Hyatt has entered into a management agreement
with Hokkaido Alpine Resort Management GK, an affiliate of
LimeTree Capital, for a 91-room Hyatt House hotel in Niseko,
The upscale, extended stay hotel will be rebranded as Hyatt
House Niseko on 16 December 2018.
Situated in the very heart of Hirafu Village and within a short distance to Hirafu's main ski
lifts, Hyatt House Niseko will allow guests to easily access the
area's world-class powder snow and village attractions.
The Hyatt House Niseko will feature a
lobby lounge and bar, restaurant, and a fitness center.
David Udell, Asia Pacific Group President of Hyatt Hotels,
said, "We are excited to introduce the Hyatt House brand to
Niseko, which will become another quality addition to our growing
Hyatt House hotel portfolio in Japan. It has been a remarkable
journey for the Hyatt House brand, which announced its entry into
the country last year with plans for Hyatt House Kanazawa. Niseko
boasts exceptional skiing conditions with an average snowfall of
15 meters over a long 100 days per season."
New Chitose Airport,
Japan's fifth busiest airport, serves Niseko and accommodates
international flights from 14 major Asian cities, including Seoul,
Hong Kong, Taipei, Bangkok, Singapore, Shanghai, and Beijing. In
2015, international visitor arrivals increased
from 800,000 in 2009 to more than 2.1 million, a compound annual
growth rate of 17.7% over a seven-year period.
Ewan Munro, Senior
Partner at LimeTree Capital, said, "Niseko has witnessed
healthy development over the past ten years and is firmly
established as Asia's leading branded ski resort destination. We
are strong believers that the growth in Niseko will continue,
becoming a year-round destination driven by strong Asian demand.
Improved access, investment in infrastructure, international
standards and additional branded developments will further
strengthen the destination. Shiki Niseko building was our first
acquisition in Niseko and we have invested significant funds and
efforts towards the transformation of the building into a modern
and vibrant mountain lifestyle destination with a unique mix of
hospitality, exciting F&B and entertainment which includes some of Niseko's favorite venues."