Expansion into the Hotel Operator Business
First written in FY2016-Q3. 3 of 5 entries say "Restated". Latest entry: FY2020-Q2.
4 other companies' latest entry also says "Advanced".
- FY2020-Q2AdvancedAnnual report
「In April 2020, we invested in SQUEEZE, which develops hotel operating systems and operates hotels. Through our participation in the hotel operations business, we aim to strengthen and diversify our real estate operations business.」
In addition to the conventional hotel development and operations policy, the company advanced its participation in the hotel operator business through an investment in a company that develops hotel operating systems. - FY2018RestatedAnnual report
「We aim to become a unique integrated developer with operations capabilities suited to the ways in which real estate is used, rather than merely developing real estate.」
The direction of becoming an integrated developer with operations capabilities, including hotel management and related businesses, continues. - FY2017RestatedAnnual report
「We aim to become a unique integrated developer with operations capabilities suited to the ways in which real estate is used, rather than merely developing real estate.」
The direction of becoming an integrated developer with operations capabilities, including hotel management, continues. - FY2016RestatedAnnual report
「We are promoting the expansion of our business scope by creating and strengthening operations businesses, including condominium management, cafés, hotel operations and renovations.」
The direction of expanding into hotel operations in addition to hotel development is reiterated as part of the business scope of エスコンリビングサービス. - FY2016-Q3First statedAnnual report
「As we focus on the hotel development business, we entered into a business alliance with BALNIBARBI Co.,Ltd. in July 2016, with a view to expanding into hotel operations in addition to development. We have invested in the business involving CALENDAR HOTEL, a simplified accommodation facility operated by BALNIBARBI Co.,Ltd. at JR Otsu Station, which opened in October 2016.」
In addition to developing hotel sites, the company is considering expansion into hotel operations through its alliance and business investment with BALNIBARBI Co.,Ltd.