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Global Management Forum 2019

Red Planet Hotels avoids China entry to focus on Japan

Budget chain's CEO says repeat visitors make Japanese market a good bet

Red Planet Hotels CEO Timothy Hansing shares his high hopes for Japan's tourism market. (Photo by Kotaro Igarashi)

TOKYO -- Red Planet Hotels depends heavily on Chinese globe-trotters to keep its rooms full, but the Bangkok-headquartered budget chain has no plans to actually enter China's vast market, its chief executive said in an interview.

Instead, CEO Timothy Hansing told the Nikkei Asian Review, Red Planet sees more potential in a country that is already its second-largest revenue source -- Japan. Only the Philippines, where the company has the most properties, generates more sales.

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