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GREAT HOTEL SALE? Bankrupt Japan Airlines To Shed Hotel Assets

Category: Hotels, Posted:25 Jan 2010 | 06:00 am

Back of the bankruptcy of national carrier Japan Airlines reports in the financial press point that the airline will be forced to liquidate non-core assets which speculation suggests would include its hotel management arm and owned properties.
Currently JAL Hotels Company Ltd. under its Nikko Hotels International operates 45 hotels with 16,186 rooms while domestic geared Hotel JAL City has 13 properties with 2,526 room. That comes up to a total of 58 hotels or 18,712 rooms.
While the Global Financial Crises (GFC) has seen muted merger and acquisition activity, all signs point to the prospects of this perhaps being the deal to be done in 2010.

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Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
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Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
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Samui’s Booming Villa Rental Marketed Featured in New C9 Hotelworks Report

Category: Hotels|Real estate, Posted:11 Jun 2024 | 07:04 am Standalone villas shake up traditional hospitality supply as the market rises. Increasing demand for multi-bedroom accommodation growing, coupled with a preference for spacious and private villas according to new research from C9 Hotelworks in their new Samui Villa Rental Market Review. In recent years, private villas rented as vacation homes have emerged as a significant […]
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