Announced

Banyan Tree Hakone Ashinoko

Banyan Tree Hakone Ashinoko is a planned luxury wellness resort on the shores of Lake Ashi in Hakone, Kanagawa Prefecture, the caldera lake that has drawn travellers out of Tokyo for centuries with its natural onsen waters and framed views of Mount Fuji across the water.

TMW IntelligenceVerified Oct 7, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2030
Completion
150
Keys
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Details

150 hotel keys. Completing 2030.

The story so far
Announced Jun 24, 2022Banyan Tree Group announces its Japan debut with five properties, among them a 150-room resort beside Lake Ashi in Hakone with hot springs and views toward Mount Fuji
banyantree.com
Site interest transferred Feb 10, 2025Wealth Management (TSE 3772) filed a timely disclosure on the transfer of the real estate trust beneficiary rights for the Banyan Tree Hakone Ashinoko development project
nikkei.com
Opening pushed to 2028 Jul 2, 2025World Brands Collection Hotels and Resorts, a Wealth Management subsidiary, disclosed a revised opening of 2028 for the Lake Ashi resort, slipping from the 2026 date Banyan Tree Group announced at signing
hospitalitynet.org
Opening pushed to 2030 or later 2026developer World Brands Collection Hotels & Resorts' own luxury portfolio page now lists Banyan Tree Hakone Ashinoko as opening 2030 or later (2030年以降開業予定), slipping from the 2028 target announced in July 2025; Six Senses Hakone Gora carries the same revised timing
wbc-hr.com
Expected opening 2030
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 13 · BalancedHakone marketMarket →
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About the project

Banyan Tree Hakone Ashinoko is a planned luxury wellness resort on the shores of Lake Ashi in Hakone, Kanagawa Prefecture, the caldera lake that has drawn travellers out of Tokyo for centuries with its natural onsen waters and framed views of Mount Fuji across the water. Developed by World Brands Collection Hotels & Resorts, the hospitality arm of the Tokyo real estate group Wealth Management, Inc., the roughly 150-key resort is part of a wider program placing international luxury flags across Japan alongside Six Senses properties in Hakone Gora and Niseko. The design follows the formula that defines Banyan Tree: spa and wellness programming at the centre, low-slung pavilion architecture worked into the landscape, natural hot spring bathing and a strong bias toward the surrounding setting, here mapped onto Hakone's volcanic terrain of cedar forest, geothermal springs and lakeshore. Set within Fuji-Hakone-Izu National Park, among Japan's most protected and most visited scenery, the resort will be the group's second directly branded Banyan Tree in Japan after its Higashiyama property in Kyoto, roughly ninety minutes from central Tokyo.

Developer & design
The Hakone market 13 · Balanced supplyAshinoko 4-project pipeline · 430 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is Banyan Tree Hakone Ashinoko located?

Banyan Tree Hakone Ashinoko is located in Hakone.

When will Banyan Tree Hakone Ashinoko be built?

Banyan Tree Hakone Ashinoko is an announced development that has not yet started construction, targeting completion in 2030.

Who is developing Banyan Tree Hakone Ashinoko?

World Brands Collection Hotels & Resorts is the developer behind Banyan Tree Hakone Ashinoko.

How big is Banyan Tree Hakone Ashinoko?

Banyan Tree Hakone Ashinoko features 150 hotel keys.