Kasumigaseki Capital has acquired two companies involved in hotel ownership and operation.
The acquired firms are MidInn Hotel and Pantheon Realty. Kasumigaseki Capital has obtained full ownership of both companies. The purchase price has not been disclosed.
MidInn Hotel, under the umbrella of Pantheon Realty, operates hotel businesses such as MidInn Meguro Station Front, MidInn Kawasaki Station Front, and MidInn Kuramae Station Front.
Fav hospitality group, a subsidiary of Kasumigaseki Capital, operates three hotel brands targeting larger groups within Japan. These three hotels are planned to be rebranded.
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