Japan needs new top hotel for Olympia Summer Games 2020 – Ten new upscale hotel construction projects with 1,700 rooms

Tokyo, Japan – 22 April 2015 – More and more tourists are visiting Japan, which is in the sense of the government, who plans to become the island country as holiday destination more into the international focus. Especially in Tokyo several new hotel projects are in the pipeline in the next years as the Olympic Summer Games in 2020 promotes the willingness for investments. At these hotel projects economic standards will play a bigger role than before. According to TOPHOTELPROJECTS, the worldwide leading provider for global b2b hotel data, currently ten new top hotels with 1,780 rooms are in the pipeline.

Four Seasons hotel project with 186 rooms  in Kyoto, Japan - Opening scheduled in fall 2016

Four Seasons hotel project with 186 rooms in Kyoto, Japan – Opening scheduled in fall 2016

Within the next 15 years the number of international tourists is about to tripled. Until 2020 this number could reach 20 million; until 2030 the government is targeting 30 million visitors. In 2013 the “ten million border” was crossed for the first time, but in the same year in the international comparison Japan reached only place 27 and within Asia just the eighth place (behind for example South Korea).

The goals are considered to be very ambitious. But with the Summer Olympics and the Paralympics in 2020 the tourism industry in Tokyo will get a powerful boost. Already in 2014 the Japan National Tourism Organization announced another record year with 13,41 million tourists. This was another increase by more than 29% compared to the previous year. With 83,3 percent most of the visitors are Chinese. Reasons for the growing attract of the country are primarily the great Yen course as well as the Visa easement for the South East Asian countries. Furthermore, in the period between July 2013 and July 2014 the entry formalities for eleven countries were simplified.

Already in 2013 it was noticeable that the hotel capacity in Tokyo soon will reach its limit, if further investments should stay out. In 2013 the capital reached in the “business hotels” category an occupancy rate of 82.7 percent and in the “city hotels” category even 85 percent. Although new hotel capacities were added in recent years, business travellers no longer have a free choice where to stay. The most popular places are often booked out. Therefore these hotels can afford to dispense with usual discounts. Thus, increases in sales by ten to twenty percent can be achieved, for example at the Hotel Okura.

The expected tourism crowds arouse the interest of hotel operators and contractors but also by numerous suppliers, who are hoping for business in the equipment segment. The statistics of the Ministry of Health, Labour and Welfare (MHLW), which is responsible for hotel projects, showing that Tokyo currently has about 100,000 hotel rooms.

Both high-class five-star hotels and budget hotels (with costs up to 10,000 yen per night) are on the list of proposed projects. In summer 2014 the hotel chain Hyatt opened the luxurious Andaz Tokyo Toranomon Hills. The 106-room Dormy Inn in the Ueno Okachimachi district, which will be completed later this year by the Kyoritsu Maintenance Company, will be in the more affordable category. Also affordable are four hotels by Sotetsu Holdings with a total of 641 rooms, which are planned by the name “Sotetsu Fresa Inn” for fall 2016.

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