On June 6, 2024, the Tokyo DisneySea Fantasy Springs Hotel was opened on the banks of the Magical Fountain at Fantasy Springs, the eighth theme port of Tokyo DisneySea.
It is the sixth Tokyo Disney Resort hotel, following Tokyo Disneyland Hotel, Disney Ambassador Hotel, Tokyo Disney Sea Hotel MiraCosta, Tokyo Disney Resort Toy Story Hotel, and Tokyo Disney Celebration Hotel.
The Fantasy Chateau has 419 rooms. The top-of-the-line Grand Chateau has 56 rooms. All rooms at the Grand Chateau overlook the beautiful scenery of Fantasy Springs.
▲Source: Oriental Land Co.
Oriental Land, the operator of Tokyo Disney Resort, has positioned the opening of Fantasy Springs and the opening of its hotel as the main features of the current fiscal year in its financial results for the fiscal year ending March 31, 2024. The sales forecast for the fiscal year ending March 31, 2025, is calculated at ¥566.6 billion, up 10.3% from the previous year, and ¥102 billion for the hotel business, up 15.4% from the previous year. Will the Tokyo DisneySea Fantasy Springs Hotel, which is expected to both attract the steadily growing number of foreign visitors to Japan and increase the price per guest, succeed in its plan?
Oriental Land will probably succeed as a stand-alone business performance. The company has also taken firm measures to address costs, such as the increase in depreciation costs associated with the opening of the new building and wage revisions that will ensure employment in an industry with a labor shortage. Above all, popular content such as “Frozen” and “Tangled” would attract a solid number of visitors, and the top-end “Grand Chateau” at nearly 500,000 yen per night would also be popular and difficult to book.
Rather, the focus should be on whether the Tokyo DisneySea Fantasy Springs Hotel will be able to create a new wave in the ultra-luxury hotel market, where non-Japanese hotels are winning alone. Accommodation expenses account for approximately 30% of the total travel spending by inbound travelers. In the field of ultra-luxury hotels for the wealthy, it is essential to nurture Japanese brands, rather than non-Japanese hotels where a significant portion of profits are returned overseas, in order to take advantage of inbound travel to boost the Japanese economy.
For more on the lights and shadows of the booming inbound industry, see the Beyond.AI. Industry Report: Hotel and Accommodation, which analyzes the latest trends in Japan.
Now on discount sale for a limited time.
<Related Posts>
【Info】Beyond.AI. Industry Report Now Available: Third Volume on Hotel and Accommodation