33 bedroom operating hotel located in Ishigaki, Okinawa. Click here for the hotel website.

Eligible for Entrepreneurial Management Viss

The hotel is approximately 20 minutes by car to Ishigaki Airport and has convenient access to the Yaeyama Islands and other remote islands as the port is nearby. It is close to the downtown area, making it easy to visit cafes and local restaurants.

About a 13-minute walk to Nannuhama Beach. While operating as a hotel business it is also possible to use a room as your home.

Fiscal year 2023 results: Secured a profit margin of 55%.
Fiscal year 2023 results: Yield of 14.0%, NOI 7.67%.
Fiscal year 2024 forecast: Yield of 14.7%, NOI 8.07%.

In December 2023, a sauna was added to the rooftop, becoming popular as a service for guests.

The occupancy and room rate have improved post lifting of Covid-restrictions with further increases expected from the decision on regular flights to Taiwan from 2024.