TOKYO -- Japanese railway company Kintetsu Group Holdings plans to sell eight hotels in Osaka and Kyoto to U.S. investment fund Blackstone Group for around 60 billion yen ($550 million), Nikkei has learned.
Business deals
Japan's Kintetsu to sell 8 hotels to Blackstone for $550m
Properties in Osaka and Kyoto on offer as rail group reels from COVID hit
