Private Equity Group Acquires Niseko Hotel

Category: Real estate, Posted:23 Dec 2016 | 06:00 am

Hong Kong private equity group LimeTree Capital Partners has acquired the Shiki hotel in Japan’s prime ski area of Niseko.

Located in the upscale Hirafu area, the complex has 67 one to three bedroom apartments.

It also features a Michelin star restaurant Kamimura.

Niseko is seeing an influx of new hotel properties including the Park Hyatt from Hong Kong entrepreneur Richard Li, a recently announced Pavilions resort and an upcoming Ritz-Carlton.

LimeTree is a significant investor into resort land plots in Southeast Asia, highlighted by holdings in Phuket and Phang Nga Thailand.

Other News

Gamechanger: Phuket’s 80-Meter Development Height Restriction Repealed

Category: Hotels|Real estate, Posted:31 Dec 2024 | 11:19 am One of the most significant changes to Phuket’s real estate sector this year is the repeal of the 80-meter development height limit. In a recent Government Gazette, the Thai Cabinet approved a re-zoning proposal by the Minister of Natural Resources and Environment, which now allows development in Zone 6 of Phuket to extend up to […]

C9 Hotelworks Release Definitive Asia-wide Branded Residences Report

Category: Hotels|Real estate|Tourism, Posted:12 Dec 2024 | 08:30 am C9 Hotelworks Release Definitive Asia-wide Branded Residences Report Branded residences in Asia see record supply worth USD26.6 billion according to C9 Hotelworks new research report. The market shows a rising proportion of standalone and mixed-use developments, with a growing presence of brands beyond hospitality. The branded residences sector in Asia has achieved a record-breaking supply […]

From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]

More Insider News