Overview of the Japanese Lodging Industry and Its Investment Trends – Past, Present, and Future | Emily U. Smith - HVS

Despite widespread waves of Westernization that have infiltrated modern Japanese culture in the post-World War II era, the Japanese lodging industry has generally managed to keep its shroud of “foreignness” intact. While neighboring Asian countries have boasted a host of American and European lodging developments in the past twenty years, Japan has predominantly stuck with the Japanese lodging model of ryokans (traditional inns),...