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On October 23 rd , Patience Capital Group announced the signing of two new properties in Japan - Madarao Kogen Hotel and Lime Resort Myoko - which will join Accor’s MGallery Collection, the group’s boutique brand of storied hotels. These signings mark a major step in Patience Capital Group’s vision to elevate Japan’s mountain regions into world-class four-season destinations. Signing ceremony in Singapore on October 23rd. From left to right: Maryanne Soo, Managing Director, G

On October 20 th , the Nikkei Shimbun reported that Nagano-based Shinano Railway will operate a special rapid train between Karuizawa Station and Myoko Kogen Station on November 3 rd , 2025. Sample Shinano Railway train photo courtesy of the train company website. The train will make only one stop at Nagano Station, completing the journey in as little as one hour and 38 minutes - among the fastest schedules ever operated by the company. The trial run aims to assess demand for

On October 22 nd , Patience Capital Group (“PCG”) announced that its Myoko Suginohara Ski Resort in Niigata Prefecture will join the Ikon Pass; a global multi-resort season pass connecting the world’s leading ski destinations, starting from the 2025-26 winter season. Expanding Ikon Pass’s Global Reach in Asia The Ikon Pass, operated by Denver-based Alterra Mountain Company, is the premier international season pass for winter sports enthusiasts, offering access to more than 70

On October 21 st , Six Senses, part of IHG Hotels & Resorts’ Luxury & Lifestyle portfolio, announced the signing of a hotel management agreement with Patience Capital Group (PCG) for a slope-side mountain hotel and residences at the foothills of Mount Myoko, within Japan’s scenic Suginohara ski resort. Artistic rendering of finished exterior courtesy of IHG & Patience Capital Group.  Meant only for illustrative purposes and subject to change. The development of Six Senses Myo

According to the UBS Global Real Estate Bubble Index 2025 , Tokyo ranks second worldwide for real estate bubble risk, with a score of 1.59 placing it in the “high risk” category. Courtesy of UBS press release, linked at the bottom of this article. UBS says that although the city remains vulnerable, imbalances have eased slightly from last year as construction spending slowed and household borrowing growth moderated. Key Takeaways   Tokyo ranks 2nd globally in the 2025 UBS ind