Abandoned hotel worries worsen in Nikko
Several dangerously dilapidated and abandoned hotels in Nikko’s Kinugawa onsen district have the city concerned.
The city has identified 16 abandoned hotels and ryokans in need of action. Three hotels have fallen into a dangerous level of disrepair, with the owners nowhere to be found. The 8 and 10-story concrete buildings are located on cliffside land between Kinugawa River and the national highway and have been closed for 10 ~ 20 years.
No buyers for abandoned hotels
Shuttered and abandoned, the Tenninkyō Grand Hotel in the Daisetsuzan National Park in Hokkaido is one of many dilapidated hotels across Japan that cannot even be given away.
US fund to acquire Ooedo Onsen Monogatari
Boston-based private investment firm Bain Capital announced the sale of Ooedo Onsen Monogatari to US fund Lone Star Group. The transfer of the management rights is expected to take place by the end of February.
Landmark hotel in Atami closes its doors
Atami’s Hotel New Akao closed its doors for good on December 17, ending 48 years of operations. With demand not expected to return in the near future and an aging building, the decision was made to shut down.
Construction starts on Nihonbashi high-rise
Construction has now started on a 52-story mixed-use development alongside Nihonbashi River. The 284-meter tall tower will include 100 luxury residences on the top four floors. A further 50 apartments will be included in the 7-story low-rise building alongside the river.
Hotel New Otani offering month-long stays for 2.8 million Yen
The Hotel New Otani in Tokyo is now offering long-term stays in their New Edo Residence rooms. So far, two former hotel rooms on the 21st floor in the Garden Tower have been refurbished and converted into a 77 sqm suite and a 55 sqm deluxe room.
Luxury hotels fill gap in Kyoto's high-end hospitality sector
With domestic tourism recovering, luxury hoteliers are focusing their attention on the historic city of Kyoto.