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August 01, 2015 4:47 PM ET

Hotels, Restaurants and Leisure

Company Overview of Hotel Okura Co.,Ltd.

Company Overview

Hotel Okura Co.,Ltd. owns, operates, and manages a chain of hotels, resorts, and restaurants. The company was formerly known as Taisei Kanko Co., Ltd. and changed its name to Hotel Okura Co.,Ltd. in January 1987. Hotel Okura Co.,Ltd. was founded in 1958 and is based in Tokyo, Japan with hotels in Sapporo, Chiba, Tokyo, Niigata, Karuizawa, Hamamatsu, Kobe, Fukuoka, Ibaraki, and Kanagawa, Japan; Macau and Shanghai, China; Jeju and Seoul, South Korea; Taipei, Taiwan; Bangkok, Thailand; and Amsterdam, the Netherlands. It also has sales offices in Sapporo, Tokyo, Nagoya, Osaka, and Fukuoka, Japan; Seoul, South Korea; Hong Kong; Taipei, Taiwan; New York, New York; Los Angeles, California; London, ...

2-10-4 Toranomon

Minato-ku

Tokyo,  105-0001

Japan

Founded in 1958

Phone:

81 3 3582 0111

Fax:

81 3 3582 3707

Key Executives for Hotel Okura Co.,Ltd.

Chief Executive Officer, President and Representative Director
Senior Managing Corporate Executive Officer and Representative Director
Senior Managing Corporate Executive Officer and Representative Director
Managing Corporate Executive Officer and Executive Director
Managing Corporate Executive Officer and Director
Compensation as of Fiscal Year 2015.

Hotel Okura Co.,Ltd. Key Developments

Hotel Okura Co. Expands into Turkey with Okura Spa & Resort Cappadocia

Hotel Okura Co.,Ltd. announced it will open Okura Spa & Resort Cappadocia (tentative name) in 2017, its first property in the Republic of Turkey, and also the first hotel in Turkey operated by a Japanese hospitality company. Hotel Okura, through its joint venture Okura Sarayli Otel Yönetim A.S., signed a hotel management contract in April with TCM Turizm Otelcilik Hizmet Tasimacilik Insaat A.S, a subsidiary of Ungun Holding, to open Okura Spa & Resort Cappadocia. Cappadocia, one of the most famous UNESCO World Heritage Sites, is best known for its unique moon-like landscape, underground cities, cave churches and houses carved from stone, and is a very popular tourist destination. The luxury resort will be constructed near the main tourist attractions, in Mustafapasa, a picturesque historic town that features typical Greek mansion architecture carved from stone, serving as a reminder of a prosperous past when Greek-Ottoman merchants lived in the region. The 130-room resort will feature upscale accommodations, including suites with Jacuzzis, a spa, indoor/outdoor pools, and dining and meeting facilities. It will be built as a luxury oasis and base for sightseeing in Cappadocia.

Hotel Okura Co., Ltd. Signs Sales Partnership Agreement with Shiroyama Kanko Co., Ltd

Hotel Okura Co., Ltd. announced that it signed a sales partnership agreement with Shiroyama Kanko Co., Ltd. which makes the company’s Hotel Shiroyama Kagoshima the latest addition to Okura Hotels & Resorts as of April 1, 2015.

Hotel Okura Co.,Ltd. Announces New Hotel Okura Luxury Property Being Built in Phnom Penh, Cambodia

Hotel Okura Co. Ltd. announced it will open The Okura Prestige Phnom Penh, a luxury hotel to be built in Cambodia's capital, Phnom Penh, in 2019. Hotel Okura has signed an agreement to manage the hotel with TEHO Development Cambodia Pte Ltd. It will be the first luxury hotel in Cambodia managed by a Japanese hotelier. The hotel will be part of The Bay, a new residential and commercial complex, with an estimated value of over USD 500 million, ideally located on the Chroy Changvar Peninsula between the Tonle Sap and Mekong Rivers, the fast-growing capital's new hot spot. Expected to be the tallest building in Cambodia, the 45-story hotel will offer an expansive view of the city and the Royal Palace across the Tonle Sap River.

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