Blackstone Buys Ritz-Carlton Okinawa as Japan’s Tourism Soars
Okinawa, Dec 18 – Blackstone Inc. has acquired the Ritz-Carlton Okinawa in a deal estimated at ¥20 billion (RM579.83 million), reflecting the rising demand for luxury hospitality assets as Japan experiences a tourism boom. The US-based asset management giant is also purchasing the Kanehide Kise Beach Palace as part of the transaction, according to sources…
