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Foreign Investor Closes on Holiday Inn San Jose

Aju Hotels & Resorts Looks to Expand Presence in U.S.
By Bryce Meyers
CoStar News
January 23, 2015 | 10:09 P.M.

Aju Hotels and Resorts, the hospitality division of South Korean conglomerate Aju Holdings, earlier this month secured its second investment in the U.S. with its acquisition of the 354-room Holiday Inn San Jose in San Jose, CA for $53.45 million, or approximately $150,000 per key.

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