Shangri-La Kyoto Hotel Project

Notice of completion of acquisition of equity interest in “Shangri-La Hotel Kyoto Nijo Castle Project (Tentative Name)”

On 29 March 2021, Samty Group announced a joint venture with Shangri-La Group and also the incorporation of a special purpose acquisition sub-subsidiary company. Samty Asia Investments Pte. Ltd. (hereinafter referred to as “SAI”), together with world-renowned hotel chain Shangri-La Asia Ltd (hereinafter referred to as “Shangri-La Group”, will be joint venture partners in the …

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Collaborative business with the Shangri-La Group, operator of a world-wide hotel chain (Investment)

Overseas travelers still have a strong desire to visit Japan, and we believe demand for accommodation in Japan will steadily return after the pandemic subsides due to dissemination of COVID-19 vaccines. The number of tourists visiting Kyoto in 2019, prior to the COVID-19 pandemic, was about 53.25 million, exceeding 50 million for the seventh consecutive …

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