ATONA Ryokan Brand Expands to Yufu, Yakushima, and Hakone, Secures Funding for Development

Hyatt Hotels Corporation and Kiraku, Inc. are expanding their ATONA contemporary hot spring ryokan brand to three new locations in Japan: Yufu, Yakushima, and Hakone. The initial ryokans are scheduled to open by 2026, offering guests an elevated luxury experience in picturesque natural settings. Additionally, the Atona Impact Fund, a real estate fund focused on investing in ATONA ryokan development projects, has secured an initial investment of 10 billion yen (approximately 64 million US dollars). The fund aims to attract a total of 20 billion yen (approximately 128 million US dollars) to support the growth and development of the ATONA brand.

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