Global Management Forum 2018Hoshino Resorts plans to open Japanese-style inn in US
CEO says 'ryokan' can be more profitable than Hyatt and Marriott chains
A hot spring bath seen at a Hoshino Resorts ryokan in Matsumoto, Nagano Prefecture, Japan.
ERI SUGIURA, Nikkei staff writer
November 6, 2018 20:32 JST
TOKYO -- Japanese hotel operator Hoshino Resorts is planning to bring its traditional inns, or ryokan, to the U.S., to offer customers there a unique cultural experience, said CEO Yoshiharu Hoshino at the Nikkei Global Management Forum in Tokyo on Nov. 6.