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Domestic tourism to drive Japan hotel recovery - JLL

The road back for Japan's hotel industry is set to be characterised by domestic tourism, pricing reassessments of assets and limited distressed sales in the short term, according to JLL.

Markets

Japan's JW Marriott Nara becomes 800th Marriott International hotel to open in the Asia Pacific

The Nara Prefecture in Japan has played host to a Marriott milestone, welcoming the company's 800th Asia Pacific hotel in the form of JW Marriott Nara.

Properties

IHG welcomes second Holiday Inn Resort in Japan in mountainous Kuroyon

ANA Holiday Inn Resort Shinano-omachi Kuroyon opened 1 July in Nagano, Omachi city, combining international know-how and spectacular natural surrounds for an all-new resort experience.

News Roundup

https://www.rethinktokyo.com/2018/09/19/akiya-banks-abandoned-homes-japan

Akiya banks: Real estate listings promoting sales of abandoned Japanese homes

Akiya — abandoned homes — can be an affordable option for entering the real estate market in Japan. Here are some tips for how to find them and what to consider.

REthink Tokyo

https://www.rethinktokyo.com/free-houses-japan-countryside

"Free houses" in Japan: Where they are and how to get one

Rural Japanese towns are so desperate for younger residents that they are giving houses away for free(ish).

REthink Tokyo

https://www.therealestateconversation.com.au/news/2019/02/07/gurner-st-moritz-30m-penthouse-breaks-melbourne-record-after-being-sold-antony

Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano

Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.

The Real Estate Conversation

https://www.therealestateconversation.com.au/news/2019/01/14/labors-proposed-changes-adding-market-uncertainty-says-reia/1547421628

Labor's proposed changes 'adding to market uncertainty', says REIA

The Real Estate Institute of Australia has described Labor's proposed changes to negative gearing and capital gains tax as "dangerous".

The Real Estate Conversation

https://www.rethinktokyo.com/2018/05/23/airbnb-japan-registration

The future of Airbnb in Japan: Cloudy, with a strong chance of bureaucracy

The homesharing law that looked set to level the playing field seems to be closing it off instead, and Japan Airbnb renters are growing increasingly concerned about their investments.

REthink Tokyo

https://www.rethinktokyo.com/2017/12/12/6-elements-japanese-traditional-architecture/1513026009

6 elements of Japanese traditional architecture

An overview of some of the main characteristics of traditional Japanese architecture.

REthink Tokyo