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Japan Hotel REIT: Reopen of Oriental Hotel Fukuoka Hakata Station after Major Renovation

April 9, 2019
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Oriental Hotel Fukuoka Hakata Station (Graphic: Business Wire)

TOKYO--(BUSINESS WIRE)--Apr 8, 2019--Japan Hotel REIT Investment Corporation (TOKYO: 8985) (hereinafter called “JHR”) is pleased to announce that Oriental Hotel Fukuoka Hakata Station (hereinafter called the “Hotel”) reopened today after a six-month construction for renovation.

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Oriental Hotel Fukuoka Hakata Station (Graphic: Business Wire)

The hotel is conveniently located at a minute walk from JR Hakata Station and has a direct access to Subway Hakata Station in the basement, providing direct connection to Fukuoka Airport (five minute train ride from Subway Hakata Station to Fukuoka Airport).
In order to make the best use of attractive location facing the station, extensive knowledge and know-how were exploited by JHR and Hotel Management Japan Co., Ltd., the hotel operator. While the number of guest rooms increased to 221 from 194, hotel facilities such as fitness gym and rooftop garden on the 5th floor were newly added for a more comfortable stay by guests. All the guest rooms were renovated to accommodate at least two people with room layouts suitable for inbound and domestic leisure guests. By extensive revision of banquet and meeting rooms, the hotel better satisfies diverse needs of various hotel customers.

JHR actively aims to enhance sustainability, including improvement of environmental performance of JHR’s hotel portfolio. For this renovation, major facilities such as electricity, heating, ventilation and air conditioning were replaced by taking energy saving and environmental impact into consideration, and management cost reduction was pursued by extensive revision of the common area plan optimizing the line of flow for operations.

* Website of Japan Hotel REIT Investment Corporation: http://www.jhrth.co.jp/en
* Website of Japan Hotel REIT Advisors Co., Ltd. : http://www.jhra.co.jp/en/
* Website of Oriental Hotel Fukuoka Hakata Station: https://www.oriental-hotels.com/fukuoka-hakatastation/en/

This English translation is provided for information purposes only. If any discrepancy is identified between this translation and the Japanese original, the Japanese original shall prevail.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190408005875/en/

CONTACT: REIT Issuer:

Japan Hotel REIT Investment Corporation (TOKYO: 8985)

Kaname Masuda, Executive DirectorAsset Management Company:

Japan Hotel REIT Advisors Co., Ltd.

Hisashi Furukawa, Representative Director and President

Contact:

Makoto Hanamura

General Manager

Investor Relations Department, Operations Division

TEL: +81-3-6422-0530

KEYWORD: ASIA PACIFIC SINGAPORE HONG KONG JAPAN

INDUSTRY KEYWORD: TRAVEL DESTINATIONS LODGING INTERIOR DESIGN REIT ENVIRONMENT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: Japan Hotel REIT Investment Corporation

Copyright Business Wire 2019.

PUB: 04/08/2019 11:31 PM/DISC: 04/08/2019 11:31 PM

http://www.businesswire.com/news/home/20190408005875/en