With expertise in hotels and ryokans, CBRE Hotels Japan provides comprehensive solutions for the purchase and sale of hospitality assets, strategy development, and closing.
CBRE K.K. has recently strengthened its brokerage services for hotel-related assets.
With Kiyoshi Tsuchiya overseeing hotel advisory, CBRE has recently appointed Tomotsugu Ichikawa to head the hotel investment side of the business. Ichikawa brings in a wealth of knowledge and experience that are highly complementary to that of CBRE’s existing team. With this expansion in service offering, CBRE Hotels will provide clients – owners, hotel operators, investors, developers, and financial institutions – with a full range of hotel real estate capabilities, including:
- Operations related to the sale of existing hotel-related assets
- Real estate strategy development and advisory
- Sales/rent brokerage for hotel development land acquisition
- Market reports and insights for new and existing hotel-related assets
- Operator selection and additional advisory work for existing hotels and development projects
- Asset management
Tomotsugu Ichikawa, senior director of CBRE Hotels, commented, “While the hotel and tourism sectors are facing considerable uncertainty as a result of the COVID-19 pandemic, the situation is less dire in Japan as domestic customers account for approximately 90% of hotel demand. Against this backdrop, domestic institutional investors remain bullish towards the hotel market and investment demand has been returning since the latter half of 2021. By leveraging the existing team’s capabilities and CBRE’s vast network, and by capturing this strong demand, we aim to further strengthen our capabilities and provide a market leading service offering to our clients in the hotel investment sector.”
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
