Invincible Investment Corporation

8963.T
REIT - Hotel & Motel
2026/03/02 Updated
Market Cap: $3.2B (¥507.0B)
Stock Price: $424.98 (¥66,300)
Exchange Rate: 1 USD = ¥156.01

Notice Regarding Portfolio Operating Results (January 2026)

Domestic hotel sales for January 2026 were 8,007 million yen, a 2.5% increase year-over-year, with an occupancy rate of 80.1%, up 0.1 points. Overseas hotel sales were 11.941 million USD, down 5.5% year-over-year.

Importance:
Page Updated: February 26, 2026
IR Disclosure Date: February 26, 2026

Key Figures

  • Domestic Hotel Sales: 8,007 million yen (Year-over-Year +2.5%)
  • Domestic Hotel Occupancy Rate: 80.1% (Year-over-Year +0.1 points)
  • Overseas Hotel Sales: 11,941 thousand USD (Year-over-Year △5.5%)

AI要約

Operating Results of Domestic Hotels

In January 2026, the domestic hotel portfolio (based on 101 properties) posted an occupancy rate of 80.1% (up 0.1 points YoY), an ADR of 12,240 yen (down 0.2% YoY), and a RevPAR of 9,802 yen (down 0.1% YoY). Sales amounted to 8,007 million yen, marking a 2.5% increase compared to the same month last year. Despite impacts from the Chinese government’s request to refrain from traveling to Japan, reduced flights, and shifted Lunar New Year timing causing fewer visitors from China and Hong Kong, demand from other inbound guests and domestic travelers remained firm, resulting in a 9.4% YoY increase in room revenue. Regionally, occupancy rates remained high with 86.6% in the 23 wards of Tokyo and 83.4% in Hokkaido.

Operating Results and Outlook for Overseas Hotels

In January 2026, the two properties in the Cayman Islands recorded an occupancy rate of 71.5% (up 0.2 points YoY), an ADR of 720 USD (up 1.6% YoY), and a RevPAR of 515 USD (up 1.9% YoY). Sales totaled 11,941 thousand USD, down 5.5% year-over-year. Although flight cancellations caused by a cold wave in the U.S. mainland in late January affected performance, travel demand remained steady. February forecasts anticipate improvement with occupancy at 80.4%, ADR at 733 USD, and RevPAR at 590 USD.

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