NISEKO, HOKKAIDO -- The chief of YTL Hotels on Thursday said his company will keep bulking up its luxury presence in the booming Niseko winter resort town, which has become a magnet for international capital.
At a news conference, Mark Yeoh, an executive director of Malaysia's YTL conglomerate, said the company will spend around 5 billion yen ($46 million) annually as it adds hotels and other facilities at its Niseko Village resort, located at the foot of the Niseko Annupuri volcano.
