Travel + Leisure, a US-based membership travel company, has acquired the Yushi Chikumakan resort in Chikuma City, in the Nagano prefecture of Japan, and will rebrand the property to ‘Club Wyndham Chikumakan Nagano.’
The onsen ryokan has 36 rooms, multiple restaurants, indoor and outdoor onsen facilities and three banquet spaces with a capacity of up to 130 people in total.
Barry Robinson, President and Managing Director, International Operations, at Travel + Leisure said, “ Japan is one of the biggest tourist economies in the world – and its popularity is expected to increase. This acquisition expands our presence in Japan and prepares us for future demand.”
Club Wyndham Chikumakan Nagano will be the first Wyndham brand in Japan.
The world’s leading vacation rental company Wyndham Destination acquired Travel + Leisure, a leading travel magazine, in January 2021, and the company was renamed as Travel + Leisure Co.