Intrance Co., Ltd. Expands into Inbound Accommodation Development

An announcement from Intrance Co., Ltd. ( (JP:3237) ) is now available.

Intrance Co., Ltd. has acquired real estate in Toshima-ku, Tokyo, to develop inbound accommodation facilities targeting mid- to long-term stay tourists. This strategic move aims to enhance corporate value by expanding into the hotel management business, with a focus on urban apartment hotel development and regional hotel investment. The company plans to sell these facilities to investors, offering a shorter development period and quicker profit realization compared to traditional hotel projects. This initiative is expected to contribute to the inbound tourism industry and increase revenues through the sale of accommodation facilities.

More about Intrance Co., Ltd.

Intrance Co., Ltd. is a company listed on the Tokyo Growth stock exchange, primarily involved in the real estate industry. The company is expanding its operations into the hotel management sector, aiming to generate stable earnings from real estate while achieving high growth in hotel management.

YTD Price Performance: 1.96%

Average Trading Volume: 50,125

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen4.83B

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