YTL REIT to develop hotel in Japan for RM199mil


PETALING JAYA: YTL Hospitality Real Estate Investment Trust (YTL REIT) is proposing to develop a hotel in Aza-Soga, Niseko-cho, Abuta-gun, Hokkaido, Japan for an estimated total development cost of RM199mil.

In a filing with Bursa Malaysia, YTL REIT said it is developing a five-storey hotel with a two-storey basement under the Moxy brand name, which is a segment of Marriott’s millennial-focused brand (Moxy Niseko).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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YTL REIT , hotel , Niseko , Hokkaido

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