Hoshino Resort Asset Management

Hoshino Resort Asset Management is a Japanese asset management company established in 2010. It is a wholly owned subsidiary of Hoshino Resorts Inc. The company manages the Hoshino Resorts REIT, which was listed and began operations in 2013. It focuses on investing in the Japanese tourism industry, particularly hotels and resorts.

The company was established on May 14, 2010. In 2013, it began managing the Hoshino Resorts REIT, which was listed and started operations. The REIT initially acquired six properties from Hoshino Resorts for 15 billion yen. In 2014, it acquired 'Hoshinoya Kyoto', 'Kai Aso', and 'Kai Kawaji' from Hoshino Resorts. In 2015, it expanded by acquiring 22 Chisan Inn properties, 5 Candeo properties, and 3 Comfort properties, and also acquired 4 ANA Crowne Plaza hotels. In 2016, it acquired Asahikawa Grand Hotel (later rebranded as OMO7 Asahikawa). In 2015, a joint fund with DBJ was formed for development, and in 2019, the first property 'Kai Alps' was acquired, starting the exit strategy between the fund and the REIT. In 2023, it acquired five newly built high-quality properties developed by the joint fund.

1. 1星野リゾート・アセットマネジメントhoshinoresort-am.com
2. 2星野リゾート・アセットマネジメントhoshinoresort-am.com