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Nikkei Asia: Rihga Royal Hotel Osaka to be sold to Canadian investment firm

Nikkei Asia: Rihga Royal Hotel Osaka to be sold to Canadian investment firm

OSAKA -- Japanese hospitality company Royal Hotel will sell the land and buildings of its flagship Rihga Royal Hotel Osaka to a Canadian real estate investment firm under plans announced Friday, aiming to lure affluent international travelers by undergoing renovations.

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