Hoshino Resorts to build its first Gora condominium hotel, selling rooms to individual owners
Hoshino Resorts' first Gora project is a 23-room hotel built to be sold room by room to private owners rather than run from day one as a conventional hotel — a financing model as much as a hospitality one.
Hoshino Resorts will build its first condominium-style hotel in Hakone's Gora area, the company said in a release, a 23-room project on a site where groundbreaking took place on November 25, 2025, with completion planned for winter 2027 and opening set for 2028.