Knowledge

Prince Hotels

Source 📝

175: 240: 417: 129: 941: 25: 403:
and several financial institutions also planned a support scheme to keep Cerberus from acquiring control of Seibu, but it was ultimately not implemented due to a lack of potential financial benefit for the investors. At the June 2013 shareholder meeting, several proposals by Cerberus were voted down,
357:
Under the reorganization of the Seibu Group following the de-listing of Seibu Railway in 2005, Prince Hotels Company merged with Kokudo. All the Prince Hotels are now operated by Prince Hotels Company. Because of the unreasonable expansion in the past, the company has many underperforming facilities.
398:
to increase its stake to 35% as of June 2013, giving Cerberus the power to veto shareholder resolutions. Cerberus had aimed to raise its stake to 44%, bringing it closer to an outright majority, but Seibu management engaged in a massive campaign to thwart the tender offer, including advertising
407:
As of June 2013, Yoshiaki Tsutsumi remains a major investor in Seibu Holdings through his 36% investment in NW Corporation, the second-largest shareholder in the company with a share of around 15%. Tsutsumi refused to respond to the Cerberus tender offer at the urging of Seibu management.
366:
Tsutsumi registered Seibu Railway shares owned by Kokudo in the names of various affiliated individuals, often without their permission, so that the true ownership of the company was not readily apparent. Following the death of Tsutsumi in 1964, his third son
393:
In late 2012 and early 2013, Cerberus proposed that Seibu Railway abolish five non-core lines, along with other restructuring measures throughout the Seibu Holdings group, but management refused to implement these changes. Cerberus then executed a
346:. The management system of Prince Hotels was described as "debt operation" by the media. It borrowed funds from banks, developed land using the funds, and borrowed more funds with the growth of land values. The system worked in the 1960s with 322:
through the Kokudo Corporation, arranged to buy several of these families' properties at a discount and used them to develop hotels. The first of these hotels, the Grand Prince Hotel Takanawa, opened in 1953 on the site of the
1242: 371:
inherited control of Kokudo and continued the practice of falsifying shareholder records. His holdings in Kokudo and Seibu led to his being deemed the "world's richest man" by
885: 382:
On December 21, 2005, Seibu Railway was delisted from the Tokyo Stock Exchange. A reorganization of the group, completed in February 2006, created
1361: 1118: 1341: 1143: 342:
were not wholly owned by Prince Hotels Company, but were instead operated by different companies, such as Seibu Railway, Kokudo, or
1346: 375:
magazine for four consecutive years from 1987 to 1990, with estimated net worth of $ 15–20 billion during the height of the
89: 61: 390:, an American investment fund, became the largest shareholder in Seibu Holdings with a 29.9% share of the new company. 347: 490:
The Prince Sakura Tower Tokyo: Minato, Tokyo (affiliated with Marriott International under Autograph Collection brand)
108: 68: 1098: 727: 914: 604: 1356: 75: 46: 42: 1168: 442: 57: 518: 387: 358:
Under the current plan of turnaround, it closed, sold, and plans to close or sell roughly 40 facilities.
351: 1196: 870: 640: 400: 303: 327:
residence. The Tokyo Prince Hotel opened in 1964 on a site that originally housed graves of several
1351: 174: 35: 1336: 801: 434: 244: 644: 580: 1026: 881: 797: 756: 731: 702: 622: 438: 376: 1243:
Owners of The Arch Hotel London make ‘difficult decision’ to sell to Japanese hotel company
805: 667: 510: 478: 279: 205: 82: 574: 315: 8: 1093: 1039: 929: 737: 598: 532: 314:
lost their titles and were subject to crippling taxation on their real estate holdings.
1053: 662: 629: 544: 1009:
Kagura Ski Resort (Kagura Area, Mitsumata Gelände, and Tashiro Area): Yuzawa, Niigata
538: 474: 1254: 1031: 955: 635: 562: 556: 550: 468: 368: 343: 275: 188: 789:, Hawaii (now The Westin Hapuna Beach Resort as part of an agreement with Marriott) 610: 989: 860: 775: 568: 462: 153: 1221: 743: 239: 1278: 918: 683: 656: 592: 586: 404:
including the election of outside directors and the abolition of non-core lines.
328: 874: 864: 671: 324: 200: 616: 1330: 1088: 925: 752: 689: 677: 650: 485: 319: 283: 903: 786: 395: 307: 416: 291: 1001: 767: 212: 1068: 948: 424:
The following list uses the English translations of the hotel names.
1119:"Kokudo faked names of all shareholdings when Seibu debuted in 1949" 940: 386:
to act as a holding company for both the railway and Prince Hotels.
128: 24: 907: 1316: 892: 332: 1307: 457:
is the brand name for the most luxurious hotels by the company.
226: 1144:"Tycoon Tsutsumi -- from world's richest man to detention cell" 896: 841: 827: 821: 817: 311: 708:
Ashinokohan Takagowa Onsen Ryūgūden (ryokan): Hakone, Kanagawa
331:
shoguns, whose bodies were moved to the neighboring temple of
379:. He was arrested on securities fraud charges in March 2005. 271: 1283:[Kitakyushu Prince Hotel] (in Japanese). nazca.co.jp 910:(now Pullman Kuala Lumpur City Centre Hotel & Residence) 1259:[A list of hotels] (in Japanese). Prince Hotels 399:
within Seibu trains to passengers who owned stock. The
980:
Karuizawa Prince Hotel Ski Resort: Karuizawa, Nagano
711:
Chigataki Prince Hotel: Non-public, Emperor's villa.
144:
Kabushiki-gaisha Seibu Purinsu Hoteruzu Warudowaido
49:. Unsourced material may be challenged and removed. 1078:Onioshi Highway: Karuizawa, Nagano–Tsumagoi, Gunma 433:The Prince Gallery Tokyo Kioicho (affiliated with 1247: 1328: 1191: 1189: 263: 774:Prince Waikiki (Hawaii Prince Hotel Waikiki): 515:Grand Prince Hotel New Takanawa: Minato, Tokyo 477:(affiliated with Marriott International under 257: 1186: 1169:"Cerberus Boosts Seibu Stake but Misses Goal" 935: 720:Hakone Yunohana Onsen Hotel: Hakone, Kanagawa 493:The Prince Villa Karuizawa: Karuizawa, Nagano 853: 969:Shizukuishi Ski Resort: Shizukuishi, Iwate 902:Prince Hotel & Residence Kuala Lumpur: 717:Hakone En Cottage Camping: Hakone, Kanagawa 173: 127: 109:Learn how and when to remove this message 939: 800:: Kohala Coast, Hawaii (affiliated with 714:Hakone En Cottage West: Hakone, Kanagawa 525: 415: 238: 986:Mt. Naeba Snow Resort: Yuzawa, Niigata 983:Manza Onsen Ski Resort: Tsumagoi, Gunma 1362:Japanese companies established in 1956 1329: 1052:Shiga Kōgen Yakebitaiyama Ski Resort: 1049:Sayama Ski Resort: Tokorozawa, Saitama 497: 1342:Companies based in Saitama Prefecture 736:Izu Nagaoka Onsen Sanyō-Sō (ryokan): 701:Ashinokohan Takagowa Onsen Fuyō-Tei ( 427: 243:Shinjuku Prince Hotel, incorporating 834: 603:Nichinan Kaigan Nangō Prince Hotel: 47:adding citations to reliable sources 18: 748:Ryūgūden (ryokan): Hakone, Kanagawa 505:is the brand name for city hotels. 13: 122:SEIBU PRINCE HOTELS WORLDWIDE INC. 14: 1373: 1299: 1025:Muikamachi Hakkaisan Ski Resort: 723:Hotel Daihakone: Hakone, Kanagawa 361: 1222:"Prince Hotels Search From List" 1203:, pp. 朝刊 総合2, June 26, 2013 1099:Yokohama Hakkeijima Sea Paradise 420:The prince gallery Tokyo Kioicho 23: 917:(closed February 25, 2007, now 441:brand; part of the Seibu owned 278:, Japan. It is a subsidiary of 274:chain company headquartered in 265:Kabushiki-gaisha Purinsu Hoteru 34:needs additional citations for 1347:Hospitality companies of Japan 1271: 1236: 1214: 1161: 1136: 1111: 1075:Manza Highway: Tsumagoi, Gunma 549:Karuizawa Asama Prince Hotel: 509:Grand Prince Hotel Hiroshima: 473:The Prince Kyoto Takaragaike: 338:Originally, hotels branded as 1: 1104: 1067: 1038:Myōkō Suginohara Ski Resort: 886:Makena Beach and Golf Resort 561:Karuizawa Prince Hotel West: 555:Karuizawa Prince Hotel East: 537:Hakodate Ōnuma Prince Hotel: 484:The Prince Park Tower Tokyo: 449: 1061:Yakebitaiyama Second Gondola 443:Tokyo Garden Terrace Kioicho 7: 1082: 1058:Yakebitaiyama First Gondola 785:Hapuna Beach Prince Hotel: 762: 519:Grand Prince Hotel Takanawa 388:Cerberus Capital Management 350:, until the 1990s when the 297: 264: 10: 1378: 936:Ski areas and aerial lifts 915:Yahatanishi-ku, Kitakyūshū 871:Grand Prince Hotel Akasaka 661:Shizukuishi Prince Hotel: 641:Shin Yokohama Prince Hotel 628:Shiga Kōgen Prince Hotel: 401:East Japan Railway Company 304:Allied occupation of Japan 958: : Furano, Hokkaidō 913:Kitakyushu Prince Hotel: 854:Previous Hotel Properties 695: 597:New Furano Prince Hotel: 411: 258: 221: 211: 199: 187:3-1-5 Higashi Ikebukuro, 182: 167: 159: 149: 135: 126: 1279: 1255: 1044:Myōkō Suginohara Gondola 649:Shinagawa Prince Hotel: 348:Japanese economic growth 1000:Naeba Tashiro Gondola ( 919:Crown Palais Kitakyushu 877:(closed March 31, 2011) 780:Hawaii Prince Golf Club 751:The Hotel Seiryu Kyoto 682:Tsumagoi Prince Hotel: 655:Shinjuku Prince Hotel: 579:Kussharo Prince Hotel: 543:Kamakura Prince Hotel: 290:is the core company of 945: 891:Toronto Prince Hotel, 859:Alyeska Prince Hotel, 802:Marriott International 634:Shimoda Prince Hotel: 621:Sapporo Prince Hotel: 573:Kushiro Prince Hotel: 567:Kawagoe Prince Hotel: 467:The Prince Karuizawa: 435:Marriott International 421: 310:, many members of the 248: 141:株式会社西武・プリンスホテルズワールドワイド 1357:Hotel chains in Japan 1027:Minamiuonuma, Niigata 997:Prince Second Gondola 943: 882:Wailea-Makena, Hawaii 816:Gloria Prince Hotel: 811:Mauna Kea Golf Course 798:Mauna Kea Beach Hotel 768:Prince Resorts Hawaii 757:Higashiyama-ku, Kyoto 732:Kanazawa-ku, Yokohama 676:Towada Prince Hotel: 531:Furano Prince Hotel: 526:Prince Hotels (Japan) 439:The Luxury Collection 419: 377:Japanese asset bubble 318:, who controlled the 242: 994:Prince First Gondola 806:Autograph Collection 688:Tōkyō Prince Hotel: 591:Naeba Prince Hotel: 585:Manza Prince Hotel: 511:Minami-ku, Hiroshima 479:Autograph Collection 280:Seibu Holdings, Inc. 206:Seibu Holdings, Inc. 43:improve this article 16:Japanese hotel chain 1173:Wall Street Journal 1094:Saitama Seibu Lions 972:Shizukuishi Gondola 930:Kumamoto Prefecture 880:Maui Prince Hotel, 840:The Prince Akatoki 826:Nice Prince Hotel: 738:Izunokuni, Shizuoka 705:): Hakone, Kanagawa 645:Kōhoku-ku, Yokohama 615:Ōtsu Prince Hotel: 609:Ōiso Prince Hotel: 581:Teshikaga, Hokkaidō 503:Grand Prince Hotels 498:Grand Prince Hotels 461:The Prince Hakone: 253:Prince Hotels, Inc. 123: 1054:Yamanouchi, Nagano 964:Kitanomine Gondola 946: 924:Aso Prince Hotel: 792:Hapuna Golf Course 663:Shizukuishi, Iwate 630:Yamanouchi, Nagano 545:Kamakura, Kanagawa 428:The Prince Gallery 422: 249: 121: 1197:"西武TOB攻防に幻の「助っ人」" 1032:Hakkaisan Ropeway 1015:Mitsumata Ropeway 956:Furano Ski Resort 944:Sayama Ski Resort 835:StayWell Holdings 636:Shimoda, Shizuoka 575:Kushiro, Hokkaidō 563:Karuizawa, Nagano 557:Karuizawa, Nagano 551:Karuizawa, Nagano 469:Karuizawa, Nagano 369:Yoshiaki Tsutsumi 344:Izuhakone Railway 316:Yasujirō Tsutsumi 276:Toshima-ku, Tokyo 270:is the name of a 237: 236: 217:StayWell Holdings 189:Toshima-ku, Tokyo 171:4 June 1956  119: 118: 111: 93: 1369: 1323: 1320: 1319: 1317:Official website 1311: 1310: 1308:Official website 1293: 1292: 1290: 1288: 1275: 1269: 1268: 1266: 1264: 1251: 1245: 1240: 1234: 1233: 1231: 1229: 1218: 1212: 1211: 1210: 1208: 1193: 1184: 1183: 1182: 1180: 1165: 1159: 1158: 1157: 1155: 1140: 1134: 1133: 1132: 1130: 1125:, March 15, 2005 1115: 990:Naeba Ski Resort 893:Toronto, Ontario 861:Girdwood, Alaska 776:Honolulu, Hawaii 623:Chūō-ku, Sapporo 599:Furano, Hokkaidō 569:Kawagoe, Saitama 533:Furano, Hokkaidō 463:Hakone, Kanagawa 312:Japanese peerage 269: 267: 261: 260: 233: 230: 228: 178: 177: 154:Kabushiki gaisha 131: 124: 120: 114: 107: 103: 100: 94: 92: 51: 27: 19: 1377: 1376: 1372: 1371: 1370: 1368: 1367: 1366: 1352:Japanese brands 1327: 1326: 1321: 1315: 1314: 1306: 1305: 1302: 1297: 1296: 1286: 1284: 1281: 1277: 1276: 1272: 1262: 1260: 1257: 1253: 1252: 1248: 1241: 1237: 1227: 1225: 1224:. Prince Hotels 1220: 1219: 1215: 1206: 1204: 1195: 1194: 1187: 1178: 1176: 1167: 1166: 1162: 1153: 1151: 1150:, March 3, 2005 1142: 1141: 1137: 1128: 1126: 1117: 1116: 1112: 1107: 1085: 1072: 1018:Tashiro Ropeway 938: 856: 837: 765: 698: 684:Tsumagoi, Gunma 657:Shinjuku, Tokyo 605:Nangō, Miyazaki 593:Yuzawa, Niigata 587:Tsumagoi, Gunma 539:Nanae, Hokkaidō 528: 521:: Minato, Tokyo 500: 475:Sakyō-ku, Kyoto 452: 430: 414: 364: 329:Tokugawa family 300: 255: 247:railway station 225: 195: 191: 172: 142: 138: 115: 104: 98: 95: 58:"Prince Hotels" 52: 50: 40: 28: 17: 12: 11: 5: 1375: 1365: 1364: 1359: 1354: 1349: 1344: 1339: 1325: 1324: 1312: 1301: 1300:External links 1298: 1295: 1294: 1270: 1246: 1235: 1213: 1185: 1175:, June 1, 2013 1160: 1135: 1109: 1108: 1106: 1103: 1102: 1101: 1096: 1091: 1084: 1081: 1080: 1079: 1076: 1071: 1066: 1065: 1064: 1063: 1062: 1059: 1050: 1047: 1046: 1045: 1040:Myōkō, Niigata 1036: 1035: 1034: 1023: 1022: 1021: 1020: 1019: 1016: 1013: 1012:Kagura Gondola 1007: 1006: 1005: 998: 995: 984: 981: 978: 977: 976: 973: 967: 966: 965: 962: 961:Furano Ropeway 951:are excluded. 937: 934: 933: 932: 922: 911: 900: 889: 878: 875:Chiyoda, Tokyo 868: 865:Alyeska Resort 855: 852: 851: 850: 847: 844: 836: 833: 832: 831: 824: 814: 813: 812: 795: 794: 793: 783: 782: 781: 764: 761: 760: 759: 749: 746: 742:Kawana Hotel: 740: 734: 724: 721: 718: 715: 712: 709: 706: 697: 694: 693: 692: 686: 680: 674: 672:Toshima, Tokyo 670:Prince Hotel: 665: 659: 653: 647: 638: 632: 626: 619: 613: 611:Ōiso, Kanagawa 607: 601: 595: 589: 583: 577: 571: 565: 559: 553: 547: 541: 535: 527: 524: 523: 522: 516: 513: 499: 496: 495: 494: 491: 488: 482: 471: 465: 451: 448: 447: 446: 429: 426: 413: 410: 384:Seibu Holdings 363: 362:Reorganization 360: 352:bubble economy 325:Takeda-no-miya 299: 296: 282:Together with 245:Seibu-Shinjuku 235: 234: 223: 219: 218: 215: 209: 208: 203: 197: 196: 193: 186: 184: 180: 179: 169: 165: 164: 161: 157: 156: 151: 147: 146: 139: 136: 133: 132: 117: 116: 31: 29: 22: 15: 9: 6: 4: 3: 2: 1374: 1363: 1360: 1358: 1355: 1353: 1350: 1348: 1345: 1343: 1340: 1338: 1337:Prince Hotels 1335: 1334: 1332: 1322:(in Japanese) 1318: 1313: 1309: 1304: 1303: 1282: 1274: 1258: 1250: 1244: 1239: 1223: 1217: 1202: 1198: 1192: 1190: 1174: 1170: 1164: 1149: 1145: 1139: 1124: 1120: 1114: 1110: 1100: 1097: 1095: 1092: 1090: 1089:Seibu Railway 1087: 1086: 1077: 1074: 1073: 1070: 1060: 1057: 1056: 1055: 1051: 1048: 1043: 1042: 1041: 1037: 1033: 1030: 1029: 1028: 1024: 1017: 1014: 1011: 1010: 1008: 1003: 999: 996: 993: 992: 991: 988: 987: 985: 982: 979: 974: 971: 970: 968: 963: 960: 959: 957: 954: 953: 952: 950: 942: 931: 927: 923: 920: 916: 912: 909: 905: 901: 898: 894: 890: 887: 883: 879: 876: 872: 869: 866: 862: 858: 857: 848: 845: 843: 839: 838: 829: 825: 823: 819: 815: 810: 809: 807: 803: 799: 796: 791: 790: 788: 784: 779: 778: 777: 773: 772: 771: 769: 758: 754: 750: 747: 745: 744:Itō, Shizuoka 741: 739: 735: 733: 729: 725: 722: 719: 716: 713: 710: 707: 704: 700: 699: 691: 690:Minato, Tokyo 687: 685: 681: 679: 678:Kosaka, Akita 675: 673: 669: 668:Sunshine City 666: 664: 660: 658: 654: 652: 651:Minato, Tokyo 648: 646: 642: 639: 637: 633: 631: 627: 624: 620: 618: 614: 612: 608: 606: 602: 600: 596: 594: 590: 588: 584: 582: 578: 576: 572: 570: 566: 564: 560: 558: 554: 552: 548: 546: 542: 540: 536: 534: 530: 529: 520: 517: 514: 512: 508: 507: 506: 504: 492: 489: 487: 486:Minato, Tokyo 483: 480: 476: 472: 470: 466: 464: 460: 459: 458: 456: 444: 440: 436: 432: 431: 425: 418: 409: 405: 402: 397: 391: 389: 385: 380: 378: 374: 370: 359: 355: 353: 349: 345: 341: 340:Prince Hotels 336: 334: 330: 326: 321: 320:Seibu Railway 317: 313: 309: 305: 295: 293: 289: 288:Prince Hotels 285: 284:Seibu Railway 281: 277: 273: 266: 254: 246: 241: 232: 229:.princehotels 224: 220: 216: 214: 210: 207: 204: 202: 198: 190: 185: 181: 176: 170: 166: 162: 158: 155: 152: 148: 145: 140: 134: 130: 125: 113: 110: 102: 91: 88: 84: 81: 77: 74: 70: 67: 63: 60: –  59: 55: 54:Find sources: 48: 44: 38: 37: 32:This article 30: 26: 21: 20: 1285:. Retrieved 1273: 1261:. Retrieved 1249: 1238: 1226:. Retrieved 1216: 1205:, retrieved 1200: 1177:, retrieved 1172: 1163: 1152:, retrieved 1147: 1138: 1127:, retrieved 1122: 1113: 947: 904:Kuala Lumpur 787:Kohala Coast 766: 728:Sea Paradise 502: 501: 454: 453: 445:development) 423: 406: 396:tender offer 392: 383: 381: 372: 365: 356: 339: 337: 308:World War II 301: 287: 252: 250: 213:Subsidiaries 183:Headquarters 150:Company type 143: 105: 99:October 2013 96: 86: 79: 72: 65: 53: 41:Please help 36:verification 33: 849:Leisure Inn 625:, Hokkaidō. 617:Ōtsu, Shiga 302:During the 292:Seibu Group 259:株式会社プリンスホテル 137:Native name 1331:Categories 1287:October 3, 1280:北九州プリンスホテル 1263:August 11, 1228:August 11, 1148:Kyodo News 1123:Kyodo News 1105:References 1069:Toll roads 1002:Dragondola 949:Chairlifts 846:Park Regis 804:under the 455:The Prince 450:The Prince 306:following 69:newspapers 899:property) 1207:June 26, 1179:June 26, 1154:June 26, 1129:June 26, 1083:See also 908:Malaysia 830:, Taiwan 763:Overseas 753:Kiyomizu 298:Overview 160:Industry 975:Ropeway 895:(now a 808:brand) 354:burst. 333:Zojo-ji 222:Website 168:Founded 83:scholar 1201:日本経済新聞 897:Westin 842:London 828:Chiayi 822:Taiwan 818:Taipei 726:Hotel 703:ryokan 696:Others 481:brand) 437:under 412:Hotels 373:Forbes 201:Parent 163:Hotels 85:  78:  71:  64:  56:  1256:ホテル一覧 884:(now 863:(now 730:Inn: 272:hotel 194:Japan 90:JSTOR 76:books 1289:2019 1265:2013 1230:2013 1209:2013 1181:2013 1156:2013 1131:2013 251:The 231:.com 62:news 926:Aso 770:: 227:www 45:by 1333:: 1199:, 1188:^ 1171:, 1146:, 1121:, 928:, 906:, 873:: 820:, 755:: 643:: 335:. 294:. 286:, 262:, 192:, 1291:. 1267:. 1232:. 1004:) 921:) 888:) 867:) 268:) 256:( 112:) 106:( 101:) 97:( 87:· 80:· 73:· 66:· 39:.

Index


verification
improve this article
adding citations to reliable sources
"Prince Hotels"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message

Kabushiki gaisha
Edit this on Wikidata
Toshima-ku, Tokyo
Parent
Seibu Holdings, Inc.
Subsidiaries
www.princehotels.com

Seibu-Shinjuku
hotel
Toshima-ku, Tokyo
Seibu Holdings, Inc.
Seibu Railway
Seibu Group
Allied occupation of Japan
World War II
Japanese peerage
Yasujirō Tsutsumi

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.