Okura Nikko Hotel Management Co., Ltd. (formerly JAL Hotels Company Ltd.) is a Japanese-owned global hotel management firm, majority owned by Hotel Okura Co., Ltd. since 2010. The hotel firm's managed properties are marketed under the Okura Hotels & Resorts and Hotel JAL City and Nikko Hotels International groups. From its time as a subsidiary of Japan Airlines (JAL), its headquarters have been located in the JAL Building in Shinagawa, Tokyo,

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

. In 2010, Japan Airlines sold majority ownership of JAL Hotels to the Hotel Okura, which is now the primary shareholder.

History

JAL Hotels has been a

hotel management ''Hotel Management'' magazine is a trade publication produced by Questex, LLC. History and profile The magazine ''Hotel Management'' was established in New York in 1922 by Ahrens Publishers. It absorbed or merged with various other hotel managem ...

company since its establishment in 1970 as a

subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...

of Japan Airlines Co. Ltd. On July 1, 1996, Japan Airlines Development Ltd. was renamed to "JAL Hotels Company Ltd." to further establish its

business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...

description as a hotel operator. On April 1, 1999, a

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

with "Japan Airlines Hotel Co., Ltd." resulted in JAL Hotels taking over the management of the "Ginza Nikko Hotel" and "Kawasaki Nikko Hotel". On September 30, 2010, the sale of JAL Hotels to Hotel Okura Co., Ltd. resulted in JAL Hotels becoming mainly owned by

Hotel Okura is a luxury hotel opened in 1962 in Minato, Tokyo, Japan. It is operated by Okura Hotels and was a member of The Leading Hotels of the World. The historic main wing was demolished in 2015, with a modern replacement on the site opened in 2019, re ...

, which holds 79.6% shares in the company, while Japan Airlines retains 11.1%; with 9.3% held by banks, other investors. The company renamed itself as Okura Nikko Hotel Management Co., Ltd. on 1 October, 2015.

Brands

Operating under the "Okura Hotels & Resorts", "Hotel JAL City" and "Nikko Hotels International" groups, JAL Hotels has managed 67 properties worldwide, with a total

inventory Inventory (American English) or stock (British English) refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. Inventory management is a discipline primarily about specifying the shap ...

of 21,406 guest rooms. Since 2010, its acquisition by Hotel Okura has increased the total guest rooms networked. As of today,June 8th, 2015 it has 86 properties (opened or announced), including 50 in Japan, 11 in China and 25 in the rest of Asia and other countries.

Notable properties

* Grand Nikko Tokyo Daiba * Hotel JAL City Haneda Tokyo * Hotel Nikko San Francisco *

Hotel Nikko Düsseldorf The is a German-Japanese hotel prominent in Düsseldorf since 1978. Located in the heart of Japanese community of Düsseldorf, Little Tokyo in Düsseldorf-Stadtmitte, Stadtmitte, the hotel opened in 1978 in conjunction with the :de:Deutsch-Japa ...

* Hotel Nikko Saigon * Hotel Nikko Bali Benoa Beach * Hotel Nikko Kluang

References

External links

* {{Hotel chains Hospitality companies established in 1970 Hospitality companies of Japan Japanese brands Japan Airlines Service companies based in Tokyo Japanese companies established in 1970

History

Brands

Notable properties

See also

References

External links