Mori Trust acquires hotel development site in Gion
On May 1, real estate developer Mori Trust announced the acquisition of 2,300 sqm of land in Kyoto’s Gion district with the aim of creating a luxury hotel of an international standard.
Nintendo hotel in Kyoto to open this April
The conversion of the historic former Nintendo headquarters in Kyoto will open as a boutique hotel this April. Called ‘Marufukurō’, it is named after Marufuku, the name of the previous corporate incarnation of Nintendo.
Kyoto may be first city in Japan to introduce a tax on empty homes
Kyoto City is looking at introducing a special tax on vacant ‘akiya’ homes, in what could become the first akiya tax in Japan.
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.
Historic home in Kyoto donated to university
The former home of noted theoretical physicist and Nobel laureate Hideki Yukawa (1907-1981) has been donated to Kyoto University.
Luxury hotelier to pay 1.5 billion Yen for historic site in Kyoto
The operator of a luxury, boutique hotel in Hakone has been selected as the successful bidder for a historically significant site in Kyoto City.
Historic villa in Kyoto sold last month
A Kyoto-based asset management and real estate company acquired a historic ryotei-style restaurant in the city’s Higashiyama district in July.