BBC report on Japanese love hotels
July 17th, 2009 by James
The BBC reports on how Japanese love hotels are still doing well during the economic downturn:
Foreign correspondents in Japan sure do seem lazy! This report is a recycled version of reports already made by Reuters and CNN. Like both of those news outlets, the BBC talks to Steve Mansfield, a hotel owner who feeds them PR about the great condition of his hotels and his company. It is unclear just how much this industry is “booming,” but you can be sure that these news reports are helping Mr. Mansfield find lots of investors.
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I was just going to say, “hasn’t this been posted already?”
>>Foreign correspondents in Japan sure do seem lazy!
Japan basically isn’t a hot story like it was in the early 90s.
You still get the occasional bit of up-to-date political news in the UK. Aso’s election troubles have been widely reported, for example. But a lot of stories are culture based, like this one, rather “thoss wacky Japanese” in nature and they are old or recycled.
You forgot Bloomberg!
http://www.mutantfrog.com/2009/05/22/bloomberg-on-love-hotels/
I wonder if this guy’s strategy is to create a buzz about wacky Japan stuff, pump up his stock price, and then sell off at the top and walk away a rich man while all the suckers are stuck holding the bag.
Then he can start telling people about the great investment opportunities in the butsudan and oshibori industries or pick your own random piece of Japanese culture.