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Hoshino Resorts' original property is located in Karuizawa, an area of Nagano Prefecture, under Mount Asama, first deemed fit as a resort and villa spot in the late 19th century by foreign missionaries like British/Canadian theologian Alexander Croft Shaw in (1886). Emperor Akihito met his wife Michiko in the area, and it is the only place in the world to have hosted both summer and winter Olympic events. Hoshinoya Karuizawa is located on the banks of the Yukawa river.