TOKYO -- Japanese developer and transportation giant Odakyu Electric Railway plans to sell Hyatt Regency Tokyo, Nikkei has learned, as the company focuses on a redevelopment project closer to the bustling Shinjuku station in the capital.
Japanese developer sheds assets to focus on projects around Shinjuku station

The Hyatt Regency Tokyo opened in 1980. (Photo by Taizo Wada)
TOKYO -- Japanese developer and transportation giant Odakyu Electric Railway plans to sell Hyatt Regency Tokyo, Nikkei has learned, as the company focuses on a redevelopment project closer to the bustling Shinjuku station in the capital.