Announced details
Hotel operations, accommodation, and tourism and business demand in central Tokyo
11 hotels concretely identified, leaving 9 of the 20 hotels targeted for confirmed openings by fiscal 2030
T&G will undertake the operation of a hotel that Columbia Works Inc. plans to develop. No capital or personnel relationship is stated.
Head office: 2-17-1 Shibuya, Shibuya-ku, Tokyo; Representative Director: Nakauchi Jun (中内 準). The company operates businesses including real estate development for residences, hotels, offices and medical facilities, real estate development services, real estate leasing and management services, and hotel operating services.
Minato-ku, Tokyo
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
Medium-Term Management Plan, “EVOL2030 Final Stage Toward 2035 Vision”
| Item | Details |
|---|---|
| Names of Products / Services Covered | Operation of a new luxury hotel in Minato-ku, Tokyo |
| Counterparty | Columbia Works Inc. |
| Counterparty overview | Head office: 2-17-1 Shibuya, Shibuya-ku, Tokyo; Representative Director: Nakauchi Jun (中内 準). The company operates businesses including real estate development for residences, hotels, offices and medical facilities, real estate development services, real estate leasing and management services, and hotel operating services. |
| Relationship with the Company | T&G will undertake the operation of a hotel that Columbia Works Inc. plans to develop. No capital or personnel relationship is stated. |
| Contract Date | 11 November 2026 (announcement of the execution of an agreement concerning the operation of the hotel) |
| Launch date | Fiscal 2030 (scheduled) |
| Applicable area | Hotel operations, accommodation, and tourism and business demand in central Tokyo |
| Location | Minato-ku, Tokyo |
| Quantitative Effects | 11 hotels concretely identified, leaving 9 of the 20 hotels targeted for confirmed openings by fiscal 2030 |
| Source | Medium-Term Management Plan, “EVOL2030 Final Stage Toward 2035 Vision” |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.T&G has positioned its hotel business as a pillar of medium- to long-term growth and believes that combining Columbia Works Inc.'s real estate development capabilities with T&G's planning expertise and hotel operating know-how can create new value in Tokyo's central accommodation market. T&G also cited continued strong accommodation demand in central Tokyo, driven primarily by inbound tourism.