OUT OF TUNE

摘要

Red Planet Hotels has ended its relationship with Tune Hotels, rebranding 21 of its existing hotels to launch the Red Planet value brand across its portfolio. The new brand immediately consists of 24 hotels with 3,783 rooms in Japan, Thailand, Indonesia and the Philippines. In addition to the existing portfolio, CEO Tim Hansing says Red Planet will be opening the new brand'sflagship properties in Tokyo and Bangkok this year. The company, founded in 2011, has raised several rounds of capital from private investors and anticipates a future public listing.