Breaking Ground

Palace Hotel Hakone

Palace Hotel Hakone brings the Palace Hotel Tokyo brand back to the Sengokuhara highlands of Hakone, on the 17,450-square-meter site where the original hotel opened in 1960 as the Hakone Kanko Hotel and ran for 56 years before closing in January 2018.

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Details

1245 Sengokuhara, Hakone. 4 floors and 69 hotel keys. Broke ground October 2026, completing October 2029.

The story so far

The rebuilt property is a four-story mountain resort with one basement level, 12,850 square meters of floor area and 69 guest rooms, including six suites and five standalone villas, with rooms running from 57 to 250 square meters, or 69 to 271 square meters with open-air bath terraces, and views toward Mount Fuji. Mitsubishi Jisho Sekkei is the architect, Kajima Corporation the contractor and Tara Bernerd & Partners the interior designer. The program includes a spa, pool and fitness gym plus three food and beverage outlets: all-day dining, a lounge bar and a specialty restaurant. The property is owned by Hakone Sengokuhara Special Purpose Company, with Palace Hotel Co. as brand and operator alongside Kyuden Group partners Kyushu Electric Power and Craftia (formerly Kyudenko), the group's entry into luxury hotel development. The site is about 50 minutes by Hakone Tozan Bus from Odawara Station and 30 minutes by car from the Tomei Expressway's Gotemba interchange.

Expected opening Oct 2029
Broke ground Oct 2026 est.
Announced 2026 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 30, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

The outlook for Palace Hotel Hakone

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Companies and contacts

Every firm on Palace Hotel Hakone, the office nearest it, and the people who work on it.

Interior design
Tara Bernerd & Partners
London, United Kingdom office head officePhone and email
Common questions

Frequently asked

Where is Palace Hotel Hakone located?

Palace Hotel Hakone is located in Hakone.

When will Palace Hotel Hakone be completed?

Palace Hotel Hakone is breaking ground, with completion targeted in October 2029.

Who is developing Palace Hotel Hakone?

Palace Hotel & More is the developer behind Palace Hotel Hakone.

Who designed Palace Hotel Hakone?

Palace Hotel Hakone was designed by Mitsubishi Jisho Sekkei, with interiors by Tara Bernerd & Partners.

How big is Palace Hotel Hakone?

Palace Hotel Hakone rises 4 stories with 69 hotel keys.