According to Asia Gaming Brief, https://agbrief.com, Japan’s Chief Cabinet Secretary Yoshihide Suga revealed over the weekend that the government was planning to assist the private sector in the financing of about fifty luxury hotels throughout Japan due to demand created by the increase in tourism.
“We’ll offer financial aid through the Development Bank of Japan using a fiscal investment and loan program in order to support hotel development,” Suga explained.
The government wishes to attract a larger number of affluent tourists to Japan, and in fact this is one of the key objectives of its push for the creation of three IRs (Integrated Resorts, also known as casinos) in the second half of the 2020s.
Suga’s comments did not make clear whether or not luxury hotels within the prospective IRs will be eligible for the special government financial support.
According to JNTO, the estimated number of international travelers to Japan in September 2019 was 2.3 million, up 5.2% over the previous year. This was at least partly thanks to the Rugby World Cup, complemented by stable growth in Chinese and Southeast Asian markets.
An anonymous doctor, who writes as http://www.theluxurytravelexpert.com, listed his personal assessment of Japan’s most exclusive luxury resorts (note: this was compiled before the opening of Aman Kyoto on 1st November 2019).
His list is headed by Amanemu (Ise-Shima National Park) and continues, in order, with Aman Tokyo, The Ritz-Carlton Kyoto, Andaz Tokyo Toranomon Hills, St Regis Osaka, Beniya Mukayu (Yamashiro), Hyatt Regency Hakone Resort & Spa, Suiran Kyoto.