Monday 8 April 2019

Japan Hotel REIT Investment Corporation acquires Hilton Tokyo Odaiba

KUALA LUMPUR, April 8 (Bernama) -- Japan Hotel REIT Investment Corporation (JHR) has acquired Hilton Tokyo Odaiba for JPY62.4 billion today, bringing its portfolio to 43 hotels in the Land of the Rising Sun. (100 JPY = RM3.68)

Hilton Tokyo Odaiba is a large-scale, full-service hotel with a 4-star rating, located in Odaiba, one of the most popular tourist destinations in Tokyo.

The hotel consists of 453 guest rooms provided with breathtaking views of the city skyline over Tokyo Bay. It is equipped with facilities that satisfy various demands from business and leisure customers as a full-service hotel providing sophisticated services by Hilton.

At the 2020 Tokyo Olympics and Paralympics, various events will be held in Odaiba area while the International Broadcasting Centre and Main Press Centre are situated near the Tokyo Big Sight.

The hotel market in the area is expected to grow further as it will attract global attention through the Tokyo Olympics and Paralympics, according to a statement.

Under these favourable circumstances, JHR will pursue to enhance the attractiveness of Hilton Tokyo Odaiba, in cooperation with the hotel operator, Hotel Management Japan Co Ltd.

For more information, contact http://www.jhrth.co.jp/en.

-- BERNAMA

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