Midrange
$$
Togetsuan
渡æ庵, tel. +91-767-621788, (http://www.hosenkaku.jp/t...). built like a taisho-era ryokan using traditional techniques and materials. gorgeous from the inside and outside, but regrettably surrounded on four sides by concrete monstrosities. good indoor and outdoor bath, plus free use of the facilities at sister ryokan håsenkaku. bed & breakfast singles ok from ¥7300, packages for two with dinner from ¥10000/person up.
Top end
$$$
Kagaya
80 Yobu Wakura-machi
0767-62-4211
Â¥18,900-150,000
in the centre of Wakura and a 15 minute walk from Wakura station
Luxurious Japanese-style Inn though actually a de facto hotel. The rooms, food, hot springs, view, and everything else are of the very best quality. All this luxury comes at a hefty price, but if you can afford to stay even one night, you should.