History
- JAL Hotels has been a hotel management company since its establishment in 1970 as a subsidiary of Japan Airlines Co. Ltd.
- On July 1, 1996, Japan Airlines Development Ltd. was renamed to "JAL Hotels Company Ltd." to further establish its business description as a hotel operator.
- On April 1, 1999, a merger with "Japan Airlines Hotel Co. Ltd." resulted in JAL Hotels taking over the management of the "Ginza Nikko Hotel" and "Kawasaki Nikko Hotel".
- On September 30, 2010, the sale of JAL Hotels to Hotel Okura Co., Ltd. resulted in JAL Hotels becoming mainly owned by Okura Hotels, which holds 79.6% shares in the company, while Japan Airlines retains 11.1%; with 9.3% held by banks, other investors.
Read more about this topic: JAL Hotels
Famous quotes containing the word history:
“It is my conviction that women are the natural orators of the race.”
—Eliza Archard Connor, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 9, by Susan B. Anthony and Ida Husted Harper (1902)
“To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
—J.L. (John Langshaw)
“I assure you that in our next class we will concern ourselves solely with the history of Egypt, and not with the more lurid and non-curricular subject of living mummies.”
—Griffin Jay, and Reginald LeBorg. Prof. Norman (Frank Reicher)