Foreign fund sells Sendai hotel
A business hotel developer and operator called Shogetsu Sangyo announced that they have purchased Hotel Hokke Club Sendai from a foreign fund.Read more
Prince Hotel Gamagori sold
Kuretakeso, a hotel and wedding hall developer based in Hamamatsu City, announced that they will be acquiring the Prince Hotel Gamagori from the Prince Hotel chain. The hotel will be handed over on March 30, 2012, and the name will be changed to Gamagori Classic Hotel. The hotel will be revamped as a resort hotel and will also be used for wedding ceremonies. The total investment, including renovations to the rooms, is estimated at 1 billion Yen.Read more