Marriott International's Moxy Hotels is continuing its global expansion with two new properties in Japan. Owned by Goldman Sachs, Moxy Tokyo Kinshicho and Moxy Osaka Honmachi are set to open in late 2017, further expanding the brand’s presence in the Asia Pacific region. These will follow the opening of the region’s first Moxy in Bandung, Indonesia slated for the third quarter of this year.
“The next generation of travelers craves adventure, and, until now, affordable hotel options lacked personality and verve,” Mike Fulkerson, VP of brand and marketing at Marriott International Asia Pacific said in a statement.
Moxy Tokyo Kinshicho will open in Tokyo's historic Kinshicho area, close to Kinshicho Station, Haneda and Narita airports and some of the capital’s major tourist attractions. Tokyo-based commercial real estate developer Pacifica Capital K.K. will manage the 205-room hotel converted from an office building.
The 155-guestroom Moxy Osaka Honmachi is near Honmachi Station, shopping outlets in the Namba district and the Shinsaibashi food and nightlife district. Managed by EGW Asset Management, Moxy Osaka will also be converted from an office building.
The brand is ramping up development to take advantage of the increased travel to Tokyo. Last year saw international visitor numbers to Japan increase by 20 percent to a record 24 million. The Japanese government has doubled its 2020 inbound visitor target to 40 million due to the Summer Olympics in 2020—but experts predicted in earlier this year that Tokyo will face a massive accommodation shortage.
Moxy Hotels launched with the opening of the Moxy Milan in Sept. 2014. The brand currently operates nine additional hotels in New Orleans, Tempe, Berlin, Munich, Frankfurt, Vienna and the U.K. Moxy Hotels has more than 70 signed deals worldwide in the pipeline, in destinations including Amsterdam, Frankfurt, London, Oslo, New York City, San Francisco and Seattle.