Posts Tagged “Kyoto”

Kyoto hotel industry boosted by foreign tourists

Kyoto hotel industry boosted by foreign tourists

Hotel revenues and occupancy rates in Kyoto are rising thanks to the recent boom in foreign tourist numbers. Even the typical off-season months in winter and summer are now seeing strong demand for accommodation. According to the Kyoto Convention Bureau, a survey of 34 hotels catering to foreign tourists found that the hotel occupancy rate…

Demolition of philosopher’s home in Kyoto starts this week

Demolition of philosopher’s home in Kyoto starts this week

Demolition of the former home of philosopher Kitaro Nishida (1870-1945) started earlier this week. Nishida, founder of the Kyoto School of philosophy, rented the traditional Japanese house from 1912 ~ 1922. It is 500 meters north-west of Kyoto University, where he was a professor. The 2-storey, wooden house was built in the later part of…

Historic school building in Kyoto to be converted into boutique hotel

Historic school building in Kyoto to be converted into boutique hotel

A 83-year old former elementary school building in Kyoto will be renovated and converted into a luxury, 40-room boutique hotel. On May 20, Kyoto City announced that they will sign a 60-year lease with NTT Urban Development Corporation. NTT will pay an annual rent of 65 million Yen (590,000 USD) for the building and land.

Local group wants to curb speculative investment in Kyoto apartments

Local group wants to curb speculative investment in Kyoto apartments

A citizen’s group in Kyoto is campaigning for the city to introduce regulations to curb the recent speculative buying of apartments in the history city. On January 22, the Kyoto Community Development Citizen Association submitted a proposal to Kyoto City’s Town Planning Department seeking counter-measures against an overwhelming increase in real estate prices.

Kyoto apartment sale breaks price record

Kyoto apartment sale breaks price record

A 749 million Yen (6.1 million USD) penthouse apartment in a luxury condominium currently under construction in Kyoto has sold out on the first day of sales. 26 of the building’s 85 apartments were offered for sale last weekend. They were priced from 41.8 ~ 749 million Yen (340,000 ~ 6,100,000 USD). A total of…

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…

Renewal of modernist theatre in Kyoto reaches completion

Renewal of modernist theatre in Kyoto reaches completion

Construction and refurbishment of the 55-year old Kyoto Kaikan building finished earlier this month. The original hall was designed by leading modernist architect Kunio Maekawa (1905-1986) and built in 1960. However, theatre stages were too small and the building was not equipped for operas or ballet performances. The building’s condition was also starting to deteriorate….

Developer abandons plans to build apartments on former Kyoto hotel site

Developer abandons plans to build apartments on former Kyoto hotel site

Hankyu Realty have given up on plans to build apartments on the site of the former Kyoto Kokusai Hotel after facing strong opposition from Kyoto City officials who want to see a new hotel built instead. The development site is located in a prime position across the street from the east entrance to Nijo Castle…

Kyoto’s machiya revival

Kyoto’s machiya revival

The traditional wooden merchant houses (machiya) lining the streets in Kyoto are a defining part of the historic city’s atmosphere. Yet, over 5,000 of these machiya are vacant, and approximately 2% of them are demolished each year. Some of these homes are being converted into guesthouses and have been very popular with foreign visitors.

Nanzen-ji: Japan’s most expensive and exclusive residential area

Nanzen-ji: Japan’s most expensive and exclusive residential area

London has Kensington Palace Gardens, Hong Kong has Pollock’s Path and Monaco has Avenue Princesse Grace. Japan’s most expensive and most exclusive neighbourhood is not in Tokyo, but in the grounds of a temple in the historic former capital of Kyoto. Nanzen-ji is a Zen Buddhist temple that was first established in 1291 by Emperor…

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