Themepark operator acquires 1,000-ha resort operator in Izu

A theme park developer and operator has acquired Izu Kanko Kaihatsu Co., Ltd. from Tokyu Land Corporation in a share buyout. The Shizuoka-based company, established in 1960, develops and operates hot spring holiday home neighborhoods, golf courses, and hotels covering a 1,000-hectare site in the Izu region.

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