Thai firm opens 2nd hotel in the city
The exterior of Centara Life Namba Hotel Osaka.
SET-listed Central Plaza Hotel (Centel) is capitalising on the growing Japanese tourism sector with the launch of Centara Life Namba Hotel Osaka, its second hotel in Osaka."The tourism and hotel sectors in Osaka are continuing to expand, with the number of travellers projected to increase by 5-7% annually," said Andy Noh, cluster general manager of Centara Grand Hotel Osaka and Centara Life Namba Hotel Osaka.
The Japanese government's strong commitment to promoting tourism at the national level is a key factor supporting the industry's long-term growth, he said.
The Bank of Japan forecasts economic growth of 0.5% for fiscal 2026.
