Toyoko Inn Explained

Toyoko Inn
Founder:Norimasa Nishida
Location City:Kamata, Ōta, Tokyo
Location Country:Japan
Locations:269 hotels (as of September 2017)[1]
Area Served:Japan, South Korea, The Philippines (Cebu), Germany (Frankfurt), France (Marseille)
Industry:Hotel
Revenue:81.9 billion yen (as of March 2017)
Num Employees:10,895 (including part-time employees, as of March 2017)

is a chain of business hotels in Japan, founded in 1986 and expanding rapidly from the 1990s.[2]

The company is headquartered in the Kamata section of Ōta, Tokyo,[1] about halfway between the central wards of Tokyo and Yokohama; its name is a portmanteau of the names of Tokyo and Yokohama. It aims for uniformity in its hotels, using as many prefabricated and bulk-purchased components as possible to reduce costs.[3] The chain is also known for almost exclusively hiring women: as of 2001, 95% of the company's workforce was female, and nearly all of its hotel managers were married women.[4]

The company has grown rapidly, increasing its number of hotels from 61 in December 2002 to 347 in October 2022, with typical rates (as of July 2019) between 5800 and 9000 yen per night for a single room.[5] Nearly all its hotels are in Japan; the exceptions are 12 hotels in South Korea, as well as one hotel each in the Philippines, Mongolia, France and Germany.[6]

Toyoko Inn has plans to build 100 hotels in Vietnam[7] and one hotel in the New York City neighborhood of Long Island City in the coming years.[8]

References

https://www.toyoko-inn.com/sp/hotel_list

Notes and References

  1. Web site: 会社概要 (Company Profile) . ja . Toyoko Inn . 2012-10-25. "〒144‐0054 東京都大田区新蒲田1‐7‐4" - Map (Archive)
  2. News: No frills hotels . . September 4, 1999 . 9.
  3. http://www.toyoko-inn.com/eng/corp/feature.html "What is the Toyoko-Inn Concept?"
  4. News: Free agents . The Nikkei Weekly . June 4, 2001 . 3.
  5. December 2019 numbers from "Company History", retrieved 2019; July 2019 numbers and typical rates from "Hotel List", retrieved July 2019.
  6. "Hotel List," Toyoko Inn
  7. News: Japan firm to build 100 hotels in Vietnam . Investvine.com . 2013-03-02 . 2013-03-04.
  8. "Japan's Toyoko Inn Targets New York," The Wall Street Journal