The former Yasuda Residence in Takarazuka City may soon be donated to a private enterprise, with applications from interested parties to be held sometime in February or March this year.
Hankyu Hanshin Holdings plan to demolish the historic Takarazuka Hotel in Takarazuka City, Hyogo Prefecture, and will build a new hotel in a separate location nearby.
The 5-storey hotel opened in 1926. It was developed by Ichizo Kobayashi, the founder of Hankyu Railway, the Takarazuka Revue and Toho, and local industrialist Kaemon Hiratsuka. Hankyu acquired the hotel a few years after it opened.