Market Watch - Malaysia

“Malaysia’s YTL acquires Spanish firm, will develop Madrid Edition”

“Malaysian conglomerate YTL Corp., through its wholly owned subsidiary YTL Hotels & Properties, is acquiring Spanish firm Sol HTL Project for $250 million from KKH Property Investors SLU.” by Jena Tesse Fox (Hotel Management)  

Market Watch - Japan

“Think tank says 2025 Osaka Expo will draw 3 million visitors from abroad”

“Given the sharp increase in the number of visitors to Japan in recent years, the percentage of foreign visitors to the Osaka Expo is projected to rise to around 10 percent from the roughly 5 percent who attended the 2005 Expo in Aichi Prefecture. The Osaka Expo will bring positive economic effects totaling ¥1.3 trillion… Continue reading “Think tank says 2025 Osaka Expo will draw 3 million visitors from abroad”

Market Watch - Japan

“Hospitality Market in Japan Increasingly Bifurcated between High- and Low-End Options”

“The hotel industry in Japan is evolving, with new lodging models emerging, some of which incorporate elements of the burgeoning sharing economy. A panel of real estate and hotel experts at the ULI Japan Fall Conference, held in Tokyo in November, discussed the “capsule hotel” and other models in Japan.” - by Mark Cooper (Urban… Continue reading “Hospitality Market in Japan Increasingly Bifurcated between High- and Low-End Options”

Market Watch - Japan

“Hotel Chocolat continues global expansion with new store in Japan”

"The British luxury chocolatier had announced in September it planned to open stores in Japan as part of its “test, learn, grow” approach of expansion. Its new store in Japan is located at Tokyo’s Aeon Lake Town shopping mall, which is the largest in the country." – by Shawn Lim (The Drum magazine)