{"id":13104,"date":"2021-01-07T09:00:17","date_gmt":"2021-01-07T09:00:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=13104"},"modified":"2026-04-23T22:54:30","modified_gmt":"2026-04-24T01:54:30","slug":"suncity-plans-non-gaming-resort-in-japan","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/suncity-plans-non-gaming-resort-in-japan","title":{"rendered":"Suncity plans non-gaming resort in Japan"},"content":{"rendered":"\n<p>The Hong Kong group expects to open a new project in Hokkaido this year while it is also aiming for an integrated resort licence in Wakayama.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- Hong Kong-listed Suncity Group has announced plans to develop a non-gaming facility in the town of Niseko, located in Hokkaido, Japan.<\/p>\n\n\n\n<p>In a filling the company said: &#8220;With development plans in the works in 2021, the project will cover an area of approximately 20 hectares, combining the natural beauty of Niseko and convenient leisure amenities.&#8221;<\/p>\n\n\n\n<p>The company intends to break ground in the development while also participating in the integrated resort RFP process in the Wakayama.<\/p>\n\n\n\n<p>Suncity also plans to begin construction of another non-gaming resort in Miyako Island, in Okinawa, later this year. <\/p>\n\n\n\n<p>The company <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/suncity-ceo-hoiana\" target=\"_blank\" rel=\"noreferrer noopener\">acquired land<\/a><\/em><\/strong> at the location some time ago with the intention of building villas and a hotel.<\/p>\n\n\n\n<p>In the Tuesday filling the company confirmed this hotel located at Yonaha Maehama Beach, which should be finished by 2023, will include 100 hotel rooms and 40 private villas with their own pools, as well as a variety of water sports facilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-suncity-s-hoiana-to-open-in-2021\">Suncity\u2019s Hoiana to open in 2021<\/h2>\n\n\n\n<p>Suncity also reiterated this week its plan to open Phase one of its Hoiana resort in Vietnam in 2021.<\/p>\n\n\n\n<p>Hoiana is a joint investment between Suncity, VMS Investment Group, and VinaCapital. It will be the first major integrated resort in the area.<\/p>\n\n\n\n<p>So far, the resort has only opened for a <em><strong><a href=\"https:\/\/focusgn.com\/asia-pacific\/suncitys-hoiana-opens-for-preview\" target=\"_blank\" rel=\"noreferrer noopener\">short preview<\/a><\/strong><\/em> last June.<\/p>\n\n\n\n<p>Phase one has a capital expenditure <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/suncitys-hoiana-will-contribute-to-profits-from-2022\" target=\"_blank\" rel=\"noreferrer noopener\">budget of US$1bn<\/a><\/em><\/strong> and includes more than 1,000 hotel rooms, 140 gaming tables (two-thirds VIP, one-third mass-market) and 330 slots.<\/p>\n\n\n\n<p>Suncity expects to target tourists from Southeast Asia and believes it will &#8220;bring significant revenue and sustainable development prospects&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong group expects to open a new project in Hokkaido this year while it is also aiming for an integrated resort licence in Wakayama.<\/p>\n","protected":false},"author":2,"featured_media":13106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Suncity Group is advancing its regional expansion, with plans for non-gaming resort developments in Niseko, Hokkaido, and Miyako Island, Okinawa, while also pursuing an integrated resort license in Wakayama, Japan. Concurrently, the group is preparing for the 2021 opening of Phase one of its Hoiana integrated resort in Vietnam, a joint venture with a US$1bn capital expenditure, featuring extensive gaming and hospitality amenities targeting Southeast Asian tourists.","focusai_entities":"Suncity Group, VMS Investment Group, VinaCapital","focusai_location":"Hong Kong, Hokkaido, Niseko, Wakayama, Japan, Miyako Island, Okinawa, Vietnam","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.85)","focusai_suggestions":[{"label":"Japan IR Bid Strategy","query":"What specific competitive advantages does Suncity Group believe its Wakayama integrated resort proposal offers compared to other bidders, particularly concerning local economic integration and non-gaming attractions?"},{"label":"Hoiana Phase One ROI","query":"Given the US$1bn capital expenditure for Hoiana Phase One, what are the projected GGR and NGR targets, and what is the anticipated timeline for achieving positive EBITDA and ROI, especially considering the VIP-heavy gaming mix?"}],"footnotes":""},"categories":[157,16338],"tags":[23632,23907],"class_list":["post-13104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=13104"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13104\/revisions"}],"predecessor-version":[{"id":13109,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13104\/revisions\/13109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13106"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}