cnn.com externalJapan: Love hotel business zooms despite downturn | cnn.com
15 - 15 February 2012, 01:57:22 CET

Even in the midst of Japan's deepest economic recession since World War II, the country's love hotel industry is thriving. "I'd hate to use the term "recession-proof," but it's certainly proven very resilient over the last six to nine months," said Steve Mansfield, CEO of New Perspectives, which operates six love, or "leisure," hotels in Japan. One of them, the Bonita Hotel in Isawa, boasts a 257 percent occupancy rate. Rooms can be rented for three to 24 hours. Mansfield's company estimates the industry in Japan pulls in $40 billion a year in revenue.


ORGANIZATION

Hospitality Netcnn.com



Do not follow this link
Copyright© 1995-2012 Hospitality Net™ All rights reserved.
Trademarks and product names are the property of their respective owners.
Privacy Statement - Terms & Conditions - Advertising Information
TOP of page