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Hotel Okura Co., Ltd. Plans Global Expansion
with New Brand, Okura Prestige

TOKYO--Jul 18, 2012--Okura Hotels & Resorts and JAL Hotels will exhibit together once again at the Global Business Travel Association’s (GBTA) 2012 Convention in Boston, July 22-25, which is expected to attract about 6,000 business travel buyers and travel industry professionals.

The two hotel organizations, both owned by Hotel Okura Co., Ltd., will be at booth #1324 to provide information on all properties in their four brands: Okura Hotels, Okura Frontier Selection, Nikko Hotels International and Hotel JAL City. Hotel Okura Co., Ltd. is also adding a new brand, “Okura Prestige,” this year. The first Okura Prestige hotel, The Okura Prestige Bangkok, opened in May. The second, The Okura Prestige Taipei, is now taking reservations, and will have a grand opening on August 3rd. Full details about the hotel will be announced soon.

“It is our intention to expand aggressively in the global market,” said Toshihiro Ogita, president and CEO, Hotel Okura Co., Ltd. “Our ‘Okura Prestige’ brand will be used for a new group of mid-sized, international luxury hotels, featuring futuristic, ultra-modern design, which we believe will appeal to upscale, hip consumers regardless of their age.”

JAL Hotels has plans for two new openings in 2013: Hotel Nikko Guangzhou and Hotel Nikko Suzhou, both in China.

About Hotel Okura Co., Ltd.
Hotel Okura Co., Ltd., founded in 1958 and headquartered in Tokyo, opened its flagship hotel, Hotel Okura Tokyo, 50 years ago. The company has extensive business operations in the hospitality and related industries, such as asset ownership, management and technical assistance and consulting. Okura Hotels & Resorts has built a network of 25 hotels with a total of 7,774 guest rooms in and outside Japan including The Okura Prestige Taipei. In addition to its luxury group, Okura Hotels & Resorts operates Okura Frontier Selection hotels.

In September, 2010 Hotel Okura Co., Ltd. acquired the majority of shares in JAL Hotels Co., Ltd., also an international hospitality company headquartered in Tokyo. JAL Hotels manages 53 hotels with a total of 16,530 guest rooms in two groups: Nikko Hotels International, an international luxury hotel group with properties on four continents, and Hotel JAL City, a group of mid-priced business hotels in Japan.

For Hotel Okura Co.
Keiko Okano, 212-583-1043

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Also See: The Hotel Okura Co. Acquiring 79.6% Ownership of JAL Hotels Co., Ltd; Objective is to Deliver Merit in Terms of Group Size, International Competitiveness and Increased Valuation of the Brand Overall / July 2010

Tokyo's Big Three - , the Imperial Hotel, Hotel New Otani and Hotel Okura Largely Unaffected by Many Luxury Foreign Hotels Opening / January 2006

Raffles International Limited and Hotel Okura Co Ltd Sign Strategic Alliance; Will Explore Hotel Development, Joint Marketing and Joint e-procurement / May 2002

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