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Hongkongers pour fresh capital into Japan’s booming hospitality sector
From individuals to large companies, Hong Kong-based investors are flocking to Japan’s lodging and retail property sector – venturing even into non-traditional hotel segments – driven by the value they see in potential financial returns and other meaningful rewards.
“Japan’s hotel sector continues to attract international capital given its positive tourism fundamentals and this is likely to lead to a rise in transactions in 2025,” said Shaman Chellaram, senior director for Asia valuation and advisory services at Colliers.
The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects. Apart from that, the country’s interest rate at 0.25 per cent is one of the lowest in the world.
Beyond conventional and traditional investment in tourist-related segments, Hong Kong-based groups and individuals are also going against the mainstream investment routes in Japan’s booming tourist sector.
For Hong Kong-listed Golden Resources Development, investment in Japan represents diversification beyond its core businesses of rice production and operating the Circle K convenience store chain in Vietnam. The Niseko-based Hirafu “retailtainment” hub is now billed as the company’s third business pillar, according to group executive chairman Laurent Lam Kwing-chee.
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