In May 2026, the overall portfolio occupancy rate improved by 1.1 percentage points YoY, ADR increased by 2.4%, and RevPAR rose by 3.8%. The Kansai region faced demand decline and price competition, while other areas showed notable recovery. ADR\/RevPAR for Hoshino Resorts managed properties reached monthly record highs, and Grand Hyatt Fukuoka posted record-high revenue and GOP. Impacts from Middle East tensions are limited at present.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3287","jir_company_name":"\u661f\u91ce\u30ea\u30be\u30fc\u30c8\u30fb\u30ea\u30fc\u30c8\u6295\u8cc7\u6cd5\u4eba","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/3287-20260706-01.pdf","jir_short_summary":"In May 2026, the overall portfolio occupancy rate improved by 1.1 percentage points YoY, ADR increased by 2.4%, and RevPAR rose by 3.8%. The Kansai region faced demand decline and price competition, while other areas showed notable recovery. ADR\/RevPAR for Hoshino Resorts managed properties reached monthly record highs, and Grand Hyatt Fukuoka posted record-high revenue and GOP. Impacts from Middle East tensions are limited at present.","jir_summary":"### Performance trends\nIn May 2026, the portfolio-wide occupancy rate rose by 1.1 points from the previous month, ADR increased by 2.4%, and RevPAR rose by 3.8%, showing steady improvement. Revenue also increased YoY, and ADR\/RevPAR for Hoshino Resorts managed properties recorded monthly record highs. The Kansai area faced challenges due to post-Expo Osaka 2025 demand retreat and inbound travel restrictions, while other areas showed robust demand recovery, supporting the overall performance.\n\n### Outlook and considerations\nThe impact of worsening Middle East tensions remains limited at present; however, energy prices and inflation trends could continue to affect operating costs, which warrants ongoing monitoring. Property-level operating results are published monthly, and information on variable-rent properties depends on tenant reports, so consistency with future annual securities reports should be verified.","jir_financial_highlights":"Occupancy rate: 80.1% (YoY +1.1pt)\nADR (JPY): 22,950 (+2.4%)\nRevPAR (JPY): 18,373 (+3.8%)\nSales revenue (million JPY): 6,288 (+3.5%)\nADR\/RevPAR for Hoshino Resorts managed properties: Monthly record high (n\/a)\nSales and GOP for Grand Hyatt Fukuoka: Reached a monthly record high (n\/a)","jir_category":"","jir_hashtags":"#Hoshino Resorts REIT, #IR, #JapaneseStocks","jir_key_figures":"Occupancy rate: 80.1% (YoY +1.1pt)\nADR: 22,950 yen (+2.4%)\nRevPAR: 18,373 yen (+3.8%)\nSales revenue: 6,288 million yen (+3.5%)\nGrand Hyatt Fukuoka: Monthly record high","jir_meta_title":"Hoshino Resorts REIT: May 2026 Portfolio Operating Results | Occupancy, ADR, RevPAR Trends","jir_meta_description":"Summary of Hoshino Resorts REIT's May 2026 portfolio operating results. Overall indicators show improvement; overview of regional trends and key points to monitor. Includes latest monthly data and major items.","jir_og_title":"Hoshino Resorts REIT: Key Points from May Operating Results","jir_og_description":"May portfolio operating results show occupancy, ADR, and RevPAR surpassing the prior year, with steady overall performance. Explains regional trends and future monitoring points.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9246,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"sales_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-76784","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n