Fujita Kanko, a Japanese hospitality company headquartered in Tokyo, has announced that it signed a hotel management agreement with Haesung Industrial, a Korean real estate company headquartered in Seoul, South Korea, to open a hotel in Seoul.
Fujita Kanko has not had any overseas properties since 2002 but is executing a new expansion strategy. The hotel is expected to open in the summer of 2018. Haesung Industrial will start construction of the building, which it will own, in the summer of 2015.
The hotel will be located in the Myeongdong area in the heart of Seoul, the city’s shopping district and main tourism hub, with various restaurants and entertainment spots. The hotel’s 330 guestrooms will all have Japanese-style bathrooms.
In the past few years, Fujita Kanko opened four overseas offices in Asia in Seoul, Shanghai, Singapore and Taipei.
Fujita Kanko was established in 1955. In addition to its core hospitality business, the company operates wedding and banquet facilities, resorts, leisure facilities and related services. It has 60 properties/facilities, including its five-star flagship, Hotel Chinzanso Tokyo, and 29 mid-priced hotels throughout Japan in the Hotel Gracery and Washington Hotels groups.
Fujita Kanko eyes to open 970-room Hotel Gracery Shinjuku in April 2015. The other expected openings include Hotel Gracery Okinawa and Hotel Gracery Kyoto Teramachi in 2016.