Notice on Hotel Operation Status (December 2025)

Overview of Domestic Hotel Operation Status

In December 2025, the domestic hotel room occupancy rate was 89.8% (YoY +2.7%), ADR was JPY 13,217 (YoY +2.9%), RevPAR was JPY 11,866 (YoY +6.1%), and the inbound ratio was 51.6% (YoY +1.5%). Cumulatively from April to December 2025, the room occupancy rate was 90.7% (YoY +3.1%), ADR was JPY 13,203 (YoY +10.4%), RevPAR was JPY 11,969 (YoY +14.3%), and the inbound ratio was 51.8% (YoY +5.4%), showing favorable trends.

Trends in Overseas Visitors to Japan and Regional Operation Status

According to statistics from the Japan National Tourism Organization, the number of overseas visitors to Japan in December reached a record high of 3,617,700, up 3.7% YoY. The total number of overseas visitors to Japan for 2025 also rose 15.8% YoY to 42,683,600. Although visitors from China declined, increases in visitors from South Korea, Malaysia, Thailand, the United States, Canada, and other countries contributed to rises in the inbound ratio and RevPAR. Regionally, RevPAR showed double-digit growth in Hokkaido, Tohoku, Hokuriku Shinetsu, Chubu, Chugoku, Shikoku, and Kyushu; Kanto remained flat year-on-year, while Kinki saw a slight decrease. Although the number of visitors from China and Hong Kong has declined, the overall impact on performance is judged to be minor.