A Hyatt affiliate has entered into a management agreement with Hokkaido Alpine Resort Management, an affiliate of LimeTree Capital, for a 91-room Hyatt House hotel in Niseko, Japan. The existing extended-stay hotel will be rebranded as the Hyatt House Niseko on December 16.
The new Hyatt House Niseko will have 91 guestrooms, a lobby lounge and bar, a restaurant and a fitness center.
Located in the middle of Hirafu Village and within a short distance to Hirafu's main ski lifts, Hyatt House Niseko will cater to the ski market. The brand was first announced for Japan just last year with plans for Hyatt House Kanazawa as part of a management agreement with Orix. That property is expected to open in mid-2020.
“Niseko has witnessed healthy development over the past 10 years and is firmly established as Asia's leading branded ski resort destination,” said Ewan Munro, senior partner at LimeTree Capital. “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.”
Earlier this year, Hyatt and Tianfu Minyoun Hospitality agreed to expand the brand in China, with 50 Hyatt Place and Hyatt House hotels (supported by Chinese investors) to open within the next five years.
Hyatt also is preparing to open the Park Hyatt Niseko in December 2019.