Intrance Co., Ltd. Expands into Hotel Management

Intrance Co., Ltd. (JP:3237) has released an update.

Intrance Co., Ltd. has announced a strategic hotel management agreement with Tokyu Land Corporation to operate a new hotel in Sapporo City, Hokkaido, signaling an expansion into the hotel industry alongside its real estate business. The agreement is part of a broader strategy to capitalize on future inbound tourism and regional development, with plans for the hotel to begin construction in May 2025 and open in spring 2027. This move is expected to contribute to the company’s earnings growth and marks their first step into urban apartment hotel development.

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