Posts Tagged “Hakone”

Hakone Fujiya Hotel to close for 2 years for earthquake retrofitting

Hakone Fujiya Hotel to close for 2 years for earthquake retrofitting

Last month, Hakone’s historic landmark Fujiya Hotel announced that they will be temporarily closing the hotel from April 2018 to conduct necessary earthquake retrofitting and refurbishment. The hotel will re-open in Spring 2020. Fujiya Hotel’s main building was built in 1891 and is registered as a National Tangible Cultural Property along with the Comfy Lodge,…

Hakone modernist hotel to close next year

Hakone modernist hotel to close next year

Hakone Hotel Kowaki-en will close its doors in January 2018, marking the end of 60 years of operations. The 224-room hotel was designed by modernist architect Yoshimura Junzo and built in 1959. The hotel’s garden dates back to 1914. The hotel closure is due to aging buildings and facilities. The owner and operator, Fujita Kanko,…

Restauranteur planning big expansion into luxury hotel business

Restauranteur planning big expansion into luxury hotel business

Hiramatsu, a famous French and Italian restauranteur, announced bold plans for their newly created hotel brand. In July, they opened The Hiramatsu Hotels & Resorts Kashikojima in Mie Prefecture. The small-luxury resort has just 8 guest suites and is targeted towards wealthy individuals with a net worth of over 100 million Yen. Room rates, which include…

Private villa and gardens in Hakone

Private villa and gardens in Hakone

198,000,000 Yen House & Land Hakone, Kanagawa  ABOUT This is a traditional-style Japanese house and gardens located 2.3 kilometres from Gora Station and 1.5km from Kowakudani Station. The house is located in a private position with no nearby neighbours. Although there are several resort villas/apartments down the street, this is the only house in the immediate…

Hakone Hot-Spring Land

Hakone Hot-Spring Land

Land with hot spring source Hakone, Kanagawa Prefecture 120,000,000 Yen  ABOUT Raku-yujurin is a former hot spring resort in Hakone. It is located in the Miyanoshita district and just along the street from the historic and famed Fujiya Hotel – a hotel with a 125-year old history that has hosted guests including Archduke Franz Ferdinand of…

HULIC moves into luxury ryokan business

HULIC moves into luxury ryokan business

To capitalise on the growing industry for luxury boutique-style ryokans (traditional Japanese inns), real estate giant HULIC and Kato Pleasure Group (KPG) established KH Resort Management on July 1. The company will engage in the operation of ryokans as well as providing consulting services. In April 2015, HULIC acquired two hotels from KPG – the…

Luxury ryokans seeing surge in investment

Luxury ryokans seeing surge in investment

With expectations of growing demand from travellers and foreign tourists, luxury ryokans (traditional Japanese inns) and hotels across Japan are now a highly sought-after target by funds and major real estate companies. This means foreign investors looking to get into the hotel market in Japan will be facing increasingly tough competition from domestic investors. This…

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