Japanese outdoor lifestyle brand Snow Peak is opening a hot spring resort in their hometown of Sanjo City, Niigata.
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More news on the redevelopment project surrounding the Imperial Hotel
Additional details on the Uchisaiwaicho 1 Chome District Redevelopment have been released. The 6.5-hectare site is across the street from Hibiya Park and includes the Imperial Hotel.
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Hoshino Resorts to open 3 hotels in Kyoto this year
Boutique luxury hotelier Hoshino Resorts will be opening three hotels in Kyoto this year under their new OMO brand. The brand provides affordable city hotels targeting urban tourists.
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Imperial Hotel confirms Kyoto project
On May 12, the Imperial Hotel officially released plans for their luxury hotel project in Kyoto’s Gion district. This will be the fourth Imperial Hotel in Japan and the newest in almost three decades. It is also expected to be the most expensive of their hotels, with a level of service matching that of the Imperial Floors in their Tokyo hotel.
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Pandemic hasn’t slowed luxury hotel projects in Kyoto
Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection bylaws, a planned tax on holiday homes, and even a global pandemic are not enough to slow investor demand from funds and wealthy buyers both domestically and abroad.
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Luxury resort planned for Miura Peninsula in 2024
On May 12, Keikyu Corporation announced its area management plans for the Miura Peninsula in Kanagawa Prefecture. This includes a luxury resort for Jogashima Island.
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Quick real estate news summary for the week
OYO sells short-term letting unit, New World resort for Niseko, and DeNa moves into WeWork. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
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Six Senses and Banyan Tree to open in Kyoto in 2024
Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan.
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Quick real estate news summary for the week
UR acquires hotel in Harumi, LG sells office floor, and telework take-up sits at just 20%. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
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Shimane hotel sells for 2,000 Yen (US$18)
The town of Tsuwano in Shimane Prefecture has purchased an abandoned hotel and land for 2,000 Yen (approx. US$18). The 50-year old building will be demolished with the grounds turned into a public park.
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