The Peninsula Tokyo (whose parent company is based in Hong Kong) has been successful, Thompson explains, by incorporating deep Japanese hospitality into its model.

WSJ: Made Better in Japan

Located on the Izu Peninsula two hours south of Tokyo, the exquisitely detailed Asaba has been run by the same family for 336 years.

FORBES: Ryokans Beyond Calm

Park's North Korea policy is of keen interest not only on the Korean Peninsula but also among officials in Washington, Beijing and Tokyo.

NPR: NKorea Criticizes SKorea Prez's 'Swish Of Skirt'