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HOTELS & TOURISM | Staff Reporter, Singapore

Tosei Corporation makes maiden foray into hospitality industry

Its newly-formed subsidiary will operate hotels.

Tosei Corporation has established a subsidiary to operate and manage hotels in Japan.

Tosei Hotel Management will manage hotels in the Tokyo area.

The group said that it is entering the hospitality industry to take advantage of rising visitor numbers to Japan.

Tosei has also decided to develop a hotel in Kanda, Chiyoda-ku of Tokyo. Construction will start in 2016, with the hotel slated to open in the autumn of 2017.

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