Japan developers boost hotel investment as foreign tourists flood in

TOKYO — Japan’s real estate companies are ramping up their investments in hotels as foreign tourists return to the country with a vengeance. Nittetsu Kowa Real Estate is entering the business and will invest 40-50 billion yen (around $270,000-$330,000) in hotels over five years. NTT Urban Development will increase the number of hotel rooms it […]

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