Apa Group plans to build Japan's biggest hotel by 2020 Olympics

April 17, 2015 10:28 AM

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TOKYO, April 17 (Reuters) - Apa Group aims to capitalise on an boom in visitors to Japan by building the country's biggest hotel in time for the Tokyo 2020 Olympic Games, the chief executive of the nationwide hotel chain said.

The unlisted operator of mid-priced accommodation plans to open a 2,400 room hotel in the port city of Yokohama, some 40 km (25 miles) south of a capital city experiencing an upsurge in room rates after a 29 percent jump in tourists last year.

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