Japan’s ski resort area of Myoko to get US$1.4 billion mega-resort built by Singapore compan

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Three winters from now, Japan’s snowy Myoko highlands will be home to a US$1.4 billion (S$1.87 billion) mega-resort built by a Singaporean fund, with hotels charging some US$1,350 a night.

The project by Patience Capital Group (PCG) promises to create 1,000 jobs and spur winter tourism. But for many Myoko locals, foreign interest has become a double-edged sword, threatening overdevelopment, sky-high prices and the sweeping away of traditional culture.

Even before news of PCG’s interest, many inns, ski rental shops and restaurants in Akakura  – one of five major ski resort towns in the Myoko region  – had been snapped up by foreigners.

But they’re only interested in the snow and once that melts, those businesses shut. The town, also once a bustling hot-spring destination, no longer has enough going on to attract many visitors during the rest of the year.

“If you come to Akakura in summer, it’s pitch dark at night,” said Masafumi Nakajima, owner of local inn Furuya and head of the 200-year-old town’s hot spring-inn tourism association. He estimates only 10 of about 80 inns in Akakura operate year-round.

Located roughly 2.5 hours from Tokyo by train in Niigata prefecture, Myoko, along with the more famed Japanese ski resorts of Niseko and Hakuba, is known for powder snow, dubbed “Japow”.

The resort areas are a huge part of Japan’s tourism boom, also fuelled by a weak yen, which saw inbound tourist numbers jump 17 per cent in February, hitting a record high for that month.

Nakajima said many foreign business owners in Akakura have refused to join the local tourism association. One consequence is a lot of broken rules on the part of businesses and tourists that range from not disposing of garbage properly, to overparking to late-night fireworks.

“We have no idea who they are and what they’re doing. They just come in December and disappear when spring comes,” he said. Nakajima recently started approaching foreign businesses to offer lectures on the town’s rules.

Source: CNA

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