Japan Today
Sheraton Seagaia Resort Image: 白飯/Pixta
business

Japanese game maker Sega Sammy sells Seagaia resort to U.S. fund

12 Comments
By YURI KAGEYAMA

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2024 GPlusMedia Inc.

12 Comments
Login to comment

Major mistake to shut down the wave dome back in the day.

-1 ( +2 / -3 )

Fortress is majority owned by Japanese telecoms and technology company SoftBank Group Corp, though the Abu Dhabi investment fund Mubadala

"Investment group of the US".

Sounds like Mom and apple pie.

Softbank just had a big loss from its WeWork scam holdings but that hasn't seemed to stop them.

So goes transnational capital.

-2 ( +0 / -2 )

Fortress own's the Mystays brand among other hotels.

2 ( +2 / -0 )

Fortress has purchased a lot of Japanese properties over the past decade, and Seagaia is absolutely massive — about the size of New York’s Central Park or Ibaragi’s Hitachi Seaside Park.

The property is home to the 45-story Sheraton Grande Ocean Resort hotel, where you just might find some of the very best roast beef you’ve ever sampled (Miyazaki beef, the winner of four consecutive Prime Minister Awards at “The Wagyu Olympics” held every five years.)

5 ( +5 / -0 )

Major mistake to shut down the wave dome back in the day.

Our friends over at the Associated Press and the Asahi Shimbun don’t seem to realize that the dome closed over 16 years ago.

Quote with photo: “Ocean Dome, the world's largest indoor 'ocean' complete with an artificial beach and waves, is the main attraction at the Seagaia resort complex in Miyazaki, southern Japan.”

https://www.asahi.com/ajw/articles/15262099

4 ( +4 / -0 )

Business in that area hasn’t been the same since the closure of the Dome a few years back. But the area still has potential and this is one of the best investments that Fortress Investment Group of the U.S will ever get as the currency value for this transaction if just perfect for them!

1 ( +1 / -0 )

Business in that area hasn’t been the same since the closure of the Dome a few years back. But the area still has potential and this is one of the best investments that Fortress Investment Group of the U.S. will ever get as the currency value for this transaction if just perfect for them!

Very true, the family and I have been going there for years to chill out for a few days and do the activities there, lots of great family memories, the food was always great and then the area started to become more lively, the AEON near the hotel is massive and there are so many cafes there as well, the area does have a lot of potentialities that's for sure, I hope good things come of this deal.

2 ( +5 / -3 )

When the Japanese tried to buy an American steel works everyone went crazy about "them" buying it. Yet if the US wants to do it, well that's good business. Isn't turn-about fair play?

2 ( +3 / -1 )

Miyazaki is one of the few places not over run with tourists

The beaches are spectacular, the hotels good value and food delicious

1 ( +1 / -0 )

And they will ruin everything..

-2 ( +0 / -2 )

Miyazaki is one of the few places not over run with tourists 

The beaches are spectacular, the hotels good value and food delicious

Very, very true, but it's also hot as hell there as well, Kagoshima is great as well, I just got back two weeks ago. Great food!!!

And they will ruin everything..

The Japanese did that already by closing the dome, and let's not forget, Japan needs tourism overall if it wants to survive at the rate it's going, so if the new management can come up with some ideas to help bring in tourism that is a good thing, the hotel itself is a gem, been vacationing there since 2004

-1 ( +1 / -2 )

When the Japanese tried to buy an American steel works everyone went crazy about "them" buying it. Yet if the US wants to do it, well that's good business. Isn't turn-about fair play?

Let’s not forget who owns Fortress: “Fortress is majority owned by Japanese telecoms and technology company SoftBank Group Corp.”

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites