• Bloomberg

  • SHARE

Lone Star Funds, a Dallas-based buyout firm, canceled plans to sell more than 50 Japanese hotels because it couldn’t get its asking price of as much as ¥170 billion, two sources familiar with the proposals said.

The Solare Hotels and Resorts Co. properties were put on the market in December, said the sources, who declined to be identified because the cancellation isn’t public.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW