March 18, 2010

J-Will Partners to Sell Hotel Kinugawa Gyoen

J-WILL Partners, one of the largest independent investment funds in Japan, will sell Hotel Kinugawa Gyoen to Ooedo Onsen Monogatari according to Nikkei. J-WILL Partners originally invested in the bankrupt hotel in 2006. Hotel Kinugawa Gyoen, located in the Kinugawa Hot Spring area in Tochigi Prefecture, is a relatively large scale resort hotel which can accommodate 1300 people.

Ooedo Onsen Monogatari, known for its hot spring facilities in the Tokyo Bay area, runs more than 10 resort hotels in hot spring areas nationwide.

No comments: