Hoshino Resorts REIT, Inc.
Notice Regarding Portfolio Operating Results (November 2025)
The portfolio's total sales for November 2025 were JPY 6,449 million, an 8.2% increase year-over-year, with a room occupancy rate of 84.5%, up 2.8 percentage points compared to the same month last year.
Key Figures
- Sales: JPY 6,449 million (Year-over-Year +8.2%)
- Room Occupancy Rate: 84.5% (Year-over-Year +2.8pt)
- RevPAR: JPY 19,263 (Year-over-Year +10.0%)
AI要約
Overview of Operating Results for November 2025
In November 2025, the portfolio's room occupancy rate was 84.5% (up 2.8 percentage points year-over-year), ADR was JPY 22,797 (up 6.4% year-over-year), and RevPAR was JPY 19,263 (up 10.0% year-over-year), resulting in total sales of JPY 6,449 million (an 8.2% increase year-over-year). This growth was supported by increased tourism demand during the autumn foliage season, particularly driven by inbound demand and effective sales strategies at properties other than Hoshino Resorts-managed assets.
Outlook and Risk Factors
The impact of travel restrictions requested by the Chinese government has been limited and compensated by inbound demand from other countries, but trends during the 2026 February Lunar New Year period require ongoing close monitoring. Additionally, at the Grand Prince Hotel Osaka Bay, efforts continue to actively capture individual travelers and MICE demand even after the Expo's conclusion, aiming to maintain occupancy rates.
