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.