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Apartment Hotels Proliferate Across Japan as Inbound Travel Fuels Demand

Construction plus real-estate firms expand supply by converting aging small office buildings.

Overview

  • Openings of kitchen-equipped apartment hotels are accelerating across Japan.
  • These self-contained units suit families and friend groups on longer trips and draw strong interest from overseas visitors.
  • New players from construction and property development are moving into the segment.
  • The format typically omits shared facilities such as restaurants, allowing projects on narrow plots and other constrained sites.
  • Redevelopment of small to mid-size office properties into apartment hotels is emerging as a key growth driver.