Sapporo#1
2021
Secured via an off-market acquisition in a major Hokkaido CBD, this 41-unit apartment-style hotel addresses a local shortage of spacious, kitchen-equipped units. Acquired off-market in 2019 and completed within 12 months.
The hotel has consistently delivered outstanding operational performance, securing the top RevPAR ranking in the city among over 70 competitors for 2023 and 2024. The asset was successfully exited in late 2023 to a private fund.
During COVID-19, the asset demonstrated strong downside resilience through a lean operating model, enabling break-even during periods of severe demand disruption
Penthouse Suite
Penthouse Suite features sweeping views of downtown Sapporo, a private outdoor terrace with a fire pit, a fully equipped kitchen, an open-plan living and dining area, and well soundproofed bedrooms—making it the most popular unit in Project Sapporo among families and group travelers
