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Goldman Sachs Courting Japanese Love Hotels?

Where: Japan
March 16, 2005 at 9:03 AM | by | Comments (0)

According to the Asia Times, Goldman is looking into purchasing a bevy of Japanese Love hotels--to help their bottom line, of course. Love hotels rake in over 4 trillion yen ($37 billion) a year, a bit more than the GDP of Cuba.

Taboo or not, such staggering figures as these have not escaped international investors. However, the industry does not come without "negative fundamental" issues, least of which may be the lack of a wholesome family image.

Goldman worried about a "wholesome family image?" Do you know what these I-Bankers do for a living? Our guess is many Goldman employees are intimately familiar with the Love Hotel business model. Goldman is famous for thorough analysis.

Related Stories:
·   Osaka Love Hotels The Room Menu [HotelChatter]
·   Japanese Love Hotels [HotelChatter]

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