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...“Spain is flourishing due to record tourism numbers and robust operational performance from the hotel operators,” said CBRE head of hotels for Europe Kenneth Hatton....
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...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
Stock exchange set to ‘name and shame’ companies lacking plans to boost their book value
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
Tokyo stock exchange demands action in a bid to lift valuations and improve corporate governance
...kana.inagaki@ft.com...
...The average age in the country was 37.2, and Japan was in a boom of karaoke parlours, bowling alleys, racecourses and resort hotels. The best golf courses were charging $2.6mn for membership....
Japanese printer and camera maker’s nanoimprint lithography technology could challenge industry leader ASML
...“In the short term this could be a bit challenging for hotels . . . but in the medium term it’s much better to have a flexible stock of Airbnb oversupply as opposed to permanent expansion of hotel room stock...
...Keith Rodgers, managing director at real estate company Taiga, says the market is also moving higher end, with a profusion of luxury hotels and resorts that are expected to open in the next three years....
Opposition from rival SK Hynix puts brakes on Bain Capital’s ambitions to create US-Japan chip giant
Japanese manufacturer works on new approach as it targets big increase in electric vehicle production
...Hotels were the only part of the market to see a rise in transactions. The sector has enjoyed a post-Covid resurgence in travel that has boosted dealmaking....
Analysts had expected an upgrade after tech group raised $5bn in listing
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Toyota appears close to a manufacturing breakthrough that could accelerate the transition to electric vehicles. But will the technology ever be commercially viable?
...Hotel Chocolat’s acquisition last week by Mars handed a sweet payout of £280mn to the UK boutique chain’s founders. It also filled a hole in the family-owned US confectionery giant’s brand mix....
...Clarke ruled out changing Hotel Chocolat’s recipes. Hotel Chocolat last year announced the closure of its US stores after heavy losses and wrote off its investment in a Japanese joint venture....
...As our colleagues Leo Lewis and Kana Inagaki reported yesterday: Japanese finance officials have privately told analysts that they do not believe the yen’s recent weakening is justified by the BoJ’s historic...
Beijing suspends aquatic imports after Tokyo makes first discharges into Pacific from damaged nuclear site
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...The big hotel openings of 2024....
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