Hong Kong-based real estate developer Zekkei Cosmos (headed by Shutaro Ishimaru, Minami 10-jo Nishi 14-chome 1-25, Chuo-ku, Sapporo) is planning to build a new hotel for sale in the Hirafu Area of Kutchan Town. Hoshino Resorts (headquartered in Karuizawa Town, Nagano Prefecture) will operate the hotel as HOSHINOYA, the company’s top luxury brand, for the first time in Hokkaido. Construction is scheduled to begin in May 2023. The contractor will be decided at a later time.
Hanamason (headed by Jason Sze), a Hong Kong-based real estate investment company, plans to construct four hotel and condominium buildings in the Iwaobetsu district of Kutchan Town. Land development is slated to begin in January 2023, and the entire project will be completed in December 2026. The contractor will be decided at a later time.