JAL Hotels - History

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.

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