Pricey hotels have been popping up one by one in Okinawa and the ancient capital of Kyoto, just in time for demand to return now that tourists are back.
According to the Kyoto city government, in the three years since fiscal 2018, the city has seen an increase of about 12,000 hotel rooms.
But the sudden rush of new hotels has more to do with confidence on the part of the hospitality industry during the pandemic than the sudden influx of…