Invincible Investment Corporation

8963.T
REIT - Hotel & Motel
2026/04/14 Updated
Market Cap: $3.0B (¥477.1B)
Stock Price: $390.62 (¥62,400)
Exchange Rate: 1 USD = ¥159.74

Notice Regarding Portfolio Operating Performance (February 2026)

In February 2026, revenue for 101 domestic hotel properties was 8,235 million yen, up 3.9% year-over-year, with an occupancy rate of 86.3%, increasing 1.1 points year-over-year, showing steady performance.

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

Key Figures

  • Domestic Hotels Revenue: 8,235 million yen (Year-over-Year +3.9%)
  • Domestic Hotels Occupancy Rate: 86.3% (Year-over-Year +1.1 points)
  • Cayman Properties (2) Revenue: 13,190 thousand USD (Year-over-Year +11.1%)

AI要約

Domestic Hotels Operating Performance

In February 2026, the domestic hotel portfolio (based on 101 properties) recorded an occupancy rate of 86.3%, up 1.1 points year-over-year, an ADR of 13,632 yen, up 1.1%, and a RevPAR of 11,770 yen, up 2.5%. Revenue increased 3.9% year-over-year to 8,235 million yen. Despite a decline in inbound tourists from China due to worsening Japan-China relations, demand from other countries and domestic guests remained strong. The Japan National Tourism Organization reported a record high of 3.46 million inbound visitors in February, up 6.4% year-over-year. Regionally, the occupancy rate in the Tokyo 23 wards remained at a high level of 90.7%.

Overseas Hotels Operating Performance and Outlook

At the two properties in the Cayman Islands, the occupancy rate in February 2026 was 81.8%, up 5.9 points year-over-year; ADR was 738 USD, up 0.6%; and RevPAR was 604 USD, up 8.5%, resulting in revenue of 13,190 thousand USD, an 11.1% increase year-over-year. The forecast for March 2026 expects further improvement with occupancy at 84.2%, ADR at 790 USD, and RevPAR at 665 USD. There has been minimal impact on performance due to the worsening situation in the Middle East.

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