
Kyoto City is selling a 3,000 sqm site on the northern side of Nijo Castle to real estate developer Open House Co., Ltd. The developer is planning to open a low-rise hotel in 2024.
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Kyoto City is selling a 3,000 sqm site on the northern side of Nijo Castle to real estate developer Open House Co., Ltd. The developer is planning to open a low-rise hotel in 2024.
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Kyoto City is considering relaxing its strict building height limits on a case-by-case basis. Some locals, however, are concerned that could ruin the character of the historic former capital.
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According to the Kyoto City Tourism Association, hotel occupancy rates are slowly on the rise as the historic former capital recovers from the coronavirus pandemic. Conditions have improved for the past four months, and Japanese guest numbers are close to 80% of what they were pre-pandemic.
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On February 4, Hilton announced plans to open an LXR-branded luxury hotel in Kyoto. The resort will be located within the 28-acre Shozan Resort Kyoto on the site of a former bowling alley.
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The Kyoto branch of the General Association of Korean Residents in Japan (Chongryon), has been foreclosed on with public bidding to be held from February 13 ~ 20.
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The 90-year old former headquarters of Nintendo will be converted into a boutique hotel. The conversion project will see the historic building refurbished into a 20-room hotel with a restaurant, and guest gym and baths.
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With over 1000 owners, some heirs to a traditional townhouse in Kyoto have found themselves unable to sell.
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Hiramatsu, a fine-dining and wedding function company, will be opening a boutique luxury hotel in Kyoto in March 2020.
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Kyoto City is considering a plan that would increase the maximum floor-area ratios for the Higashi-Kujo district near Kyoto Station. The district is currently filled with many small and old wooden houses, along with idle city-owned land.
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In 2019, Standard Land Prices for commercial land in Japan’s regional areas recorded a 0.3% increase – the first time positive growth has been seen since 1991.
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