Luxury onsen planned for Lake Shikotsu, Hokkaido
Tsuruga Holdings will be developing a luxury hot spring resort in Shikotsuko Onsen in Chitose, Hokkaido.
The hotel group plans to demolish the existing Shikotsuko Hokkai Hotel and replace it with a 3-storey, 24-room hotel with completion scheduled for early 2018. The new resort will feature open air ‘rotemburo’ hot spring baths in each room.Read more
Chinese developer to build luxury resort in Lake Toya
Goldcommon Group, a Chinese property developer, is investing 10 billion Yen (99 million USD) into developing a high-grade hotel on the shores of Lake Toya in Hokkaido.
The resort will contain approximately 500 rooms for as many as 1,500 guests. The group hopes to create a resort suitable for long-term stays from wealthy tourists from China and other Asian countries. Operations are expected to commence in 2019.Read more
Hotel development boom in Karuizawa
Karuizawa, an upscale summer resort town in Nagano Prefecture, is seeing an increase in both the construction of new hotels and the refurbishment of existing properties. The opening of the Hokuriku Shinkansen bullet train line extension in March 2015 has further improved access for tourists, and has attracted the interest of several hoteliers who are planning new projects in the town.Read more
50-yr old office building in Tokyo converted into hostel
Yasuda Real Estate has converted a 50-year old office building in Chuo-ku, Tokyo, into a tourist-oriented hostel.
The owl-themed Wise Owl Hostels Tokyo is located above Hatchobori Station on the Hibiya Metro Line. Floors 2 ~ 5 will have dormitory and private-room accommodation, while the 6th floor will have a furnished, 2-Bedroom serviced apartment of 83 sqm (860 sq.ft) in size. The apartment can accommodate up to four guests, with a minimum stay of one month. The monthly rent has yet to be announced.Read more
Mori Trust planning new luxury hotel in Sapporo
Mori Trust have acquired the Norinchukin Bank’s Sapporo Branch building and land in Sapporo’s Odori Nishi 5 Chome district for approximately 9 billion Yen (88 million USD). The real estate developer plans to demolish the existing 60-year old building and place it with a high-end hotel catering to wealthy foreign tourists. Completion is tentatively scheduled for around 2020.Read more
Investment company takes over stalled resort project in Hokkaido
MA Platform, an investment company affiliated with Mori Trust, is planning a large-scale resort development catering to foreign tourists in Hokkaido’s Tomakomai City. Construction is scheduled to start in 2017 with partial completion by 2020 and full completion by 2026.
The 1,057 hectare site is privately owned forestry which is being leased out by the local landholder. Approximately 42 hectares will be used for the development, which will include a 330 room hotel in three buildings as well as 40 holiday cottages. The first hotel building containing 150 rooms is expected to be completed by 2020. An internationally-branded hotel chain is expected to operate the hotel, with some rooms being available for purchase individually. The holiday cottages may be custom-built for buyers.Read more