When you think of wise investments, you probably don’t think of shady hotels where illegitimate couples go to have sex. Reuters is reporting otherwise. Japan Leisure Hotels, a company that owns five love hotels across the country, is going public. Its current holdings are worth $43.68 million—it plans to expand post-IPO by luring in European investors and expanding its business 14 fold, adding about 1000 for-sex-only rooms in the next two years.
Besides the fact that love hotels are kind of gross, one has to admit that it’s a thriving business. Have you ever walked around Shibuya’s 100 Hotel City after 1am? It’s real busy, and there are a lot more neon "Full" signs than "Vacancy" signs.
For more on some of the coolest love hotels ever, click here.