Wow! that is a lot of money for both the Madarao places. The one next door to Hakken is/was for sale for about 1/3 of that, which is a bit more than they paid for Hakken. I wonder if Hakken is for sale because Active Life have bought a resort elsewhere. Not happy about their description of being ski out. We have regular incidents of their guests trying to die on either our vehicles or snow blower. If the one at Ryuoo has not had a hotel license it could be difficult to get one. And Ryuoo has other issues for westerners. I have some friends who have bought there are and are struggling.