UK Profits From Japanese Love In

15th October 2007 (Last Updated October 15th, 2007 09:09)

UK investors have the opportunity to profit from Japan's popular love hotel industry, following the launch of Japan Leisure Hotels on London's Alternative Investment Market (AIM) - a sub-market of the London Stock Exchange. Japan Leisure Hotels is to announce plans today to raise up to

UK investors have the opportunity to profit from Japan’s popular love hotel industry, following the launch of Japan Leisure Hotels on London’s Alternative Investment Market (AIM) – a sub-market of the London Stock Exchange.

Japan Leisure Hotels is to announce plans today to raise up to £100m on the AIM, according to the UK’s Financial Times.

Japan has about 25,000 of the hotels, which provide short-stay locations for couples, with each room used up to three times a day.

An estimated 2% of Japan’s adult population visits a love hotel every day and the industry has approximate annual revenues of £17.5bn a year, more than the UK’s entire hotel market.

By staff writer