Japan Hotel REIT Investment Corporation ("Japan Hotel REIT") is a publicly-traded real estate investment trust in Japan (J-REIT) specializing in hotel assets. Japan Hotel REIT is listed on the Tokyo Stock Exchange and is managed by Japan Hotel REIT Advisors Co., Ltd.
Japan Hotel REIT was formed by a merger of Nippon Hotel Fund Investment Corporation and Japan Hotel and Resort, Inc. in April 2012. Since then, Japan Hotel REIT has steadily expanded and enhanced its portfolio quality, and it has grown to become Japan's largest hotel J-REIT in terms of total assets.
Asset management of hotels requires expertise and know-how specific to hotel assets and operations. Also critical is collaboration with various parties involved in asset management of hotels including hotel operators. We see it as our mission to provide the capital market with attractive opportunity to invest in hotel assets, and in order to achieve it we will make the best use of our know-how, network, relationship of trust and other intangible resources that we have accumulated to date.
In light of ever-increasing lodging demands from both domestic and inbound tourists, hotel industry and tourism are regarded as one of the most promising industries to grow in Japan. The Japanese government has implemented various measures and policies aiming to become a tourism-oriented nation. In this favorable business environment, we will continue "challenge and creation" which we have pursued since our inception, and will strive for further growth of Japan Hotel REIT. Your continued support will be greatly appreciated.