Hotel Okura Kyoto Okazaki Bettei To Open In January 2022
Scheduled for January 2022 – 60 Rooms
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Hotel Okura Co., Ltd. is pleased to announce that in January 2022 it will open the Hotel Okura Kyoto Okazaki Bettei in the world-famous and much-loved city of Kyoto, Japan s ancient capital. The company has contracted with Mitsubishi Estate Co., Ltd. to manage the new property.
The new hotel will offer 60 guest rooms ranging from 40 square meters in size, including eight 80-square meter suite rooms in the theme of a mountain villa. It will be located near the historic Okazaki Betsuin Temple, overlooking the rich natural environment of the temple grounds, with the suites and some other rooms offering guests changing views of the seasonal scenery in its Japanese gardens. The hotel will also feature a restaurant on the first floor with large windows allowing guests to enjoy similar views; there will also be a loung
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TRIS Rating affirms the company rating on AP (Thailand) PLC (AP) and the ratings on AP?s outstanding senior unsecured debentures at ?A-? with a ?stable? rating outlook. The ratings reflect AP?s strong market position, its large and diverse product line, and strong operating performance resulted from revenue growth in the housing segment and a substantial amount of shared profits under joint venture (JV) projects. The ratings also take into consideration its moderate financial leverage, and the prolonged Coronavirus Disease 2019 (COVID-19) pandemic, which could put more pressure on the demand for residential properties.
KEY RATING CONSIDERATIONS
Strong market position