Welcome, visitor! [ Register | Login rss Google+ facebook twitter LinkedIn Pinterest FeedBurner

Business hotel operator, Toyoko Inn, plans to open hotels in Germany, France and possibly US

| Travel and Tourism News | 08/20/2014

Toyoko Inn

Toyoko Inn to open business hotels in Europe, US
Date: Aug 21, 2014
Source: Nikkei

TOKYO — As part of its Western expansion, business hotel operator Toyoko Inn plans to open hotels in Germany and France and possibly the U.S.

In doing so, it is building on an overseas adventure that already includes six hotels in South Korea and plans for a move into Cambodia next March.

Toyoko Inn’s idea is to operate hotels like it does in Japan: focusing on businesspeople seeking inexpensive accommodations. It will offer rooms priced around 10% cheaper than comparable hotels in a given area.

The first of the hotels will open at the end of 2015 in Frankfurt, Germany. The eight-story hotel will feature 9,400 sq. meters of floor space and around 400 rooms. Figuring that 90% of the customers will be local businesspeople, pricing will start from about $50 per night for a single-occupancy room.

The company plans to open a hotel sometime in or after 2016 in France’s southern city of Marseille.

Toyoko Inn is also considering advancing into the U.S. with business hotels in New York and other major cities. It will either construct its own hotels or operate them on behalf of building owners.


301 total views, 1 today


Sponsored Links

Leave a Reply

Japan Tech News

fove vr headset
Kickstarter set to launch in Japan, where hardware startups are finding it hard
A Japanese startup shows off its VR headset. Photo credit: […]
Tue, May 23, 2017
Tech in Asia: Japan

SEED Solutions – Components for Next-Generation Robot Development
SEED Solutions – Components for Next-Generation Robot Development
THK exhibited its “SEED Solutions” components for next-generation robots at […]
Wed, Nov 30, 2016
DigInfo TV