| Daily news, 01 Dec 2008 |
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SINGAPORE – Park Hotel Group further expands its properties in Asia-Pacific with the acquisition of Hilton Otaru in Japan’s Hokkaido prefecture. With the acquisition, the 296-room property will be re-branded as Grand Park
Otaru.
The five-star hotel is located on Ishikari Bay, just 35 kilometres away from Sapporo, the largest city in Hokkaido. The 18-storey hotel is located in the sea-trading port of Otaru, one of Japan’s top tourist destinations.
“Hilton Otaru is our first Japan acquisition and we have plans to further expand into various areas in Japan, including Tokyo, Osaka and Okinawa. After establishing ourselves in Singapore and China, our first acquisition in Japan is yet another step towards expanding our network of strategically located hotels in key cities throughout Asia-Pacific,” Park Hotel Group director, Allen Law, said.
Besides three hotels in China, Park Hotel Group also owns and manages Park Hotel Hong Kong and three properties in Singapore including the new-built Park Hotel Clarke Quay due to open in March 2009. |
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