News On Japan

Inside the Making of Japan’s New Luxury Hotels

NARA - Nara, previously lacking in accommodation options, now hosts a unique category of high-end hotel. The person responsible for creating these unconventional luxury properties across Japan is the daughter of one of the country’s wealthiest families and leader of a major real estate company with total assets exceeding 1 trillion yen.

In the city of Takayama in Gifu Prefecture, a woman walks through the historic streets conducting market research, stopping to ask whether anyone is eating Hida beef skewers or local snacks topped with thin slices of Hida beef. The area is a popular sightseeing district, and she is studying what kind of street foods are drawing visitors.

That woman is Date Tadako, the 54-year-old president of Mori Trust, a company that has rapidly emerged as a major force in Japan’s luxury hotel market by developing distinctive properties tailored to their surroundings. Mori Trust is best known as one of the largest landlords in central Tokyo, owning roughly 60 office buildings in Minato Ward alone. The company’s total assets exceed 1.6 trillion yen, reflecting its long-standing strength as a major real estate developer.

Date, the heir to this vast portfolio, assumed the presidency in 2016 from her father, Mori Akira. She immediately shifted the company’s focus toward hospitality, taking the once-modest hotel division and turning it into a central pillar of growth. By forming partnerships with global luxury brands and creating hotels that break from conventional Japanese models, she has doubled Mori Trust’s revenue in just eight years.

Back in Takayama, Date reveals that she has already purchased a traditional machiya townhouse and attached kura storehouse as potential sites for her next project. The structures, more than a century old and formerly owned by a local sake brewery, retain the elegant proportions and textures characteristic of the region’s historic architecture. Walking through the dimly lit interior, Date notes how comfortably the space could serve as a reception hall or lounge. She envisions transforming the buildings into a luxury hotel that blends harmoniously with the neighborhood.

Her decision is rooted in two key advantages: the refined semi-Japanese architectural style of the property and its rare location just 100 meters from a designated preservation district known for its immaculate historic streetscape. The surrounding area offers a 360-degree immersion in traditional townscape while still providing the daily conveniences that travelers appreciate. Date believes that such environments, where visitors can experience the essence of Japanese culture simply by stepping outside, offer the greatest value for international luxury hotel brands.

One of the clearest examples of her strategy’s success is found in Kyoto’s Arashiyama district. Beyond a gate bearing the name Suiran, a path lined with greenery leads to a quiet entrance marked with a small plate displaying the Luxury Collection emblem. Although the property carries a Japanese name, it is operated as one of Marriott’s top-tier brands, offering guests an experience that blends understated traditional aesthetics with the standards of a global luxury chain. Built on the former villa of a prominent prewar zaibatsu family and restored meticulously by Mori Trust, the hotel has earned the top ranking for six consecutive years in a prestigious American travel magazine.

Guests praise not only the atmosphere and scenery but also the refined dining options, noting that the riverside views and carefully curated hospitality create a uniquely Japanese sense of luxury. The success of Suiran has become a benchmark for Date’s approach: identifying exceptional locations that embody the spirit of Japan, restoring historic architecture with sensitivity, and integrating global hotel brands that can attract affluent travelers from around the world.

Through this strategy, Date has positioned Mori Trust as one of Japan’s most influential developers in the luxury travel market, creating properties that allow guests to experience the depth and richness of regional landscapes while driving economic revitalization in areas long overlooked by mainstream tourism.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

Transport disruption from Typhoon No. 7 widened on June 26, with airlines continuing to warn of flight cancellations and diversions across Okinawa, Kyushu and the Amami region, while JR operators added warnings and confirmed service cuts on conventional lines in western and eastern Japan.

[updated 5 a.m.] Typhoon No. 7 made its closest approach to Okinawa on Friday morning, bringing stronger rain and wind to the main island, while Typhoon No. 8 and an active seasonal rain front are expected to raise the risk of heavy rain across western and eastern Japan through June 27.

A powerful earthquake with a maximum seismic intensity of upper 6 struck off Iwate Prefecture at around 7:30 a.m. on June 25, shaking parts of Aomori Prefecture and leaving Hachinohe, which was hit by a similarly strong quake last December, facing fresh damage.

A powerful earthquake registering a maximum intensity of 6 upper on Japan’s seismic scale struck Aomori Prefecture at around 7:30 a.m. today. According to the Japan Meteorological Agency, the epicenter was off the coast of Iwate Prefecture, with a depth of about 50 kilometers. The earthquake’s magnitude was estimated at 6.9.

The sale of religious corporations that operate temples and shrines across Japan is drawing growing scrutiny from authorities, who fear the transactions could be used for tax evasion and money laundering, as brokers openly advertise properties and corporate status for tens or even hundreds of millions of yen.

MEDIA CHANNELS
         

MORE Business NEWS

Japanese households held 2,386 trillion yen in financial assets at the end of March, up 7.1% from a year earlier, as rising share prices, wider use of the new NISA investment program and the weaker yen lifted the value of assets held by individuals.

The sale of religious corporations that operate temples and shrines across Japan is drawing growing scrutiny from authorities, who fear the transactions could be used for tax evasion and money laundering, as brokers openly advertise properties and corporate status for tens or even hundreds of millions of yen.

The Nikkei Stock Average fell for a second straight session in Tokyo as investors locked in profits from a rapid rally in artificial intelligence and semiconductor-related shares, briefly sending the benchmark down more than 1,300 yen before bargain hunting helped it recover part of the loss.

Imabari Shipbuilding, Kawasaki Heavy Industries, and Namura Shipbuilding are aiming to resume construction of liquefied natural gas carriers around 2035, as Japan’s shipbuilding industry looks for a path to recovery after losing much of the global market to lower-cost rivals in South Korea and China.

Finance Minister Katayama held online talks with U.S. Treasury Secretary Scott Bessent as the yen approached its weakest level in about 39 years, with the two sides believed to have discussed possible responses, including foreign exchange intervention.

Every year, thousands of people save money by buying through the Japanese auction process. But many do not realize they've paid too much until the vehicle arrives.

Tokyo stocks surged at the start of the week, with the Nikkei Stock Average closing above 72,000 for the first time and extending its record-setting streak to a sixth consecutive trading day.

Sugar prices are on a firmer upward trend as concerns grow over the impact of Middle East tensions and the weaker yen, raising the prospect of further cost pressure on confectionery and other food products.