TOKYO – Morgan Stanley is buying 13 hotels from Japanese carrier All Nippon Airways Co. for 281 billion yen ($2.4 billion) in a deal roughly doubling the U.S. investment banks portfolio of hotels in Japan. The purchase, to be completed June 1, includes high-end hotels in Tokyo, the resort island of Okinawa as well as northern and southern Japan, ANA said in a statement. Jones Lang LaSalle Hotels is representing ANA in the deal. Morgan Stanley, one of the first investors to begin buying Japanese properties, already has interests in 14 hotels in Japan.
