Popular with foreigners and known for its luxurious service, the small Hotel Seiyo Ginza, in Tokyo's upscale district, will close on May 31, a hotel manager said Thursday.

Its parent company is selling the building and site.

Opened in March 1987, the 77-room hotel is located in the Ginza Theatre Building, which also houses movie and stage theaters on Ginza's main Chuo Street.