Tokyo’s hosting of the 2020 Games was announced in 2013. Since then, many new hotels have been built and are scheduled to open between this year and next, when the Games will be held.
Thakral Corp, which has its roots in trading, is going big on retirement resorts in Australia. CEO Inderbethal Singh Thakral is also trying to catch the revival in Japan brought about by the Tokyo Olympics.
(Nov 11): Japan’s property market is enjoying a broad-based pickup in the lead-up to the 2020 Tokyo Olympics next July. Inderbethal Singh Thakral, CEO of Thakral Corp, which owns a portfolio of properties in Osaka, has a clear plan on how to catch the different waves. For many investors, the obvious way is to buy hotels and bet that higher tourist arrival numbers across Japan will drive up occupancy and room rates.
