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Now may be a good time to take a trip in Japan. Asahi Shimbun reports that luxury hotels in Japan are slashing prices to fill rooms. For example, an overnight stay at the Peninsula Tokyo can cost as low as 38,000 yen, while a room at the Ritz-Carlton Osaka is priced at 25,000 yen. Many discounts are half of the normal rates.
Many of these hotels opened recently in hopes of attracting an influx of foreign travelers. But when demand failed to reach expectations, the hotels started cutting prices. Now, some hotels are offering rooms at half the normal rates.
Some luxury hotel officials fear these cutthroat tactics could end up damaging their prestigious brand images, but for now, they have no choice.
“(Hotel operators) don’t want to slash rates in a way that would damage the brand value, but leaving rooms vacant will only increase maintenance costs,” said an official at a prestigious hotel. “In our desperation, we are letting the situation get out of control.”
A good place to find deals on luxury hotels in Japan is IKYU.com
Another tip: Kobe hotels were devastated by the ridiculous Flu scare. They are desperately trying to recover and offer amazing deals. For example, the Portopia Hotel offers great rooms at an unbelievably low price of 5,500 yen. This includes breakfast, and usually costs over 20,000 yen! The deal is only offered on their Japanese site, but if you call you can get it, too.