Tuesday, October 20, 2009

Will Japan Airlines' hotel unit go on the block?

As Japan Airlines Co. Ltd. explores its restructuring options, the company seems likely to revisit an idea it has mulled at least twice in the last 10 years: selling its wholly owned hotel subsidiary. JAL Hotel operates about 60 properties under the brands Nikko Hotels International and Hotel JAL City both in Japan and far-flung destinations including China, Malaysia, Mexico City, London, Guam and the United Arab Emirates.

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