SYLA Co. Has Newly Established the Hotel Condominium Business Unit and Launched In-house Hotel Brand “SYLA HOTEL” — The Inaugural Project, "SYLA HOTEL ZUSHI-HAYAMA," Has Garnered Significant Attention and Is Now Sold Out through Advance Reservation Sales!

SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: SYT) (“SYLA” or “the Company”) is delighted to announce the establishment of the Hotel Condominium Business Unit by its wholly owned subsidiary, SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto; hereinafter "SYLA Co."). Its brand-new series, "SYLA HOTEL" was launched with the inauguration of the first project, “SYLA HOTEL ZUSHI-HAYAMA.” This hotel condominium offers an opportunity for owners to generate income by renting out the property when they are not using it as a vacation home. Compass Corp. (Head office: Chuo-ku, Tokyo; Representative Director: Fumito Sasaki), an Airbnb partner, will manage accommodations and initiate public reservations for a limited number of days starting Wednesday, December 6.



About "SYLA HOTEL ZUSHI-HAYAMA”
SYLA HOTEL ZUSHI-HAYAMA, situated in Hayama, has been renovated from a mansion originally designed and inhabited by a renowned architect. This newly refurbished accommodation, seamlessly blending history and aesthetic charm, is conveniently located just a 65-minute drive from central Tokyo or a 20-minute bus ride from Zushi Station on the JR Yokosuka Line. The breathtaking ocean panorama visible from SYLA HOTEL ZUSHI-HAYAMA is truly mesmerizing, offering an uninterrupted, beautiful view of the sea and the sky.

Boasting a dreamy location, zero minutes from the beach, SYLA HOTEL ZUSHI-HAYAMA allows you to savor dinner with your loved ones in front of a stunning sunset, creating a serene atmosphere free from the noise of the city. The hotel offers an exquisite resort lifestyle, providing a blissful experience for visitors. Indulge in the luxury of this special accommodation, where the history and beauty of Hayama will create a memorable stay.

SYLA HOTEL ZUSHI-HAYAMA Concept Video


SYLA HOTEL ZUSHI-HAYAMA Overview
Location: 5584-5 Akiya, Yokosuka City, Kanagawa
Transportation:
・By car: Approximately a 15-minute drive from Zushi I.C., following a drive of about 50-60 minutes from Tokyo on the Metropolitan Expressway
・By public transportation: Approximately a 5-minute walk from Mineyama Bus Station, reachable after roughly a 20-minute bus ride from Zushi Station on the JR Yokosuka Line
Area:
・Site area: 463.92 m2
・Total floor area: 276.50 m2
Structure: Wood and reinforced concrete structure with a flat-topped roof; 3 stories
Accommodation capacity: 6-12 persons
Parking: 4 cars
Sales status: Sold out
Website:https://syla.jp/condo/hayama
https://www.airbnb.jp/rooms/1031530916125978313?source_impression_id=p3_1701421267_rJhkPZOsEjz6EEWb

Main Guest Room and Bedroom with a View of Sagami Bay during Sunset

Zero Minutes to the Beach — Relax in Sophisticated Interiors and Enjoy the Best Views


About SYLA’s Hotel Condominium Business Unit
Guided by the business philosophy of "creating truly valuable hotels that reflect our aspirations as professionals," SYLA is set to expand its portfolio with resort properties through its hotel condominium business and urban properties through its hotel residence business. These businesses are overseen by a leader with extensive experience in a membership resort hotel company holding the No. 1 market share in Japan. SYLA aims to further contribute to owners in terms of capital, income, and practical use, offering them vacation homes that hold genuine value.

The mission of the Hotel Condominium Business Unit is to cultivate an environment where hotel guests can escape the hustle and bustle of daily life, cherishing moments with their loved ones in an extraordinary space. The Hotel Condominium Business Unit will actively drive hotel development and business expansion, primarily in areas located approximately 60 minutes from the central Tokyo area.

Property Information Inquiry
To contribute to addressing the challenge of underutilized properties and vacant homes, SYLA is actively seeking information on vacation homes that are no longer in use or condominiums that you may wish to sell. Please feel free to contact us with information on your property.

Note:
1. SYLA does not guarantee the purchase of the property.
2. Applications may be closed without prior notice.

Inquiry for Information about Vacation Homes and Condominiums
Hotel Condominium Business Unit, SYLA Co., Ltd.
https://syla.jp/contact/form

https://syla.jp/

About Compass Corp.
Compass Corp. has joined Airbnb Partners through a merger with AirTrip Stay, a joint venture between AirTrip Corp. and Airbnb, Inc. Established in December 2022 by MIDAS CAPITAL, Compass Corp. aims to emerge as a leading company in the tourism and inbound sectors of Japan. It has expanded its business by acquiring the kimono rental business and merging with AirTrip Stay. Its ongoing endeavors align with its mission and vision to spearhead tourism in Japan and pass down the culture to future generations.

Compass Corp. Company Profile
Head Office: 3F Ginza Kobiki Building, 7-16-21 Ginza, Chuo-ku, Tokyo
Representative Director: Fumito Sasaki
Establishment: December 2022
Business: Accommodation management, travel, kimono rental, regional promotion, community guide, media
Website:https://compasscorp.jp/