Heeton & KSH Holdings: Jointly Acquire Smile Hotel Asakusa In Tokyo, Japan.

15 Aug 2018 17:33

For this acquisition, Heeton and KSH will have an effective interest of 70% and 30% respectively. The 96 bedroom hotel will continue to operate under the Smile Hotel brand. The hotel is strategically located in a bustling district popular with tourists and locals for numerous Shinto festivals, close to Asakusa metro/train station. This hotel will be the property duo's second hotel property in Japan as the country continues to show attractive opportunities...

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