According to people familiar with the matter, US private equity giant Bain Capital (Bain Capital) has restarted plans to sell Japan's Ooedo Onsen Monogatari Hotel (Ooedo Onsen Monogatari), which operates about 38 hot spring hotels and resorts across Japan.

A person familiar with the matter, who asked not to be named, said that Bain is seeking to raise at least 1 billion US dollars through this sale. In 2015, Boston-based Bain Capital bought the Japanese company for 50 billion yen ($449 million per month).

The person familiar with the matter mentioned above said that Bain Capital has already contacted several bidders in China. However, related discussions are still in the early stages, and the possibility that Bain Capital will cancel the sale plan is not ruled out. A representative for Bain Capital declined to comment.