54 | Peter Douglas, Japanese Hospitality and Nozawa Onsen

<p><span style="font-weight: 400;">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. </span></p> <p><span style="font-weight: 400;">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.</span></p> <p><span style="font-weight: 400;">I hope you enjoy my conversation with Peter Douglas.</span></p> <p> </p> <p><span style="font-weight: 400;">For the full show notes, transcript, and links to mentioned content, check out the episode page on </span> <a href= "https://compoundingpodcast.com/ep53"><span style= "font-weight: 400;">https://compoundingpodcast.com/ep53</span></a><span style="font-weight: 400;"> </span></p> <p> </p> <p><span style="font-weight: 400;">------</span></p> <p> </p> <p><strong>Show Notes:</strong></p> <p><span style="font-weight: 400;">[00:00:31] - [First question] - Peter’s and Nozawa’s Background</span></p> <p><span style="font-weight: 400;">[00:02:40] - Why did Peter go from Finance to Hospitality and from Singapore to Japan?</span></p> <p><span style="font-weight: 400;">[00:05:54] - And did his skills transfer?</span></p> <p><span style="font-weight: 400;">[00:07:23] - What’s it like running a large accommodation provider in a small village?</span></p> <p><span style="font-weight: 400;">[00:10:12] - Comparing domestic and foreign tourism for Nozawa Onsen</span></p> <p><span style="font-weight: 400;">[00:12:42] - How are Japanese online travel agents different?</span></p> <p><span style="font-weight: 400;">[00:14:49] - The seasonality around ski mountain hospitality </span></p> <p><span style="font-weight: 400;">[00:19:20] - Why diverse teams are more successful</span></p> <p><span style="font-weight: 400;">[00:20:25] - Is the flight of rural residents to larger cities a pro