54 | Peter Douglas, Japanese Hospitality and Nozawa Onsen

Feb 8, 2023

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Peter Douglas is the senior executive of kk Nozawa Hospitality, a boutique provider of accommodation services in the unique mountain village of Nozawa Onsen. He is responsible for funding and financial strategy.

In this super fun conversation, we cover the Japanese onsen tourism industry, Nozawa hospitality, and his transition from the financial services and asset management industry to hospitality in Japan and the story there.

I hope you enjoy my conversation with Peter Douglas.

For the full show notes, transcript, and links to mentioned content, check out the episode page on https://compoundingpodcast.com/ep53

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Show Notes:

[00:00:31] - [First question] - Peter’s and Nozawa’s Background

[00:02:40] - Why did Peter go from Finance to Hospitality and from Singapore to Japan?

[00:05:54] - And did his skills transfer?

[00:07:23] - What’s it like running a large accommodation provider in a small village?

[00:10:12] - Comparing domestic and foreign tourism for Nozawa Onsen

[00:12:42] - How are Japanese online travel agents different?

[00:14:49] - The seasonality around ski mountain hospitality

[00:19:20] - Why diverse teams are more successful

[00:20:25] - Is the flight of rural residents to larger cities a problem?

[00:22:15] - How Nozawa navigated the past 3 years

[00:28:36] - The future of Nozawa

[00:31:00] - Most undervalued life experience?

[00:32:45] - Influential people or books?

[00:36:16] - How did Peter end up in Asia?

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Connect with Peter:

Nozawa Hospitality: https://www.nozawahospitality.com/

Connect with Peter on LinkedIn: https://www.linkedin.com/in/peterdouglaspeterdouglas/

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