Hotel Okura Co. to Establish Okura Nikko Hotel Management Co., Ltd.

Hotel Okura Co., Ltd. | August 20, 2015

TOKYO--August 20, 2015--Leading Japanese hospitality company Hotel Okura Co., Ltd. will reorganize its group companies and establish a new corporate entity, Okura Nikko Hotel Management Co., Ltd. The reorganization is intended to consolidate and strengthen the company's hotel management business. Effective October 1st, Okura Nikko Hotel Management Co., Ltd. will operate three hotel groups, Okura Hotels & Resorts (26 luxury properties in 7 countries), Nikko Hotels International (37 luxury properties in 8 countries) and Hotel JAL City (11 mid-priced properties in Japan). The reorganization will merge and replace two of Hotel Okura Co....