Posts Tagged “Kyoto Machiya”

Hublot moves into historic machiya in Gion, Kyoto

Hublot moves into historic machiya in Gion, Kyoto

Swiss watch brand Hublot will be opening up a boutique in an old machiya-style townhouse in Kyoto’s famous Gion district on August 26. The previous tenant was Hermes. The shop will feature custom Japanese washi paper and wickerwork replicating the company’s logo, while customers will receive Japanese-style folding fans as gifts.

Renovated machiya guesthouse in Kyoto makes 1 million Yen in first month

Renovated machiya guesthouse in Kyoto makes 1 million Yen in first month

A renovated guesthouse located just 7 minutes from Kyoto Station has made a gross turnover of 1 million Yen (approx. 9,150 USD) in the first month of operations. Yadoru Kyoto Washi-no-Yado is a 102-year old traditional Kyoto machiya-style townhouse that was given a full renovation and converted into a holiday rental. The occupancy rate for…

Lingerie company to start Kyoto machiya accommodation business

Lingerie company to start Kyoto machiya accommodation business

On May 30, Japanese lingerie company Wacoal Holdings announced that they will be starting an accommodation business that will feature Kyoto’s traditional machiya residences. From early 2018 onwards, the company plans to renovate old machiya into hotel-like guesthouses targeting tourists, with two or three machiya to open next year. Their goal is to manage 50 machiya over…

2.2 Traditional machiya houses in Kyoto are demolished each day

2.2 Traditional machiya houses in Kyoto are demolished each day

Kyoto City is losing its traditional machiya townhouses at an alarming rate, with an average of 2.2 of these symbolic houses demolished each day. On May 1, Kyoto City announced that approximately 5,600 machiya have been demolished over the past seven years. In 2016, a survey found that there were 40,146 surviving machiya in the…

Kyoto machiya popular with foreign buyers

Kyoto machiya popular with foreign buyers

According to the Urban Research Institute Corporation, foreign corporations acquired 1.2 billion Yen of real estate in Japan in 2014, 2.8 times higher than the figure in 2013. This accounted for a little over 20% of the value of all transactions nationwide. While most of the foreign investment is centred in Tokyo, Kyoto is also…

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