Apartment hotels are favored by some developers and hospitality companies in Japan, given the influx of overseas tourists and some of the perceived benefits of long-stay accommodations as an asset class.
¡°To actively capture surging inbound leisure demand, hotel operators have accelerated the diversification of offerings,¡± said Kentaro Nakamura, senior vice president at Jones Lang LaSalle¡¯s Hotels (JLL) and Hospitality Group in Tokyo.
¡°Apartment hotels have been built for this kind of demand.¡±
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