Star Asia Investment Corporation

3468.T
REIT - Diversified
2026/08/21 Updated
Market Cap: $905.9M (¥144.0B)
Stock Price: $337.14 (¥53,600)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Hotel Operation Status (March 2026)

In March 2026, the hotel portfolio recorded a room occupancy rate of 91.5%, ADR of ¥15,332, and RevPAR of ¥14,035, reflecting solid performance with year-over-year increases of +3.0%, +6.8%, and +10.4% respectively.

Importance:
Page Updated: April 24, 2026
IR Disclosure Date: April 24, 2026

Key Figures

  • Number of Inbound Foreign Visitors: 3,618,900 (March 2026, 3.5% Year-over-Year Increase)
  • Average Room Occupancy Rate: 91.5% (March 2026, 3.0% Year-over-Year Increase)
  • Average ADR: ¥15,332 (March 2026, 6.8% Year-over-Year Increase)

AI要約

Overview of Hotel Operation Status

In March 2026, the number of inbound foreign visitors to Japan reached 3,618,900 (3.5% Year-over-Year increase), setting a new record. Capturing diverse demand from both domestic and international sources, Star Asia Investment Corporation's hotel portfolio performed steadily. Especially in regions such as Hokkaido, Sendai, Nagoya, and Fukuoka, event-driven demand was noticeable. Although there were some cancellations in the Tokyo area, Polaris implemented agile revenue management to maintain and improve the average rate per guest.

Details of Hotel Operating Results

The average room occupancy rate across 15 hotels improved to 91.5% (3.0% Year-over-Year increase), ADR rose to ¥15,332 (6.8% Year-over-Year increase), and RevPAR reached ¥14,035 (10.4% Year-over-Year increase). Individually, KOKO HOTEL in Nishi-Kasai, Tokyo, posted a significant increase with a room occupancy rate of 95.0%, ADR of ¥12,729, and RevPAR of ¥12,095. Sales at locations such as Tenjin in Fukuoka and Sapporo Station also exceeded the previous year. Some sales figures remain undisclosed.

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

Star Asia Investment Corporation

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