Japan developers boost hotel investment as foreign tourists flood in

Nittetsu Kowa and NTT Urban plan sites tailored for overseas guests

20231015N Ueno hotel

An image of a hotel in Japan's Ueno district that Nittetsu Kowa Real Estate plans to open in 2024. (Photo courtesy of Nittetsu Kowa Real Estate)

KAZUKI YAMAGUCHI, Nikkei staff writer

TOKYO -- Japan's real estate companies are ramping up their investments in hotels as foreign tourists return to the country with a vengeance.

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