United Kingdom
United States
Asia Pacific
Hawaiian real estate firm to launch new hotel brand in Japan
Hawaii-based real estate firm Trinity Investments LLC plans to launch several limited-service hotels in collaboration with Japan’s Hotel Okura Co.
Trinity said it will aim to raise about $300 million in equity to fund the new brand which will be named Nikko Style.
The new brand is targeting leisure and business markets and the first hotel is scheduled open in 2020.
Trinity CEO Sean Hehir said they plan to open 20 to 30 Nikko Style hotels across the country, including in Tokyo, Osaka and Fukuoka.
It may then expand to other Asia markets, North America and Europe.
"When we looked at the current hotel offerings, there were a lot at the budget end and also at the full-service end," Hehr said.
"There wasn’t as much activity in the select-service space we’re targeting. There’s still a very wide-open market for select-service in Japan."
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled