Ascott to double 'hotel-in-residence' in Japan within 5 years

The Singaporean company rides a wave of increase in inbound demand

20241111 Ascott Marunouchi

Ascott aims to attract both long-term residents and short-term tourists in Japan.(Photo by Yuichi Shiga)

YUICHI SHIGA, Nikkei staff writer

TOKYO -- Singaporean hospitality company Ascott plans to double the number of accommodations it operates in Japan within the next five years, especially those fit for longer stays, the company's executives told Nikkei Asia in an interview.

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