Toyoko Inn

Toyoko Inn Co., Ltd. (株式会社東横イン, Kabushiki Gaisha Tōyoko In) is a chain of business hotels in Japan, founded in 1986 and expanding rapidly from the 1990s.[2]

Toyoko Inn
IndustryHotel
FoundedJanuary 23, 1986 (1986-01-23)
FounderNorimasa Nishida
Headquarters,
Japan
Number of locations
269 hotels (as of September 2017)[1]
Area served
Japan, South Korea, The Philippines (Cebu), Germany (Frankfurt), France (Marseille)
Revenue81.9 billion yen (as of March 2017)[1]
Number of employees
10,895 (including part-time employees, as of March 2017)[1]
Websitewww.toyoko-inn.com/eng/
Toyoko Inn headquarters in Kamata
The Toyoko Inn Shinagawa-eki Takanawa-guchi in the Takanawa section of Minato, Tokyo, near Shinagawa Station

The company is headquartered in the Kamata section of Ōta, Tokyo,[1] about halfway between the central wards of Tokyo and Yokohama; its name is a portmanteau of the names of Tokyo and Yokohama. It aims for uniformity in its hotels, using as many prefabricated and bulk-purchased components as possible to reduce costs.[3] The chain is also known for almost exclusively hiring women: as of 2001, 95% of the company's workforce was female, and nearly all of its hotel managers were married women.[4]

The company has grown rapidly, increasing its number of hotels from 61 in December 2002 to 243 in July 2013, with typical rates (as of July 2013) between 4480 and 7980 yen per night for a single room.[5] Nearly all its hotels are in Japan; the exceptions are seven in South Korea.[6]

Toyoko Inn has plans to build 100 hotels in Vietnam[7] and 1 hotel in the New York City neighborhood of Long Island City in the coming years.[8]

References

  1. "会社概要 (Company Profile)" (in Japanese). Toyoko Inn. Retrieved 2012-10-25. "〒144‐0054 東京都大田区新蒲田1‐7‐4" - Map (Archive)
  2. "No frills hotels". The Daily Yomiuri. September 4, 1999. p. 9.
  3. "What is the Toyoko-Inn Concept?", retrieved May 22, 2006.
  4. "Free agents". The Nikkei Weekly. June 4, 2001. p. 3.
  5. December 2013 numbers from "Company History", retrieved July 23, 2013; July 2013 numbers and typical rates from "Hotel List", retrieved July 23, 2013.
  6. "Hotel List," Toyoko Inn
  7. "Japan firm to build 100 hotels in Vietnam". Investvine.com. 2013-03-02. Retrieved 2013-03-04.
  8. One hotel is under final construction in Marseille, France"Japan's Toyoko Inn Targets New York," The Wall Street Journal
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