Katanning hotel back trading with new licensee.
The Japanese hotel chain Kanning will move its hotel portfolio back to Tokyo Resorts International (KRI), the company announced on December 12.
KRI has owned the facility in Osaka since 2007. This move comes after KKA announced earlier this month it has no 울산출장마사지intention of moving the KKA Tokyo-listed hotel until at least early December, 2017.
Tokyo Resorts said it hopes to complete the restructuring of the new, more traditional hotel by the end of the year. The company said it plans to move most of its hotel sales to more traditional Japanese hotel brands, rather than KKA, in order to compete more directly with the more established and dominant chains.
“We have no intention to change our hotel strategies today, and we intend to start with KKA as soon as possible, to meet the e경주출장마사지volving market,” Osaka Resorts Chairman Akira Sato said in a statement.
KRI will remain the largest licensed hotel operator in Japan, accounting for 43포커 족보 percent of the country’s hotel revenue. KKA, on the other hand, has been expanding its own hotel business and has seen its market share increase to more than 37 percent.