MANAGING in the

NEW WORLD

Japan is a country which as per recommendations from tourism consulting agencies, is expecting a windfall of more than twenty million inbound tourists in the year 2020 when Tokyo hosts the Olympic Games. However, costs are extremely high and thus hoteliers have come up with a business innovation to ride them this shortfall. They are converting defunct and in some cases even extant office complexes into temporary tourist accommodations. These typically charge much less than conventional hotels.

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