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Acquisition of Comfort Hotels – November 2011

M&L Hospitality is pleased to announce its latest hotel acquisitions of Comfort Hotel Kitami, Comfort Hotel Kurosaki and Comfort Hotel Maebashi all located in Japan.

The three acquired economy Comfort Hotels are all ideally located close to public transport, business destinations and popular tourist attractions in Japan. All hotels offer free high-speed Internet and free continental breakfast and are ideal for business or leisure travellers.

“The hotel’s balanced master lease agreement structures provide stable and growing cashflows making the acquisitions of Comfort Hotel Kitami, Comfort Hotel Kurosaki and Comfort Hotel Maebashi attractive ones.” said Mr Neil Maxwell, M&L Hospitality’s Chief Investment Officer.