Despite the setbacks of the postponed 2020 Olympics, Tokyo's hotel sector is experiencing an unprecedented boom. New hotel developments continue unabated across various price ranges, led by both local and international investors eager to cater to rising foreign tourism. The weakening yen has made the city an attractive destination, fuelling demand that exceeds supply. While luxury accommodations see steep rates, mid-range and budget options also exist. Editors have curated a list of hotels focusing on authentic experiences, design, and sustainability within the vibrant Tokyo market.
While food, attractions, and souvenirs feel like a devilishly good deal these days, hotel rates in Tokyo have been rejiggered to match foreigners' wallet sizes.
Both Japanese and foreign investors are building new rooms with such zeal that several noted hotel labels are spawning multiple flagship locations here.
Despite the pandemic Games that never were, Tokyo's hotel machine has continued apace with a surge in demand from foreign arrivals.
The average stay at a five-star property has effortlessly climbed beyond $900 a night, highlighting the ongoing evolution of Tokyo's hotel scene.
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