Japan 'Love Hotels' Owner Seeks Pounds 50m for Growth
Evening Standard - London › May 18, 2009
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Summary
JAPAN Leisure Hotels, the euphemistically named firm that rents out rooms by the hour, wants to raise up to Pounds 50 million from investors to fund rapid expansion.
The AIM-listed group wants to buy up scores of rival "love hotels" in Japan as it seeks to consolidate a sprawling industry.See the full content of this document
Extract
Japan 'Love Hotels' Owner Seeks Pounds 50m for Growth
At the moment JPLH has only six hotels, w...
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