Hoshino Resorts plans to open Japanese-style inn in US

CEO says 'ryokan' can be more profitable than Hyatt and Marriott chains

20181106N hoshino resort bath

A hot spring bath seen at a Hoshino Resorts ryokan in Matsumoto, Nagano Prefecture, Japan.

ERI SUGIURA, Nikkei staff writer

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.

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