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Hotel Okura Signs Multiple-Property Agreement With Asset World To Add Over 500 Rooms in Thailand

Asset World Corporation | May 24, 2024

Will also launch Chao Phraya River cruises this December TOKYO--Hotel Okura Co., Ltd. announced today that it signed a multiple-property framework agreement on May 17 with Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, to operate a new hotel being developed by AWC in Chiang Mai by 2028 and several (to be announced) Okura Group luxury hotels across Thailand by 2030, adding more than 500 rooms in the country. Separately, the two companies have also agreed that Hotel Okura will provide hospitality services for cruises to be launched on the Chao Phraya River starting this December. The hotel, w...

Hotel Okura Co. Plans The 390-Room Okura Prestige Yangon in Myanmar Slated to Open in 2020

Hotel Okura Co., Ltd. | July 31, 2017

TOKYO--Hotel Okura Co., Ltd. announced today that it will open The Okura Prestige Yangon, the first Okura Hotels & Resorts member hotel to operate in Myanmar, in 2020. For the operation and management of The Okura Prestige Yangon, Hotel Okura expects to sign a contract in August with a local alliance comprising Fujita Corporation, Tokyo Tatemono Co., Ltd., Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development and Yangon Technical & Trading Co., Ltd., a subsidiary of Ayeyar Hinthar Holdings Co., Ltd. The Okura Prestige Yangon will be a luxury hotel offering approximately 390 rooms in downtown ...

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....

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