Japanese Love Hotels Looking For Investors
An industry known for its privacy is flirting with the public, as Japanese love hotel funds look to entice retail investors with attractive returns.
For decades, young Japanese couples and secret lovers have rented love hotel rooms by the hour, the experience enhanced by novelties such as rotating beds, ceiling mirrors and karaoke machines.
Today many of the hotels look somewhat shabby compared with their heyday in the bubble economy of the 1980s, but hold out the promise of sweet returns for investment funds that renovate and securitize them for the debt market. Read more
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