Building the Industry’s No. 1-Quality Hotel Chain
First written in FY2022-Q3. 5 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will continue steadily expanding the number of hotels under operation with the aim of reaching a 250-hotel network in Japan and overseas.」
As an asset-light hotel operator, the Group continues to expand toward a 250-hotel network through the acquisition of Ace Group International LLC as a subsidiary and the opening of new hotels in Japan and overseas. - FY2023-Q3AdvancedAnnual report
「The Prince Park Tower Tokyo and 3 other properties were transferred as of 30 September 2022, and 6 properties including Naeba Prince Hotel were transferred as of 1 December 2022. From each transfer date, they were changed from the domestic hotel business (ownership and leasing) to the domestic hotel business (MC and FC).」
The change from hotel ownership and leasing to MC and FC was implemented for the December properties following the 4 properties transferred in September, advancing the shift to an outsourced operating model. - FY2023-Q2AdvancedAnnual report
「The Prince Park Tower Tokyo, Sapporo Prince Hotel, Grand Prince Hotel Hiroshima and The Prince Kyoto Takaragaike, which were transferred as of 30 September 2022, were changed from the domestic hotel business (ownership and leasing) to the domestic hotel business (MC and FC) from the same date.」
In line with the policy of separating hotel asset ownership from operations, 4 properties were changed from the ownership and leasing category to the MC and FC category. - FY2023-Q1AdvancedAnnual report
「On 1 April 2022, an absorption-type company split was carried out with 株式会社プリンスホテル, a consolidated subsidiary of the Company, as the splitting company and 株式会社西武・プリンスホテルズワールドワイド, also a consolidated subsidiary of the Company, as the successor company.」
The organisational restructuring separating hotel asset ownership from operations was implemented on 1 April 2022, and the hotel operating company was formally established. - FY2022AdvancedAnnual report
「Through this organisational restructuring, 株式会社西武・プリンスホテルズワールドワイド, which will become the hotel operating company, aims to build a hotel chain with No. 1 quality in the industry as the core of the hotel and leisure business. Through an asset-light model, namely by reducing owned assets and developing the business with greater flexibility, the company aims to generate returns exceeding the expectations of owners inside and outside the Group.」
The organisational restructuring separating hotel asset ownership from operations took effect on 1 April 2022, and an operating company was established with the aim of building a hotel chain with No. 1 quality in the industry. - FY2022-Q3First statedAnnual report
「Through this organisational restructuring, 株式会社西武・プリンスホテルズワールドワイド, which will become the hotel operating company, aims to build a hotel chain with No. 1 quality in the industry as the core of the hotel and leisure business. Through an asset-light model, namely by reducing owned assets and developing the business with greater flexibility, the company aims to generate returns exceeding the expectations of owners inside and outside the Group.」
The goal of building a hotel chain with No. 1 quality in the industry was explicitly stated for the first time through organisational restructuring separating hotel asset ownership from operations.