Polaris Holdings (TYO:3010) signed an MOU with Star Asia Management to manage a new hotel in Central Tokyo's Ueno/Okachimachi area, according to a Wednesday filing on the Tokyo Stock Exchange.
Scheduled to open in spring 2027, the property will operate under the KOKO HOTEL Residence brand, adding to Polaris' expanding portfolio, which is set to grow to 14,964 rooms by end-2024.
Price (JPY): $190.00, Change: $+6.0, Percent Change: +3.26%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.