Property Due Diligence and Operator Selection, Hilton Niseko Village

Description: Horwath HTL was retained by Citi Group to conduct a thorough due diligence of Higashiyama Prince Hotel in Niseko, Hokkaido. After its acquisition of the resort, Horwath HTL was continuously retained by Citi Group to select appropriate operator to maximize the resort’s mid- to long-term value.
Scope of work: We have conducted due diligence on existing hotel property, provided strategic repositioning advice for Citi Group which helped the Owner to rebrand the domestic facility into an international upscale resort, the detailed operator selection process helped maximizing the owner’s interest over the contract.
Status: After detailed selection process, Hilton was selected as the operator and the newly-rebranded hotel, namely Hilton Niseko Village, which is now recognized as the leading hotel in the globally-known Japanese ski resort market.