The board of directors of Polaris Holdings Co., Ltd. resolved to enter into a Revenue Guarantee Contract with affiliates of Star Asia Group, to solidify minimum profitability related to the hotel operations of the six hotels. As a result of Polaris' strong growth initiatives, this transaction will increase its hotels under management by +26% to 31 hotels with 5,706 rooms.
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- Polaris Holdings Co., Ltd. Enters Revenue Guarantee Contract with Affiliates of Star Asia Group