Niseko, one of Asia’s most popular ski resorts. Photo: Getty Images
source: South China Morning Post
