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February 15, 2006
Ishin Hotels Group
Announces the Acquisition of “Hachioji Plaza Hotel”


Ishin Hotels Group (President and CEO: Michael Nigitsch/ Toranomon, Minato-ku, Tokyo Japan) announced the acquisition of “Hachioji Plaza Hotel” (Hachioji, Tokyo, Guest rooms: 195) on February 15, 2006 from Maia, a private limited company
“Hachioji Plaza Hotel” is conveniently located at the center of Hachioji, and is only a minute-walk from Keio Hachioji station. Close to the hotel are several prestigious colleges such as Chuo University and many other sightseeing locations such as Sanrio Puroland and Tama Zoo. Mainly used by business people and tourists, guests of various generations stay at this hotel. Also, many students stay during their entrance exam period and summer school season.
Green House K.K., the current hotel operator will continue its operations in accordance with the existing operation management contract between the former owner and Green House KK. After the term expires, Ishin Hachioji Operations will begin its operations of the hotel.
Ishin Hotels Group will enhance new products and services to satisfy guests and attract different markets by offering suitable accommodation plans.

For further information on this news release, contact:

Ishin Hotels Group (ATTN: Ms.Aso/ Ms. Masaka)
Kamiyacho Central Place 10F, 4-3-13 Toranomon, Minato-ku, Tokyo Japan
TEL:03-5733-7733 Fax:5733-7734

Hachioji Plaza Hotel

Address: 4-6-12, Myojincho, Hachioji, Tokyo 192-0046
Tel: 0426-46-0111 Fax: 0426-46-0004
http://www.hachioji-plaza.co.jp/
     
Opening Day: April 24, 1987

Building outline: Land area/ 1,225.06m²
Building area/ 1,005.87m²
Floor area/ 7,343.68m²
Stories/ 12 stories high, 2 basement floors, 1 tower story

Hotel facilities: Guest rooms/ 195 (Singles, Twins, Doubles)
Restaurant/ Le Ginkgo (Western-style food)
Banquet halls/ 7 banquet halls

Others: Parking space

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