Two domestic hotel operators are shaking up competition in Tokyo's luxury accommodation market by attempting to make their new properties more inviting for inbound visitors.

The first such operator, Hoshino Resorts Inc., has opened a luxury ryokan (traditional Japanese inn) named Hoshinoya Tokyo in the capital's Otemachi business district.

Located a short walk from Tokyo Station and the Imperial Palace, the 18-story building features 84 guest rooms, a Japanese restaurant, a spa and conference facilities. Although it is billed as a traditional Japanese-style inn where guests can relax in tatami-floored rooms while enjoying hot-spring baths and seasonal cuisine, Hoshinoya Tokyo also provides all the amenities and comfort required for modern living.