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Posted: 31 Aug 2010 | 6:00 am
In what many hotel industry analysts had pegged as a likely takeover target for global hotel players has turned into a domestic play with Hotel Okura now taking a leading ownership role in JAL Hotels.
Back of much speculation when Japan Airlines entered into bankruptcy proceedings early this year, the hospitality arm with brands Nikko and JAL City who have 60 properties in operation drew considerable interest.
The new marriage pairs Okura's 40 hotels into a larger group. In Thailand the TCC group is developing an Okura in Bangkok at a strategic location on Wireless Road and Sukhumvit which is set to open in 2012.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
While John Hardy and his Ubud Green School and Green Village have been at the groundswell of sustainable building materials, the area has sprouted other pioneering initiatives.
While we hope for the best that Phuket's new airport expansion will have some green focus, it's encouraging to view Singapore's Changi as setting a global standard.
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