Despite an already-booming Japanese tourist market, the government also has unveiled an ambitious plan to double the number of foreign visitors by the 2020 Tokyo Olympics.
Many, however, already find it is increasingly difficult to book an affordable room due to a serious shortage of beds.
And Hong Kong-based Look’s Asset Management has spotted that gap in the investment market and plans to buy up dozens of Japanese residential buildings in core areas and refurbish them into short-stay…
Source : South China Morning Post
Read more…Japan’s shortage of hotel rooms offers US0m window of opportunity for Hong Kong asset manager
