The new Tokyo hotel is scheduled for completion by the end of the 2027 financial year and will be part of a prestigious mixed-used project by acclaimed developers, Tokyu Group and L Catterton Real Estate. The development is situated in dynamic Shibuya district, which is famous for international designer brands, local arts and culture and distinctive Japanese fashion, and is a short walk from Shoto, one of Tokyo’s most prosperous neighbourhoods. Swire is no stranger to the Japanese market, having first established an office in Yokohama in 1867. As part of its overall development strategy, Swire Hotels has plans to expand both The House Collective and EAST Hotel brands in the region, including through management of hotels under third-party ownership.