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Posted: 28 Jan 2014 | 6:00 am
Fast rising budget hotel chain Tune has announced plans for 20 hotels to be fully operational in Japan by the year 2020.
Bangkok's Red Planet Hotels which is the franchise holder for much of Asia for the brand has set up a new JASDAQ - listed subsidiary - Red Planet Japan Inc. which will invest a reported USD100 million over the next six years.
Red Planet own a 17% stake in Tune itself and many industry insiders expect this number to increase.
Tune's first foray in Japan was the recent opening of a property in Okinawa.
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:
As part of worldwide international chain Hilton's carbon offset program, one of the benefactors is located here in Thailand.
The media is reporting that environmental advocates are voicing concerns about a proposed coal port and power plant in nearby Krabi.
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