Peninsula Tokyo opens, heating up battle in luxury hotel market

The Peninsula Tokyo opened in the heart of the Japanese capital on Saturday, heating up competition among luxurious foreign hotel chains in Japan.

Peninsula Tokyo opens, heating up battle in luxury hotel market
Located in the Marunouchi business district, opposite the Imperial Palace and within a few minutes' walk of the Ginza shopping district, the Peninsula Tokyo has 314 guestrooms, including 47 suites, five restaurants and such facilities as a spa, a fitness center and a wedding chapel.

Room rates start from 60,000 yen per night for a superior type, excluding taxes and a 10 percent service charge. The rate for the most luxurious Peninsula Suite is 850,000 yen.

The hotel, operated by Hong Kong-based Hongkong Shanghai Hotels Ltd., is the second foreign luxury hotel to open in Tokyo this year. The Ritz-Carlton, Tokyo, debuted in the Tokyo Midtown commercial complex in Roppongi in March.

Competition in Tokyo's high-end hotel market has been intensifying with the entry of a series of luxurious foreign hotel chains.

The Grand Hyatt Tokyo opened in the Roppongi Hills commercial complex in 2003, followed by the opening of the Conrad Tokyo in the Shiodome district in 2005 and the Mandarin Oriental Tokyo in the Nihombashi financial district in the same year.

AP - Kyodo
Last Mod: 01 Eylül 2007, 10:17
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