Wander into any one of Tokyo’s high-profile office buildings and the list of tenants will often read like a Who’s Who in global finance.
Criss-cross the capital, and it becomes clear that in a city long dominated by domestic hotel brands, such as the Imperial, Okura, New Otani and the ubiquitous Prince Hotels, there has been a rush of construction by foreign names, including the Conrad, Mandarin, Peninsula and Ritz Carlton. Outside Tokyo, the picturesque Hakone Turnpike that leads to the popular hot spring resort, is owned by Australia’s Macquarie Bank.
