Domestic tourism to drive Japan hotel recovery - JLL
The road back for Japan's hotel industry is set to be characterised by domestic tourism, pricing reassessments of assets and limited distressed sales in the short term, according to JLL.
Ritesh Agarwal, Founder & Group CEO, OYO to forego 100% of his annual salary, and the executive leadership team to take voluntary salary cuts
CEO of OYO, Ritesh Agarwal, to forego 100% of his salary for rest of the year effective Apr' 2020. With Travel, Hospitality & Tourism sectors among the worst affected by COVID-19, OYO's entire executive leadership (CXOs) team takes a voluntary pay cut, starting at 25%.
East Japan Railway Co. to Open JAPAN RAIL CAFE at Tokyo Station as Site Where Foreign Visitors Interact with One Another
East Japan Railway Co. (JR East) will open "JAPAN RAIL CAFE" at Tokyo Station on March 5, 2020, as a site where visitors from overseas can interact with one another and gather seasonal travel information on Japan.
JR East, Kinokuniya & Muroo Co. Ltd Partner With Infarm To Power Urban Farming Expansion To Japan
The agreement marks the first expansion of Berlin-based urban farming company to Asia, offering produce freshly-harvested at JR East-owned Kinokuniya retail locations in Tokyo starting in summer 2020. An additional distribution partnership with Muroo Co. Ltd will drive Infarm's national...
Akiya banks: Real estate listings promoting sales of abandoned Japanese homes
Akiya — abandoned homes — can be an affordable option for entering the real estate market in Japan. Here are some tips for how to find them and what to consider.
Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano
Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.
The future of Airbnb in Japan: Cloudy, with a strong chance of bureaucracy
The homesharing law that looked set to level the playing field seems to be closing it off instead, and Japan Airbnb renters are growing increasingly concerned about their investments.
