Name
Toshio Motoya
Toshio Motoya
Tokyo, Japan
Japan
hotels, Self Made
$1,200,000,000
1818
#36 Japan's 50 Richest 2019
#1818 Billionaires 2019
Toshio Motoya founded hotel chain APA in 1980, targeting travelers on a budget; he is the owner of the group.Motoya is APA Group CEO, his eldest son Isshi is group president, and his wife Fumiko is president of the chain.The chain has nearly 500 hotels in Japan and had revenues of $1.2 billion and profit of $218 million in the year through November 2018.The company expanded into North America with the acquisition of Vancouver, Canada-based Coast Hotel chain in 2016 for a reported $210 million.He is a supporter of right-wing political causes in Japan, and writes essays in his company magazine and books on history and culture.
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