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Keikyu EX Inn concludes business tie-up agreement with local hotel in Jakarta Indonesia

2018/11/01

The Keikyu Group's Keikyu EX Inn Inc. (Head Office: Minato Ward, Tokyo; President: Hiroshi Shinomiya; Hereinafter "Keikyu EX Inn") has concluded a business tie-up agreement on May 15, 2018 with PT Kreasi Konseptualis International which operates the VERSE brand hotels in Indonesia.

The Keikyu Group's medium-term management plan ending FY2020 calls for the opening of Keikyu EX Inns in areas along the Keikyu Line, central Tokyo, and other areas with good access to Haneda Airport, and establishing a system of 15 hotels with 3,000 rooms by FY2020, in addition to carrying out further probes on expansion into major Japanese cities and Asia using Haneda Airport as a starting point in order to further expand business going forward. This business tie-up will allow the company to further verify the hotel business environment in Indonesia as well as the effectiveness of knowhow cultivated through the operation of Keikyu EX Inns, and examine further expansion of business overseas.

The Keikyu Group has begun selling condominiums together with local developers in Indonesia in January 2018, and will continue to work to expand profits by cultivating new markets going forward.

Image: Created from Open Street Map

Image: Extract from Ministry of Foreign Affairs website

◆Reference

1. PT Kreasi Konseptualis International

  1. (1)Established
    August 2015
  2. (2)Business details
    Operation and management of VERSE brand hotels

2. VERSE hotels

Hotel name Location No. of guest rooms
Verse Luxe Hotel Wahid Hasyim Jakarta 120 rooms
Verse Lite Hotel Pembangunan Jakarta Jakarta 95 rooms
Oak Tree Urban Jakarta 65 rooms
Verse Hotel Cirebon Cirebon 116 rooms
Total 396 rooms

Verse Luxe Hotel Wahid Hasyim

Verse Lite Hotel Pembangunan Jakarta

Oak Tree Urban

Verse Hotel Cirebon

3. Keikyu EX Inn branch overview

No. Keikyu EX Inn branch name Opened Location No. of rooms
1 Omori Kaigan Station November 2007 3-32-1 Oi, Shinagawa-ku 105 rooms
2 Shinagawa Shimbaba Station North August 2008 2-18-1 Kita Shinagawa, Shinagawa-ku 127 rooms
3 Asakusabashi Station April 2010 1-27-9 Asakusabashi, Taito-ku 179 rooms
4 Yokohama Station East September 2010 5-7, Kinkocho, Kanagawa-ku, Yokohama-shi 96 rooms
5 Kamata October 2010 5-28-18, Kamata, Ota-ku, Tokyo 155 rooms
6 Shinagawa Station April 2011 3-13-3 Takanawa, Minato-ku 935 rooms
7 Takanawa November 2011 4-10-8 Takanawa, Minato-ku 163 rooms
8 Akihabara March 2016 2-2-1 Akihabara, Taito-ku 146 rooms
9 Keikyu Kawasaki Station April 2016 1-3-1 Isago, Kawasaki-ku, Kawasaki-shi 175 rooms
10 Shinagawa Sengakuji Station June 2016 3-11-26 Mita, Minato-ku 120 rooms
11 Higashi Ginza August 2016 2-15-15 Tsukiji, Chuo-ku 198 rooms
12 Yokosuka Research Park January 2017 7-7-2 Hikari no Oka, Yokosuka-shi 67 rooms
13 Haneda October 2017 5-5-14, Haneda, Ota-ku 313 rooms
14 Hamamatsucho Daimon Station (Tentative name) Spring 2019 1 Shibadaimon, Minato-ku 111 rooms
(planned)
15 Tokyo Nihonbashi (Tentative name) Spring 2020 2 Nihonbashi Kayabacho, Chuo-ku 142 rooms
(planned)
Total 3,032 rooms
(planned)

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