HISTORY

1977

"Continental Lease Ltd.," Ken Corporation’s first affiliate company, was established in Roppongi, Minato Ward, Tokyo, Japan.

Investment in capital: 1,000,000 yen

1979

Name of "Continental Lease Ltd." changed to "Kenpo Ltd."

1980

Notation of "Kenpo Ltd." changed in Japanese.

Investment in capital: 20,000,000 yen.

1993

Head office relocated to 1-5-7 Azabudai, Minato Ward, Tokyo, Japan.

1997

Head office relocated to 1-2-7 Nishi-Azabu, Minato Ward, Tokyo, Japan.

1998

Name changed to "Ken Real Estate Lease Ltd."

Increased capitalization to 20,000,000 yen.

Office building lease business initiated with purchase of Shibuya Center Building.

1999

Head office relocated to 1-3-10 Nishi-Azabu, Minato Ward, Tokyo, Japan.

2000

Acquired "Embassy Suites Hotel Lake Tahoe Resort" (Currently "Lake Tahoe Resort Hotel").

2001

Increased capitalization to 50,000,000 yen.

2003

Acquired "Renaissance Sapporo Hotel" (Currently "Premier Hotel -TSUBAKI- Sapporo").

2004

Acquired "TOKO CITY HOTEL Matsumoto" (Currently Premier Hotel -CABIN- Matsumoto").

Acquired "Aqua Resort Club Saipan."

Acquired "TOKO CITY HOTEL Umeda" (Closed for rebuilding in 2015).

Acquired "Hotel PACO Junior Susukino" (Currently "Premier Hotel -CABIN- Sapporo").

Acquired "Kanazawa Hakuchoro Hotel" (Currently "Kanazawa Hakuchoro Hotel Sanraku").

2005

Head office relocated to 1-2-7 Nishi-Azabu, Minato Ward, Tokyo, Japan (Same building as the Head Office of Ken Corporation).

Established the Hotel Business Department. Hotel business under Ken Corporation is transferred to this Department.

Acquired "Hotel JAL City Nagano."

Acquired "Sheraton Anaheim Hotel" (Currently "Anaheim Majestic Garden Hotel").

Acquired "Pacific Island Club Guam."

Acquired "Hotel Arthur Sapporo" (Currently "Premier Hotel Nakajima Park Sapporo").

Acquired "Hotel JAL City Aomori."

Re-branded and re-opened "Novotel Sapporo" (formerly "Hotel Arthur Sapporo").

2006

Opened PHR KOREA (Korean Office) in Seoul, South Korea.

Opened Premier Hotels & Resorts Korea Ltd. (Currently PHR Korea, Ltd.).

Acquired "Palace Hotel Guam" (Currently "Sheraton Laguna Guam Resort").

Acquired "Hyatt Regency Guam."

2007

Opened PHR GUAM (Guam Office).

Opened "P.H.R. Ken Asset Management, Inc." (Currently "PHR Ken Micronesia, Inc.").

Acquired Golf course "Country Club of the Pacific (CCP)" (Guam).

Acquired "Luke Plaza Hotel" (Nagasaki City, Japan).

Reopened "Sheraton Laguna Guam Resort."

Acquired "Hotel Castle" (Yamagata City, Japan).

Acquired "Hilton Guam Resort & Spa."

Acquired "Nasu Onsen Sanraku."

2008

Acquired "Hotel Nikko Guam."

2009

Opened PHR Management, Inc. (North American Office).

2011

Acquired "Pacific Island Club Saipan."

2012

Increased capitalization to 100,000,000 yen.

Acquired "Hotel Paco Asahikawa" (Currently Premier Hotel - CABIN- Asahikawa" and "Hotel Paco Obihiro (Currently Premier Hotel -CABIN- Obihiro)."

Acquired "Hotel Resol Hakodate."

2013

Acquired "Kinugawa Onsen Sanraku"

2014

Acquired "Hotel Tor Road" (Currently "Kobe Tor Road Hotel Sanraku").

Launched "Sanraku" brand.

2015

Acquired "Mojiko Hotel" (Currently "Premier Hotel Mojiko").

Re-branded "Kobe Toa Road Hotel Sanraku" and "Kanazawa Hakuchoro Hotel Sanraku."

Launched the New "Premier Hotel -TSUBAKI-" brand, "Premier Hotel Group"

Re-branded "Anaheim Majestic Garden Hotel" (formerly "Sheraton Anaheim Hotel").

Opened "Hyatt Regency Naha Okinawa."

Re-branded "Premier Hotel -TSUBAKI- Sapporo" (formerly "Renaissance Sapporo Hotel").

Acquired "Hotel Vintage Shinjuku" (Currently "Premier Hotel -CABIN- Shinjuku").

Acquired "Loisir Hotel Hakodate" (Currently "Four Points by Sheraton Hakodate").

2016

Real Estate Department relocated to 1-3-10 Nishi-Azabu, Minato Ward, Tokyo, Japan (within Ken Corporation's annex building).

Re-branded "Premier Hotel Nakajima Park Sapporo" (formerly "Novotel Sapporo").

Simultaneously re-branded all facilities in "Premier Hotel -CABIN-"series (locations are in Sapporo, Asahikawa, Obihiro, Shinjuku and Matsumoto).

Acquired "JAL Private Resort Okuma" (Currently "Okuma Private Beach & Resort").

Re-branded "Premier Hotel Mojiko" (formerly "Mojiko Hotel").

Re-branded "Loisir Hotel Hakodate" into "Four Points by Sheraton Hakodate".

2017

Acquired "RIHGA Royal Gran Okinawa".

Opened "Premier Hotel -CABIN- Osaka" (formerly "TOKO City Hotel Umeda").

Re-branded "Okuma Private Beach & Resort" (formerly "JAL Private Resort Okuma").