Japan Airlines International (JALI), a
subsidiary of Japan Airlines Corporation (JAL) is selling 79.6% of
its shares in JAL Hotels (JHC) to Hotel Okura in a stock
The brand names of Hotel Nikko and Hotel
JAL City will be retained with no change to the Mileage Program so
hotel guests can continue to accumulate miles and
use JAL coupons at JHC hotels.
Hotel Okura started with its first
property - Hotel Okura Tokyo, in 1962 prior to the Tokyo Olympic
Games. Since then, it has become a leader in its industry in
Japan, operating a total of 21 hotels in major cities - 16 in
Japan and 5 overseas, including at famous resort destinations.
Since its founding in 1970, JHC has become one of few Japanese
hotel operators to develop into a major international franchise.
It manages a total of 58 hotels (18,087 rooms) with 40 properties
in Japan and 18 overseas, operating Hotel Nikko as its flagship
brand and Hotel JAL City as a complementing chain of high quality
JHC is slated to launch 6 new establishments in
Asia - 5 within China and 1 in Vietnam; Hotel Nikko Wuxi (500
rooms) and Suzhou Qingshan Resort Hotel (90 rooms) will be
inaugurated this year, while the Hotel Nikko Guangzhou (411 rooms), Hotel
Nikko Xiamen (436 rooms) and Hotel Nikko Saigon (335 rooms) will
year. The Hotel Nikko Suzhou (475 rooms) is scheduled to open by 2013.
Outside of Asia,
the five-stars Hotel JAL Tower Dubai (471 rooms) will become the
first major Japanese-managed hotel in the United Arab Emirates
when it opens this year.
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