Real Quality Completes Final Close of Fundraising for RQ Ryokan Revitalization Fund

TOKYO, JAPAN, December 16, 2024 -  Real Quality Co., Ltd. (CEO: Goh Kobayashi, Headquarters: Tokyo, Japan) proudly  announces the successful completion of the final round of fundraising for the  RQ Ryokan Revitalization Fund on December 16, 2024. This milestone marks a  significant achievement for the Fund, which is dedicated to investing in and  revitalizing ryokans (traditional Japanese inns) and hotels across  Japan.

”Hakunso”, a Yugawara hot spring resort operated by Real Quality

In this final close, the RQ Ryokan  Revitalization Fund welcomed new Limited Partners (LPs) including Nanto Bank alongside  other regional financial institutions, expanding the total fund size to JPY  4.17 billion (USD 27.6 million). The Fund is dedicated to the revitalization of  ryokans and hotels that play a critical role in regional economies and  Japan’s tourism sector. By working closely with regional  financial institutions, the Fund drives strategic initiatives that extend  beyond the revitalization of ryokans and hotels, focusing on fostering broader  community development and cultural enrichment.

The Fund also benefits from the  resources and expertise of its LPs, including JTB Corporation, Japan’s largest  travel agency, which provides strategic collaboration in areas such as regional  development as well as digital transformation (DX) and marketing for its portfolio  companies. These initiatives aim to create dynamic, people-centered experiences  that foster cultural exchange and drive sustainable economic growth.

Since its inception on June 30,  2023, the RQ Ryokan Revitalization Fund has successfully invested in five  ryokans and hotels, offering customized, hands-on revitalization support. By  leveraging Real Quality’s 18 years of expertise in the hospitality sector, the  Fund not only focuses on operational restructuring but also emphasizes  nurturing the next generation of leaders to ensure a sustainable future for the  industry.

The RQ Ryokan Revitalization Fund  is the first of its kind in Japan, specializing in the hospitality industry  anchored by the Organization for Small & Medium Enterprises and Regional  Innovation (SMRJ), an independent administrative agency under the Ministry of  Economy, Trade, and Industry (METI). This groundbreaking fund exemplifies Real  Quality’s unwavering dedication to preserving and enhancing Japan’s distinctive  hospitality culture, a mission that has been at the heart of the company’s  vision since its founding in 2006.

Fund Overview          

Fund Name：RQ Ryokan Revitalization Fund,    L.P.

Fund Size：JPY 4.17 billion (USD 27.6    million)

General Partner (GP)：Real Quality Co., Ltd.

Limited Partners (LP)：Organization for Small &    Medium Enterprises and Regional Innovation Japan (SMRJ), regional financial institutions    and business corporations

Established：June 30, 2023

Investment Focus：Japanese hospitality companies such    as ryokans and hotels

About Real Quality Co., Ltd.

Since its founding in 2006, Real Quality Co., Ltd. has amassed over 18  years of expertise in the ryokan and hotel industry, completing more than 1,000  projects in revitalization consulting, business due diligence and market  research. Committed to its mission of pursuing “real quality,” the company  fosters sustainable growth in the hospitality sector. In addition to managing  the Fund and its portfolio, Real Quality currently operates four ryokans  in Japan. The company’s expertise is highlighted in its CEO’s book, “How to  Revitalize a Ryokan: Concrete Methods Based on Revitalizing Three Ryokans,”  which details proven strategies based on real-world cases, earning acclaim  among industry leaders.