Hilton Garden Inn to open in Nagasaki
On April 24, Daiwa House Industry announced plans to open the Hilton Garden Inn Nagasaki Chinatown in Nagasaki City. This will be the second Hilton-branded hotel in Nagasaki and the first Garden Inn property in Kyushu.Read more
Niseko developer faces court-issued bankruptcy order
A developer of a 200+ room luxury condo-hotel in Niseko was issued an order of commencement of bankruptcy proceedings by the Tokyo District Court on April 8. Creditors have until May 13 to file proofs of claims.Read more
Japan’s hotel industry hits record high of 5.5 trillion Yen in 2024
Japan’s hotel and ryokan industry reached a record high revenue of 5.5 trillion Yen (US$37 billion) in 2024, according to the Teikoku Databank, surpassing the previous peak of 5.2 trillion Yen recorded in 2018.Read more
Hotel bookings up as Osaka expo approaches
With two weeks to go until the opening of Expo 2025 in Osaka and some sluggish ticket sales, there appears to be a noticeable increase in hotel reservations compared to last year.Read more
Nagoya hotel sells for 7.7 billion Yen
One REIT acquired the trust beneficiary rights to the Comfort Inn Nagoya Sakae Ekimae hotel in March for 7.74 billion Yen. This is the REIT’s first acquisition of a hotel, following its 2024 announcement that it would be considering assets other than offices.Read more
Foreign tourists now majority of hotel guests in Tokyo and Kyoto
Foreign tourists spent 41.5% more nights in hotels in 2024 compared to 2019, according to the Japan Tourism Agency. Total nights by domestic and foreign travelers reached 650 million for the year, up 5.3% from 2023 and up 9.1% from 2019. Of that, foreign tourists accounted for 25.1%, up from a 19.1% share in 2023 and a 19.4% share in 2019.Read more
Hotel owner looks to sell 205-room Okinawa property
The owner and operator of a 205-room hotel in Okinawa is considering selling it as they shift their focus to larger development projects on the island.Read more