RUSUTSU, Japan, Nov. 18, 2017 /PRNewswire/--
Kamori Kanko, Hokkaido's
leading private tourism company and once the USA's largest ski resort operator, has
partnered with award-winning developers Niseko Alpine Developments
[NISADE] of The Vale Niseko fame for the strategic development of
flagship Rusutsu Resort.
The first phase of development is valued at circa USD 200 million and includes luxury hotel The
Vale Rusutsu and a bespoke onsen and spa facility. Additional
phases scheduled for release in 2018 will include new retail and
entertainment developments and further hotel facilities, estimated
at circa USD 500 million.
Kamori Kanko President Kimihito
Kamori said Rusutsu Resort's unique operation necessitated
long-term planning for redevelopment.
"Unlike the structure of other Hokkaido resorts, we own Rusutsu in its
entirety, including the resort, ski lifts, golf courses and theme
park," said Mr. Kamori.
"Subsequently, Rusutsu's redevelopment requires a highly
strategic approach and we found the perfect partner in NISADE, who
have been instrumental in identifying the path to executing
Rusutsu's long-term growth plan."
NISADE Chairman Jonathan Martin
said the plans for the future of Rusutsu Resort include
groundbreaking tourism developments on a regional and national
level.
"The plan includes a strong bid platform for one of the upcoming
Integrated Resort Licenses for Japan - possibly one of the first casinos in
the country," said Mr. Martin.
"We're also excited to offer private ownership within Rusutsu
Resort; a new way for property owners to partner directly with the
resort operator."
Master planned 30 years ago, Rusutsu Resort remains Hokkaido's largest all season resort,
comprised of four golf courses, a theme park and extensive ski
areas.
Supported by Hokkaido's growing
popularity as a travel destination and Prime Minister Abe's focus
on inbound tourism, Rusutsu represents a significant year-round
opportunity in the Japanese leisure industry.
The combined ski resorts of Niseko, Kiroro and the new-look
Rusutsu are set to become the most desirable ski region in
Asia, rivalling the multi-resort
destinations of North America.
Kamori Kanko and NISADE's announcement coincided with the 2017
World Ski Awards, where Rusutsu was crowned Japan's Best Ski Resort and The Vale Niseko
retained its title of Japan's Best
Boutique Ski Hotel.
The partners' acclaimed credentials ensure that Rusutsu's future
provides a robust and sustainable environment for guests and
investors.
For further information contact:
Jonathan Martin, Yi-Mei Lee or Hisatake
Kamori
Email: enquiries@thevalerusutsu.com
Phone: +81 136 23 1724
Web: www.thevalerusutsu.com
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SOURCE Niseko Alpine Developments [NISADE] and Kamori Kanko