Tourism and property market review for Niseko
Below is the latest report by well-known hotel consultant, Bill Barnett, and his team at C9 Hotelworks. Niseko has been the hottest real estate market in Japan for the past decade, and probably the hottest new resort destination in APAC over the same period. The market is in the process of moving to a new level on the back of the opening of the Park Hyatt Hotel and Residences in Hanazono earlier this year, and with upcoming projects like the Ritz Carlton Reserve in Niseko Village and the Aman in Moiwa. Summer traffic has also picked up substantially in recent years as the area slowly becomes a year-round destination for holidaymakers.