Frasers Hospitality chief executive Koh Teck Chuan noted that Japan's domestic travel demand is picking up, and cited government discussions for the creation of a"travel bubble".
Fraser Suites Akasaka general manager Huang Meilin said the serviced residence was"keeping pace with changes in travel advisories and amending policies accordingly, as well as extending flexibility on bookings where needed". Frasers Hospitality said the rooms, which start at 32 square metres, are larger than the average size of accommodation in densely populated Tokyo. They also have large bay windows that offer unobstructed views of the Tokyo skyline, Tokyo Skytree and Mount Fuji.
When open, the property will offer facilities such as a 24-hour gym, restaurant, and a golf simulator. Shares of Frasers Property were trading at S$1.16 as at 1.04pm on Thursday, down S$0.01 or 0.9 per cent.For daily updates on weekdays and specially selected content for the weekend. Subscribe to