Star Asia Investment Corporation

3468.T
REIT - Diversified
2026/04/10 Updated
Market Cap: $963.0M (¥152.6B)
Stock Price: $358.41 (¥56,800)
Exchange Rate: 1 USD = ¥158.48

Notice on Hotel Operating Status (February 2026)

In February 2026, the hotel portfolio recorded a room occupancy rate of 91.1%, ADR of 14,872 yen, and RevPAR of 13,545 yen, representing year-over-year increases of +2.6%, -1.1%, and +1.7%, respectively, indicating solid performance.

Importance:
Page Updated: March 25, 2026
IR Disclosure Date: March 25, 2026

Key Figures

  • Inbound Visitor Numbers (February 2026): 3,466,700 people (Year-over-Year 6.4% increase)
  • Hotel Portfolio Average Room Occupancy Rate: 91.1% (Year-over-Year 2.6% increase)
  • Hotel Portfolio Average RevPAR: 13,545 yen (Year-over-Year 1.7% increase)

AI要約

Overview of Hotel Operating Status

Star Asia Investment Corporation discloses the operational status of its hotels, including variable rent contracts, for February 2026. Inbound visitor numbers reached a record high of 3,466,700 people, up 6.4% year-over-year. Although arrivals from China decreased due to travel restrictions, travelers from South Korea and Taiwan increased significantly. Diverse demand from domestic and international visitors was captured across regions such as Hokkaido, Sendai, and Osaka. In particular, inbound ratios increased in Hokkaido due to the Snow Festival and Lunar New Year demand. At the Osaka Shinsaibashi hotel, room renovations were undertaken to improve RevPAR.

Details of Hotel Operating Performance

The average room occupancy rate of 15 hotels with comparable data was 91.1% (Year-over-Year +2.6%), ADR was 14,872 yen (Year-over-Year -1.1%), and RevPAR was 13,545 yen (Year-over-Year +1.7%), showing steady trends. Individually, KOKO HOTEL Tokyo Nishikasai achieved a room occupancy rate of 95.8% and a 22.0% increase in RevPAR, performing well. Osaka Namba Ebisu-cho recorded a 73.8% room occupancy rate, declining year-over-year. Other hotels also generally demonstrated stable operations. Detailed data are available on the corporation’s website.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.