Hotel Performance

Data Download

Domestic Hotels Total
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
# of Properties (Note2) actual - 79 (89) 79 (89) 79 (89) 79 (89) 79 (89) - 79 (89)
Occupancy Rate actual (%) 74.0 81.8 83.0 80.9 80.3 - 80.0
ADR actual (JPY) 10,224 12,032 12,928 13,235 12,656 - 12,249
RevPAR actual (JPY) 7,563 9,842 10,729 10,709 10,167 - 9,795
Gross Revenue actual (JPY mn) 4,532 5,191 6,143 5,931 5,873 - 27,672
Overseas Hotels Total
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
# of Properties (Note2) actual - 2 2 2 2 2 - 2
Occupancy Rate actual (%) 80.8 83.5 89.7 80.1 72.3 - 81.2
ADR actual (USD) 621 602 662 590 444 - 588
RevPAR actual (USD) 501 503 594 473 321 - 478
Gross Revenue actual (USD'000) 12,819 11,766 15,517 12,133 8,770 - 61,007
  1. ADR and RevPAR are rounded to the nearest yen and Gross Revenue is rounded down to the indicated unit. Percentages are rounded to one decimal place.This applies hereinafter.
  2. # of properties shows the number of the hotels that are subject to the calculation for each month, and does not include the number of hotels under fixed rent contract. The number in the parenthesis shows the total number of hotels held by INV as of the end of the subject month, including the hotels under fixed rent contract. Please see the footnote of the individual hotels listed below to identify the hotels under fixed rent contract.
  3. Sheraton Grande Tokyo Bay Hotel, the underlying asset of the preferred equity interest acquired on October 13, 2017 is excluded from the performance calculation.
  4. “Gross Revenue” for 2018 shows the total revenue of the hotel, while “Gross Revenue” prior to 2018 showed the gross operating income of the hotel. Year-on-year change in 2018 shows the total revenue in 2018 vs. the total revenue in 2017. There is no significant difference between total revenue and gross operating income for the limited service hotels that account for the vast majority of INV's hotel portfolio.
  5. For below figures of each hotel, comparison for year-on-year is not made if the days of operation are less than one month. Year-on-year comparison for the six month cumulative figures is not provided if the property was not held as at the beginning of the fiscal period. Year-on-year comparison with the pre-acquisition period of each hotel is based on actual results provided by sellers.
  6. Figures for year-on-year comparison are not shown in the case that the figures cannot be calculated due to the closure, etc. during the previous year.

Individual Hotels

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2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 78.6 86.0 89.0 90.3 89.2 - 86.6
year-on-year (points) -4.5 1.8 3.2 10.0 15.2 - 5.2
ADR actual (JPY) 9,087 11,078 13,808 13,293 12,213 - 11,975
year-on-year (%) 25.5 20.6 6.3 0.3 9.4 - 11.2
RevPAR actual (JPY) 7,144 9,529 12,288 12,002 10,891 - 10,371
year-on-year (%) 18.8 23.2 10.3 12.8 31.8 - 18.3
Gross Revenue actual (JPY mn) 28 35 48 45 42 - 200
year-on-year (%) 19.5 27.4 10.0 12.6 31.7 - 19.0
    (Note 1) This property was acquired on May 23, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 77.5 86.3 92.7 93.0 89.1 - 87.7
year-on-year (points) 6.9 0.8 1.5 4.9 1.8 - 3.2
ADR actual (JPY) 6,833 7,686 8,840 8,486 8,595 - 8,137
year-on-year (%) 39.1 41.0 39.4 29.7 41.4 - 37.5
RevPAR actual (JPY) 5,293 6,629 8,199 7,892 7,661 - 7,136
year-on-year (%) 52.7 42.2 41.6 36.9 44.3 - 42.7
Gross Revenue actual (JPY mn) 27 31 41 39 39 - 179
year-on-year (%) 50.4 46.1 39.3 37.3 44.9 - 42.9
    (Note 1) This property was acquired on May 23, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 42.3 72.9 77.2 71.6 85.7 - 69.9
year-on-year (points) -23.6 0.6 5.0 -2.1 14.9 - -1.1
ADR actual (JPY) 8,538 8,750 16,708 18,257 12,484 - 13,373
year-on-year (%) 41.2 37.2 28.3 34.7 6.0 - 29.9
RevPAR actual (JPY) 3,609 6,379 12,892 13,079 10,697 - 9,345
year-on-year (%) -9.4 38.3 37.2 30.8 28.2 - 28.0
Gross Revenue actual (JPY mn) 28 46 97 96 83 - 353
year-on-year (%) -9.0 38.4 33.5 28.0 27.5 - 26.4
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 90.2 90.8 92.7 93.0 91.8 - 91.7
year-on-year (points) 7.2 3.5 4.9 4.3 4.1 - 4.8
ADR actual (JPY) 11,216 15,055 16,807 11,379 13,240 - 13,540
year-on-year (%) 18.2 48.0 5.6 1.5 0.9 - 12.4
RevPAR actual (JPY) 10,118 13,669 15,577 10,579 12,152 - 12,415
year-on-year (%) 28.5 53.9 11.5 6.5 5.7 - 18.6
Gross Revenue actual (JPY mn) 64 77 96 76 78 - 393
year-on-year (%) 23.1 46.1 10.4 9.9 3.9 - 16.5
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 95.5 97.2 97.1 97.0 95.9 - 96.5
year-on-year (points) -0.8 -0.3 -0.4 0.5 0.9 - 0.0
ADR actual (JPY) 19,712 24,434 30,272 22,049 23,323 - 23,980
year-on-year (%) 28.3 50.8 17.8 9.2 5.1 - 19.9
RevPAR actual (JPY) 18,829 23,742 29,382 21,396 22,378 - 23,149
year-on-year (%) 27.3 50.4 17.3 9.8 6.0 - 19.9
Gross Revenue actual (JPY mn) 58 66 87 63 67 - 342
year-on-year (%) 25.0 51.6 16.7 9.4 5.9 - 19.5
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 63.2 74.8 82.7 82.0 84.6 - 77.5
year-on-year (points) -8.5 -0.2 -0.3 8.1 15.6 - 3.0
ADR actual (JPY) 11,472 13,702 15,288 14,685 13,874 - 13,920
year-on-year (%) 6.4 2.3 -1.8 2.6 -3.2 - 1.4
RevPAR actual (JPY) 7,251 10,254 12,651 12,043 11,731 - 10,785
year-on-year (%) -6.1 2.1 -2.2 13.8 18.6 - 5.4
Gross Revenue actual (JPY mn) 41 52 65 62 63 - 285
year-on-year (%) -5.6 4.7 -1.9 13.2 17.7 - 5.7
    (Note 1) This property was acquired on July 17, 2014.
    (Note 2) The name of this property was changed from "Hotel MyStays Dojima" as of March 10, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 85.9 87.6 90.4 85.6 87.9 - 87.5
year-on-year (points) 13.1 3.5 0.0 -3.6 4.0 - 3.4
ADR actual (JPY) 6,399 7,496 7,861 8,885 7,307 - 7,583
year-on-year (%) 9.1 10.7 13.4 28.1 2.0 - 12.2
RevPAR actual (JPY) 5,498 6,566 7,108 7,602 6,420 - 6,633
year-on-year (%) 28.8 15.3 13.4 23.0 6.9 - 16.8
Gross Revenue actual (JPY mn) 51 57 68 68 60 - 305
year-on-year (%) 25.7 18.4 13.5 21.6 7.7 - 16.8
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 57.3 69.7 83.6 85.8 77.5 - 74.8
year-on-year (points) -23.1 -8.1 0.3 1.1 7.9 - -4.4
ADR actual (JPY) 6,089 7,773 8,642 8,274 8,122 - 7,895
year-on-year (%) -2.2 7.3 8.5 22.1 0.7 - 9.1
RevPAR actual (JPY) 3,490 5,417 7,228 7,095 6,291 - 5,903
year-on-year (%) -30.3 -3.9 8.9 23.8 12.2 - 3.1
Gross Revenue actual (JPY mn) 22 31 45 41 39 - 180
year-on-year (%) -28.3 -0.8 6.3 19.0 9.8 - 2.0
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.9 86.8 93.6 89.6 90.2 - 88.6
year-on-year (points) 5.8 0.9 4.9 3.7 3.4 - 3.8
ADR actual (JPY) 7,411 9,411 11,994 11,497 10,767 - 10,283
year-on-year (%) 0.2 5.0 7.8 8.7 6.6 - 6.0
RevPAR actual (JPY) 6,143 8,169 11,226 10,301 9,709 - 9,114
year-on-year (%) 7.8 6.0 13.8 13.4 10.7 - 10.7
Gross Revenue actual (JPY mn) 41 50 73 65 63 - 294
year-on-year (%) 10.0 14.5 14.9 13.2 7.4 - 12.1
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 79.4 86.3 87.6 88.3 90.1 - 86.3
year-on-year (points) -1.8 1.3 2.6 2.2 6.1 - 2.1
ADR actual (JPY) 7,447 9,436 11,684 10,006 9,194 - 9,591
year-on-year (%) 23.4 27.2 26.9 10.1 12.6 - 19.8
RevPAR actual (JPY) 5,915 8,141 10,233 8,837 8,285 - 8,280
year-on-year (%) 20.7 29.2 30.9 12.9 20.8 - 22.8
Gross Revenue actual (JPY mn) 17 22 30 25 24 - 120
year-on-year (%) 21.1 33.4 31.8 12.9 21.5 - 23.9
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 84.5 90.1 94.0 88.3 89.0 - 89.2
year-on-year (points) 6.7 -0.3 -0.7 0.7 5.6 - 2.5
ADR actual (JPY) 8,695 11,027 10,849 9,261 10,057 - 9,996
year-on-year (%) 20.2 23.2 20.0 16.5 12.1 - 18.2
RevPAR actual (JPY) 7,346 9,938 10,199 8,178 8,950 - 8,914
year-on-year (%) 30.5 22.8 19.1 17.5 19.5 - 21.5
Gross Revenue actual (JPY mn) 42 53 58 46 52 - 253
year-on-year (%) 30.7 27.2 20.1 20.7 21.1 - 23.5
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 85.3 90.3 92.6 91.4 84.2 - 88.7
year-on-year (points) -4.0 1.3 -1.4 4.9 0.6 - 0.2
ADR actual (JPY) 10,135 13,012 15,214 14,931 12,276 - 13,164
year-on-year (%) 39.4 52.8 81.1 51.1 22.0 - 49.6
RevPAR actual (JPY) 8,650 11,750 14,083 13,649 10,336 - 11,680
year-on-year (%) 33.1 55.0 78.4 59.7 22.9 - 50.0
Gross Revenue actual (JPY mn) 17 21 27 25 20 - 112
year-on-year (%) 30.2 49.4 71.5 54.4 20.4 - 45.4
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 87.2 91.4 93.3 91.3 85.8 - 89.8
year-on-year (points) 1.8 -5.5 -3.0 -4.7 -7.0 - -3.6
ADR actual (JPY) 7,163 9,168 11,289 10,282 10,591 - 9,721
year-on-year (%) 46.2 79.0 79.8 35.3 44.2 - 54.7
RevPAR actual (JPY) 6,248 8,377 10,530 9,392 9,091 - 8,728
year-on-year (%) 49.2 68.7 74.1 28.7 33.3 - 48.6
Gross Revenue actual (JPY mn) 14 17 23 20 20 - 96
year-on-year (%) 48.3 73.8 73.5 29.0 33.1 - 49.3
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.3 91.4 92.7 92.2 86.0 - 88.9
year-on-year (points) -9.9 -2.4 -3.9 -1.6 -6.3 - -4.9
ADR actual (JPY) 8,499 10,107 11,649 12,731 10,694 - 10,784
year-on-year (%) 18.9 25.8 26.1 12.0 7.4 - 17.7
RevPAR actual (JPY) 6,998 9,238 10,795 11,743 9,195 - 9,584
year-on-year (%) 6.2 22.6 21.1 10.1 0.1 - 11.6
Gross Revenue actual (JPY mn) 12 14 18 19 15 - 80
year-on-year (%) 6.2 26.4 18.7 9.5 -0.7 - 11.5
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 79.6 90.8 91.6 88.8 85.6 - 87.2
year-on-year (points) -1.8 3.3 2.2 -1.3 -4.5 - -0.5
ADR actual (JPY) 5,189 5,118 5,483 5,750 5,498 - 5,412
year-on-year (%) 31.7 28.2 24.3 24.0 15.0 - 23.9
RevPAR actual (JPY) 4,130 4,647 5,023 5,104 4,705 - 4,720
year-on-year (%) 28.8 33.1 27.3 22.2 9.3 - 23.2
Gross Revenue actual (JPY mn) 16 17 20 20 19 - 94
year-on-year (%) 29.1 37.2 27.0 21.4 8.5 - 23.6
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 73.9 76.7 82.0 85.7 83.3 - 80.3
year-on-year (points) -0.9 1.1 3.8 1.8 -0.8 - 1.0
ADR actual (JPY) 5,195 5,446 5,614 5,797 5,595 - 5,539
year-on-year (%) 38.9 34.8 31.9 17.7 12.0 - 25.3
RevPAR actual (JPY) 3,840 4,175 4,604 4,970 4,660 - 4,450
year-on-year (%) 37.3 36.9 38.3 20.2 10.9 - 26.9
Gross Revenue actual (JPY mn) 12 12 15 15 15 - 72
year-on-year (%) 35.7 39.4 36.5 19.1 10.1 - 26.3
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 63.3 69.9 84.5 87.5 83.1 - 77.7
year-on-year (points) -22.6 -15.2 -3.4 -3.6 3.9 - -8.1
ADR actual (JPY) 8,972 10,901 11,504 8,486 9,029 - 9,769
year-on-year (%) 15.9 25.3 11.0 14.5 6.6 - 14.4
RevPAR actual (JPY) 5,675 7,624 9,726 7,429 7,504 - 7,592
year-on-year (%) -14.6 2.9 6.7 10.0 11.8 - 3.6
Gross Revenue actual (JPY mn) 20 25 33 25 26 - 130
year-on-year (%) -13.8 6.8 6.6 10.0 11.6 - 4.4
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 69.3 82.3 86.2 79.1 79.4 - 79.2
year-on-year (points) -3.5 2.8 2.9 0.4 5.7 - 1.7
ADR actual (JPY) 13,246 14,229 17,028 18,446 15,814 - 15,829
year-on-year (%) 46.1 40.0 25.8 44.0 23.1 - 34.7
RevPAR actual (JPY) 9,183 11,707 14,677 14,584 12,557 - 12,539
year-on-year (%) 39.0 44.9 30.2 44.7 32.6 - 37.6
Gross Revenue actual (JPY mn) 17 20 27 25 23 - 114
year-on-year (%) 33.4 49.0 28.5 41.8 30.7 - 36.0
    (Note 1) This property was acquired on July 17, 2014.
    (Note 2) The name of this property was changed from "Flexstay Inn Kiyosumi Shirakawa" as of September 9, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 63.3 81.7 85.2 95.4 82.2 - 81.5
year-on-year (points) -9.8 -1.6 -3.7 5.2 0.4 - -2.0
ADR actual (JPY) 5,891 6,136 6,596 6,492 6,467 - 6,346
year-on-year (%) 30.6 15.6 10.7 7.5 8.7 - 13.5
RevPAR actual (JPY) 3,728 5,013 5,619 6,192 5,317 - 5,169
year-on-year (%) 13.1 13.3 6.0 13.8 9.2 - 10.8
Gross Revenue actual (JPY mn) 4 5 6 7 6 - 30
year-on-year (%) 16.9 17.7 6.7 14.9 9.5 - 12.6
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 68.0 84.0 89.7 95.9 73.3 - 82.1
year-on-year (points) -12.8 -4.0 2.2 4.1 -10.1 - -4.2
ADR actual (JPY) 5,484 6,157 6,555 6,774 6,136 - 6,270
year-on-year (%) 20.7 17.5 19.3 13.3 5.5 - 15.5
RevPAR actual (JPY) 3,731 5,172 5,883 6,497 4,499 - 5,147
year-on-year (%) 1.6 12.2 22.3 18.3 -7.3 - 9.9
Gross Revenue actual (JPY mn) 2 3 4 4 3 - 17
year-on-year (%) 1.6 16.1 22.7 18.3 -7.1 - 10.7
    (Note 1) This property was acquired on July 17, 2014.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 75.7 73.4 77.8 84.8 93.8 - 81.2
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,549 8,237 9,269 10,211 9,041 - 8,714
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 4,960 6,047 7,213 8,663 8,480 - 7,076
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 70 80 102 120 121 - 496
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired on February 6, 2015.
    (Note 2) This property accepted COVID-19 patients with mild or no symptoms from August 4, 2020 to May 7, 2023. The year-on-year comparisons for each month from January to May 2023, the January-June 2023 total are not disclosed as the consent from the parties concerned has not been obtained.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 50.7 63.0 61.3 74.5 72.8 - 64.4
year-on-year (points) -1.8 4.0 -9.3 0.7 -5.1 - -2.4
ADR actual (JPY) 6,233 6,121 6,045 8,995 9,183 - 7,486
year-on-year (%) -1.4 1.5 -0.1 15.6 12.0 - 7.2
RevPAR actual (JPY) 3,163 3,855 3,707 6,699 6,684 - 4,822
year-on-year (%) -4.7 8.4 -13.3 16.7 4.7 - 3.3
Gross Revenue actual (JPY mn) 25 29 30 48 50 - 184
year-on-year (%) -7.3 6.9 -15.0 11.7 2.6 - 0.5
    (Note 1) This property was acquired on February 6, 2015.
    (Note 2) The name of this property was changed from "Hotel Nets Hakodate" as of May 1, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 70.5 80.0 78.6 85.5 78.7 - 78.6
year-on-year (points) -11.1 2.0 0.3 -3.3 -9.3 - -4.4
ADR actual (JPY) 6,541 7,147 7,853 7,828 7,455 - 7,389
year-on-year (%) 41.4 42.0 29.6 25.7 22.9 - 31.3
RevPAR actual (JPY) 4,614 5,718 6,176 6,691 5,866 - 5,809
year-on-year (%) 22.2 45.7 30.1 21.0 9.8 - 24.3
Gross Revenue actual (JPY mn) 12 14 16 17 15 - 75
year-on-year (%) 22.4 50.5 29.8 20.8 9.9 - 25.0
    (Note 1) This property was acquired on February 6, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 92.8 95.2 94.7 94.7 93.6 - 94.2
year-on-year (points) 10.9 3.4 -1.1 4.3 -0.7 - 3.4
ADR actual (JPY) 10,992 12,238 13,811 13,784 13,084 - 12,789
year-on-year (%) -0.6 5.2 9.4 1.5 13.6 - 5.7
RevPAR actual (JPY) 10,195 11,651 13,083 13,058 12,242 - 12,045
year-on-year (%) 12.7 9.1 8.1 6.3 12.7 - 9.6
Gross Revenue actual (JPY mn) 61 64 77 74 72 - 350
year-on-year (%) 9.6 10.7 7.3 4.8 11.5 - 8.6
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 78.7 82.8 89.8 92.9 89.2 - 86.7
year-on-year (points) 7.4 -5.7 -1.4 0.4 -1.6 - -0.1
ADR actual (JPY) 6,198 7,399 8,392 8,599 7,880 - 7,741
year-on-year (%) 18.6 37.9 40.5 30.7 39.3 - 33.6
RevPAR actual (JPY) 4,881 6,129 7,533 7,988 7,031 - 6,711
year-on-year (%) 31.0 29.1 38.3 31.3 36.9 - 33.5
Gross Revenue actual (JPY mn) 42 49 64 65 60 - 281
year-on-year (%) 28.8 31.3 36.5 29.4 35.4 - 32.5
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 87.1 92.3 93.0 92.0 88.9 - 90.6
year-on-year (points) 11.8 8.3 6.4 2.7 2.6 - 6.4
ADR actual (JPY) 10,575 12,848 14,867 15,747 13,437 - 13,524
year-on-year (%) 47.8 56.8 78.0 48.5 37.5 - 52.4
RevPAR actual (JPY) 9,211 11,862 13,823 14,486 11,940 - 12,255
year-on-year (%) 71.0 72.2 91.2 53.0 41.6 - 63.8
Gross Revenue actual (JPY mn) 28 33 41 42 36 - 183
year-on-year (%) 70.0 76.0 88.8 52.3 41.2 - 63.7
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 73.9 81.8 88.6 93.1 88.6 - 85.2
year-on-year (points) -9.2 -6.7 -0.8 3.7 0.2 - -2.6
ADR actual (JPY) 6,421 7,574 8,829 8,528 7,995 - 7,931
year-on-year (%) 28.9 43.1 40.2 27.6 32.0 - 34.8
RevPAR actual (JPY) 4,743 6,192 7,818 7,942 7,087 - 6,756
year-on-year (%) 14.6 32.4 38.9 32.9 32.2 - 30.9
Gross Revenue actual (JPY mn) 26 32 43 42 39 - 185
year-on-year (%) 14.0 35.6 37.6 31.7 32.1 - 30.8
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 77.5 87.0 82.6 84.4 87.4 - 83.7
year-on-year (points) 2.3 1.6 -9.1 -5.0 0.5 - -2.0
ADR actual (JPY) 6,684 7,279 8,475 7,272 7,590 - 7,472
year-on-year (%) 7.7 19.7 14.5 11.9 0.9 - 10.2
RevPAR actual (JPY) 5,178 6,336 6,996 6,138 6,630 - 6,255
year-on-year (%) 10.9 21.9 3.1 5.7 1.5 - 7.7
Gross Revenue actual (JPY mn) 27 30 36 31 34 - 159
year-on-year (%) 9.9 25.4 3.1 2.7 1.4 - 7.5
    (Note 1) This property was acquired on July 16, 2015.
    (Note 2) The name of this property was changed from "Hotel Vista Shimizu" as of April 1, 2019.
    (Note 1) This property was acquired on July 16, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 81.7 84.4 86.5 84.9 84.0 - 84.3
year-on-year (points) 0.0 -1.0 -6.3 -6.3 -2.1 - -3.2
ADR actual (JPY) 4,553 4,859 5,778 7,141 5,306 - 5,535
year-on-year (%) 21.1 29.1 36.4 18.2 14.0 - 22.5
RevPAR actual (JPY) 3,720 4,101 5,001 6,064 4,458 - 4,667
year-on-year (%) 21.1 27.6 27.2 10.0 11.2 - 18.1
Gross Revenue actual (JPY mn) 10 10 13 16 12 - 64
year-on-year (%) 19.3 29.8 26.6 8.6 10.8 - 17.7
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 85.3 84.1 89.0 86.9 87.5 - 86.6
year-on-year (points) 8.5 -7.3 -3.9 -2.1 2.1 - -0.4
ADR actual (JPY) 7,514 8,222 8,514 9,461 9,816 - 8,715
year-on-year (%) 0.5 12.5 2.2 16.3 -0.7 - 5.6
RevPAR actual (JPY) 6,413 6,917 7,576 8,224 8,585 - 7,547
year-on-year (%) 11.7 3.5 -2.1 13.6 1.6 - 5.1
Gross Revenue actual (JPY mn) 48 49 60 61 65 - 285
year-on-year (%) 20.2 10.4 20.1 36.8 26.2 - 22.9
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 77.0 83.9 83.6 86.6 81.5 - 82.5
year-on-year (points) 3.3 -0.5 -4.1 -2.2 -4.5 - -1.6
ADR actual (JPY) 5,062 5,669 5,799 6,257 6,540 - 5,877
year-on-year (%) 9.4 14.4 18.5 19.4 14.7 - 15.2
RevPAR actual (JPY) 3,898 4,759 4,846 5,416 5,327 - 4,847
year-on-year (%) 14.3 13.7 12.9 16.4 8.7 - 13.0
Gross Revenue actual (JPY mn) 7 8 9 10 10 - 47
year-on-year (%) 14.1 17.2 12.5 16.0 9.1 - 13.6
    (Note 1) This property was acquired on July 16, 2015.
    (Note 1) This property was acquired on July 16, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.2 89.4 87.8 90.8 89.3 - 87.9
year-on-year (points) 13.6 2.2 -1.9 -2.6 1.8 - 2.7
ADR actual (JPY) 4,515 5,207 5,905 5,868 5,519 - 5,417
year-on-year (%) -0.7 4.1 9.4 16.3 7.5 - 7.2
RevPAR actual (JPY) 3,709 4,654 5,186 5,328 4,927 - 4,759
year-on-year (%) 19.0 6.6 7.0 13.0 9.7 - 10.6
Gross Revenue actual (JPY mn) 7 8 10 10 9 - 45
year-on-year (%) 22.2 13.7 6.4 13.6 9.6 - 12.4
    (Note 1) This property was acquired on July 16, 2015.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 78.6 88.9 87.1 90.8 90.3 - 87.1
year-on-year (points) 13.4 16.7 10.9 4.2 3.5 - 9.7
ADR actual (JPY) 5,756 5,961 5,997 6,202 5,970 - 5,982
year-on-year (%) 17.2 13.2 20.4 13.0 6.9 - 13.5
RevPAR actual (JPY) 4,525 5,301 5,226 5,632 5,391 - 5,211
year-on-year (%) 41.3 39.4 37.6 18.6 11.2 - 27.7
Gross Revenue actual (JPY mn) 29 32 34 35 35 - 168
year-on-year (%) 40.6 44.0 37.7 17.9 9.5 - 27.8
    (Note 1) This property was acquired on August 28, 2015.
    (Note 1) This property was acquired on August 28, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
    (Note 1) This property was acquired on August 28, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 68.6 73.3 90.2 88.3 90.0 - 82.2
year-on-year (points) -4.4 -5.1 2.9 9.0 6.6 - 1.8
ADR actual (JPY) 11,771 13,965 14,701 15,635 14,116 - 14,144
year-on-year (%) 10.4 9.8 3.8 -1.4 3.6 - 5.0
RevPAR actual (JPY) 8,072 10,238 13,260 13,811 12,708 - 11,622
year-on-year (%) 3.8 2.7 7.2 9.7 11.8 - 7.4
Gross Revenue actual (JPY mn) 14 17 23 23 22 - 101
year-on-year (%) 2.7 5.5 7.5 8.8 11.0 - 7.5
    (Note 1) This property was acquired on January 22, 2016.
    (Note 1) This property was acquired on January 22, 2016.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
    (Note 1) This property was acquired on January 22, 2016.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
    (Note 1) This property was acquired on January 22, 2016.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
    (Note 1) This property was acquired on January 22, 2016.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Gross Revenue.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 89.4 93.5 94.1 91.5 90.1 - 91.7
year-on-year (points) 10.8 6.0 -0.1 -0.8 -1.3 - 2.9
ADR actual (JPY) 11,547 13,607 16,684 17,111 14,548 - 14,720
year-on-year (%) 8.5 17.3 20.5 22.0 16.5 - 16.8
RevPAR actual (JPY) 10,324 12,723 15,704 15,661 13,105 - 13,500
year-on-year (%) 23.3 25.2 20.4 21.0 14.9 - 20.6
Gross Revenue actual (JPY mn) 138 157 205 196 172 - 870
year-on-year (%) 22.5 27.5 18.3 19.7 15.0 - 20.1
    (Note 1) INV acquired the entire portion of the Main Building and a portion of the Annex Building on March 31, 2016, and additionally acquired additional floors of the Annex Building after conversion from office space on October 31, 2017
    (Note 2) The number of rooms in this property has increased due to conversion from a locker room in Main Building (1 room) as well asconversion from an office space in Annex Building (49 rooms) on October 16, 2017
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 64.2 76.7 98.3 85.4 84.3 - 81.8
year-on-year (points) 1.4 2.9 1.4 -1.1 3.6 - 1.6
ADR actual (JPY) 27,390 21,737 25,727 26,528 28,002 - 25,923
year-on-year (%) 2.6 8.5 3.0 8.5 -8.0 - 2.0
RevPAR actual (JPY) 17,597 16,676 25,280 22,660 23,608 - 21,213
year-on-year (%) 4.9 12.8 4.5 7.1 -4.0 - 4.0
Gross Revenue actual (JPY mn) 426 389 586 519 557 - 2,480
year-on-year (%) 6.7 7.7 3.9 2.8 1.0 - 4.1
    (Note 1) This property was acquired on March 31, 2016.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 83.2 89.7 91.9 84.3 89.0 - 87.6
year-on-year (points) 8.9 0.4 0.0 -0.7 6.2 - 3.0
ADR actual (JPY) 10,224 13,356 12,646 11,310 11,852 - 11,897
year-on-year (%) 12.6 19.1 15.9 21.6 8.6 - 15.3
RevPAR actual (JPY) 8,510 11,981 11,618 9,533 10,554 - 10,425
year-on-year (%) 26.0 19.6 15.9 20.6 16.7 - 19.4
Gross Revenue actual (JPY mn) 60 78 81 65 73 - 359
year-on-year (%) 25.5 23.6 15.1 20.2 15.5 - 19.6
    (Note 1) This property was acquired on March 31, 2016.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 92.5 95.8 96.3 96.6 97.2 - 95.7
year-on-year (points) -0.4 0.8 -0.8 -0.2 0.5 - 0.0
ADR actual (JPY) 11,927 14,145 17,771 17,357 14,795 - 15,227
year-on-year (%) 24.9 25.4 28.2 17.1 15.1 - 21.7
RevPAR actual (JPY) 11,030 13,551 17,121 16,762 14,377 - 14,567
year-on-year (%) 24.3 26.4 27.2 16.9 15.6 - 21.6
Gross Revenue actual (JPY mn) 36 41 56 53 47 - 235
year-on-year (%) 23.8 30.9 27.9 17.2 15.2 - 22.5
    (Note 1) This property was acquired on March 31, 2016.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 83.1 74.0 81.8 79.6 78.5 - 79.4
year-on-year (points) 26.6 1.1 3.0 4.9 7.5 - 8.8
ADR actual (JPY) 9,687 12,597 14,976 15,432 13,796 - 13,278
year-on-year (%) 31.6 50.5 29.1 46.4 -10.4 - 22.4
RevPAR actual (JPY) 8,048 9,318 12,248 12,278 10,823 - 10,548
year-on-year (%) 93.6 52.9 34.1 56.1 -0.9 - 37.6
Gross Revenue actual (JPY mn) 79 84 113 114 103 - 495
year-on-year (%) 73.9 48.5 29.7 50.7 1.9 - 34.8
    (Note 1) This property was acquired on June 15, 2016.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 71.6 83.6 84.4 84.9 85.3 - 81.9
year-on-year (points) 9.8 0.2 -8.1 -4.9 -2.3 - -1.5
ADR actual (JPY) 7,117 7,833 8,791 9,086 9,070 - 8,426
year-on-year (%) -1.7 -2.4 1.7 20.1 9.1 - 5.0
RevPAR actual (JPY) 5,097 6,552 7,416 7,713 7,737 - 6,902
year-on-year (%) 13.8 -2.1 -7.3 13.6 6.2 - 3.2
Gross Revenue actual (JPY mn) 43 50 59 60 62 - 275
year-on-year (%) 38.3 13.4 1.3 17.1 7.9 - 13.2
    (Note 1) This property was acquired on June 15, 2016.
    (Note 2) Their leases had only fixed rent until April 2023. The figures for each month from January to April, the January-June 2023 total are not disclosed as the consent from the operator concerned has not been obtained.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 93.8 94.8 94.2 95.1 93.4 - 94.3
year-on-year (points) 6.5 2.1 -1.2 1.3 -0.1 - 1.7
ADR actual (JPY) 21,557 24,257 32,131 29,422 26,152 - 26,726
year-on-year (%) 37.5 50.7 51.8 12.6 21.5 - 32.1
RevPAR actual (JPY) 20,213 23,002 30,265 27,984 24,437 - 25,190
year-on-year (%) 47.7 54.0 50.0 14.2 21.3 - 34.5
Gross Revenue actual (JPY mn) 83 87 119 109 98 - 497
year-on-year (%) 44.6 54.6 46.0 13.7 20.6 - 33.2
    (Note 1) This property was acquired on May 29, 2017.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 63.9 80.7 88.8 87.2 81.9 - 80.4
year-on-year (points) 6.3 9.7 5.7 12.9 9.8 - 8.8
ADR actual (JPY) 6,865 7,832 8,740 9,322 8,363 - 8,309
year-on-year (%) -0.3 0.6 2.4 6.1 -1.2 - 1.8
RevPAR actual (JPY) 4,385 6,320 7,761 8,130 6,846 - 6,684
year-on-year (%) 10.6 14.4 9.5 24.5 12.3 - 14.4
Gross Revenue actual (JPY mn) 94 112 129 141 132 - 610
year-on-year (%) 21.6 16.9 4.7 24.9 18.8 - 16.8
    (Note 1) This property was acquired on October 13, 2017.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 83.7 85.6 89.7 90.4 87.7 - 87.4
year-on-year (points) 13.5 1.4 -1.6 4.4 -1.0 - 3.4
ADR actual (JPY) 13,630 15,581 20,211 19,815 18,394 - 17,609
year-on-year (%) 32.7 38.7 35.3 12.3 32.2 - 27.8
RevPAR actual (JPY) 11,403 13,340 18,131 17,907 16,126 - 15,392
year-on-year (%) 58.1 41.0 33.0 18.0 30.7 - 32.9
Gross Revenue actual (JPY mn) 93 100 141 137 128 - 601
year-on-year (%) 49.1 39.9 30.3 17.0 27.7 - 30.4
    (Note 1) This property was acquired on October 13, 2017.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 84.1 86.7 88.8 85.3 83.2 - 85.6
year-on-year (points) 14.5 3.7 -0.9 5.7 1.2 - 4.9
ADR actual (JPY) 13,838 16,004 16,681 13,111 14,708 - 14,887
year-on-year (%) 7.1 32.0 11.2 3.4 -2.2 - 9.2
RevPAR actual (JPY) 11,636 13,872 14,806 11,185 12,231 - 12,742
year-on-year (%) 29.4 38.0 10.1 10.9 -0.8 - 15.8
Gross Revenue actual (JPY mn) 198 204 240 175 191 - 1,010
year-on-year (%) 38.7 41.5 13.9 12.3 -0.7 - 19.2
    (Note 1) This property was acquired on October 13, 2017.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 85.2 89.5 73.0 63.8 63.0 - 74.8
year-on-year (points) 22.6 0.9 -8.0 -7.3 -15.2 - -1.3
ADR actual (JPY) 8,884 16,662 8,536 7,796 9,938 - 10,588
year-on-year (%) 14.3 32.2 3.7 -0.2 -2.6 - 12.2
RevPAR actual (JPY) 7,573 14,905 6,235 4,971 6,266 - 7,919
year-on-year (%) 55.5 33.5 -6.5 -10.5 -21.6 - 10.2
Gross Revenue actual (JPY mn) 59 107 49 38 49 - 304
year-on-year (%) 53.5 37.4 -6.7 -11.7 -21.1 - 10.2
    (Note 1) This property was acquired on October 13, 2017.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.0 88.2 93.5 90.6 91.3 - 89.1
year-on-year (points) 2.6 0.0 1.1 4.8 0.5 - 1.8
ADR actual (JPY) 7,882 9,971 12,523 12,423 11,889 - 11,018
year-on-year (%) -6.4 2.0 9.2 4.4 5.5 - 3.7
RevPAR actual (JPY) 6,463 8,796 11,715 11,256 10,853 - 9,820
year-on-year (%) -3.4 2.0 10.5 10.2 6.0 - 5.8
Gross Revenue actual (JPY mn) 34 43 61 57 56 - 253
year-on-year (%) -3.7 5.7 10.8 10.5 6.2 - 6.6
    (Note 1) This property was acquired on February 7, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 48.5 63.3 64.2 79.5 71.3 - 65.3
year-on-year (points) 3.4 0.5 -16.7 3.4 -2.0 - -2.4
ADR actual (JPY) 7,051 7,360 8,047 11,316 8,562 - 8,669
year-on-year (%) -1.1 6.6 8.8 26.3 4.7 - 11.2
RevPAR actual (JPY) 3,421 4,658 5,163 8,992 6,108 - 5,660
year-on-year (%) 6.3 7.5 -13.7 32.0 1.8 - 7.2
Gross Revenue actual (JPY mn) 33 43 54 83 55 - 270
year-on-year (%) 1.9 21.0 -4.9 28.8 -11.2 - 6.7
    (Note 1) This property was acquired on February 7, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 64.6 76.7 77.7 83.5 66.1 - 73.6
year-on-year (points) 5.9 11.6 -0.8 0.0 -9.2 - 1.3
ADR actual (JPY) 8,535 10,934 9,382 28,233 16,882 - 15,132
year-on-year (%) -7.3 -4.1 -6.4 40.7 13.3 - 12.4
RevPAR actual (JPY) 5,510 8,382 7,291 23,562 11,164 - 11,137
year-on-year (%) 2.1 13.1 -7.4 40.7 -0.6 - 14.4
Gross Revenue actual (JPY mn) 69 81 94 166 112 - 525
year-on-year (%) 25.2 42.9 26.3 34.5 -4.2 - 22.4
    (Note 1) This property was acquired on February 7, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 88.7 92.5 95.2 87.1 87.9 - 90.2
year-on-year (points) - - - 4.1 4.1 - -
ADR actual (JPY) 6,849 8,618 7,701 7,000 7,896 - 7,615
year-on-year (%) - - - -4.0 -11.7 - -
RevPAR actual (JPY) 6,072 7,969 7,333 6,096 6,937 - 6,872
year-on-year (%) - - - 0.7 -7.4 - -
Gross Revenue actual (JPY mn) 29 36 35 29 34 - 164
year-on-year (%) - - - 3.7 -4.4 - -
    (Note 1) This property was acquired on February 7, 2018.
    (Note 2) This property accepted COVID-19 patients with mild or no symptoms from January 16, 2022 to March 31, 2023. The year-on-year comparisons for each month from January to March 2023, the January-June 2023 total are not disclosed as the consent from the parties concerned has not been obtained.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 91.4 94.3 94.5 91.3 88.6 - 92.0
year-on-year (points) 8.3 5.2 2.8 -0.3 -1.3 - 3.0
ADR actual (JPY) 10,307 12,560 16,076 16,615 13,804 - 13,879
year-on-year (%) 13.2 21.5 33.3 23.4 17.0 - 21.7
RevPAR actual (JPY) 9,419 11,847 15,194 15,170 12,233 - 12,769
year-on-year (%) 24.5 28.7 37.4 23.0 15.4 - 25.7
Gross Revenue actual (JPY mn) 32 37 52 50 41 - 215
year-on-year (%) 25.2 32.4 37.3 22.7 14.9 - 26.3
    (Note 1) This property was acquired on June 27, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 87.3 90.5 92.0 87.5 87.5 - 88.9
year-on-year (points) 0.0 0.6 3.3 -1.3 -2.2 - 0.1
ADR actual (JPY) 9,181 11,836 13,964 13,404 11,988 - 12,088
year-on-year (%) 7.2 7.9 19.2 18.1 14.8 - 14.0
RevPAR actual (JPY) 8,018 10,709 12,847 11,724 10,486 - 10,751
year-on-year (%) 7.3 8.6 23.6 16.4 12.0 - 14.2
Gross Revenue actual (JPY mn) 32 39 51 44 41 - 208
year-on-year (%) 7.2 12.4 25.5 15.4 13.1 - 15.3
    (Note 1) This property was acquired on June 27, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 84.0 90.3 90.0 90.6 91.0 - 89.2
year-on-year (points) 11.8 6.5 -0.1 -0.2 1.5 - 3.9
ADR actual (JPY) 13,077 16,161 23,169 22,648 19,225 - 18,950
year-on-year (%) 25.8 39.8 53.1 31.8 29.4 - 35.0
RevPAR actual (JPY) 10,988 14,596 20,852 20,529 17,488 - 16,897
year-on-year (%) 46.4 50.6 52.9 31.5 31.7 - 41.2
Gross Revenue actual (JPY mn) 122 149 225 216 192 - 906
year-on-year (%) 46.3 54.2 51.8 31.3 32.0 - 41.7
    (Note 1) This property was acquired on August 2, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 72.2 86.3 69.1 50.5 47.1 - 64.8
year-on-year (points) 14.1 2.2 -6.6 -9.4 -14.3 - -2.7
ADR actual (JPY) 9,644 16,359 9,790 9,204 12,444 - 11,728
year-on-year (%) 7.4 15.1 10.1 12.9 -0.3 - 9.9
RevPAR actual (JPY) 6,967 14,118 6,763 4,645 5,856 - 7,605
year-on-year (%) 33.4 18.2 0.5 -4.8 -23.5 - 5.5
Gross Revenue actual (JPY mn) 139 218 132 96 113 - 699
year-on-year (%) 29.8 19.3 -2.3 -3.3 -20.2 - 4.8
    (Note 1) This property was acquired on August 2, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 87.0 90.5 92.6 91.1 90.1 - 90.2
year-on-year (points) 0.1 1.2 0.7 -3.2 -0.4 - -0.3
ADR actual (JPY) 9,154 11,060 14,417 14,850 11,653 - 12,263
year-on-year (%) 33.1 46.4 33.3 56.7 18.2 - 36.7
RevPAR actual (JPY) 7,967 10,005 13,350 13,530 10,495 - 11,067
year-on-year (%) 33.3 48.5 34.3 51.5 17.7 - 36.3
Gross Revenue actual (JPY mn) 39 45 64 63 51 - 263
year-on-year (%) 37.0 55.5 37.2 53.1 21.1 - 39.8
    (Note 1) This property was acquired on August 2, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 54.8 71.4 83.8 86.3 86.5 - 76.6
year-on-year (points) -11.2 -1.1 0.7 11.6 20.3 - 4.1
ADR actual (JPY) 10,296 11,359 12,986 13,055 11,980 - 12,087
year-on-year (%) 15.8 4.6 4.4 6.7 -5.8 - 5.2
RevPAR actual (JPY) 5,646 8,106 10,884 11,262 10,359 - 9,253
year-on-year (%) -3.8 3.0 5.2 23.2 23.0 - 11.1
Gross Revenue actual (JPY mn) 19 26 37 37 35 - 156
year-on-year (%) -4.4 5.9 5.0 22.2 21.9 - 11.0
    (Note 1) This property was acquired on August 2, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 81.4 88.9 76.3 61.5 67.3 - 75.0
year-on-year (points) 17.2 1.1 -7.4 -9.7 -15.1 - -2.7
ADR actual (JPY) 11,459 20,874 10,746 9,620 12,005 - 13,244
year-on-year (%) 19.3 35.1 8.1 1.7 -1.5 - 15.8
RevPAR actual (JPY) 9,325 18,561 8,200 5,915 8,079 - 9,931
year-on-year (%) 51.3 36.8 -1.5 -12.1 -19.5 - 11.7
Gross Revenue actual (JPY mn) 110 187 101 74 97 - 571
year-on-year (%) 47.4 38.9 2.3 -5.8 -14.6 - 13.7
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 61.5 74.3 79.9 79.3 63.3 - 71.6
year-on-year (points) -4.5 -10.5 -11.8 -7.4 -12.5 - -9.3
ADR actual (JPY) 14,175 14,210 15,447 16,083 15,763 - 15,175
year-on-year (%) 6.8 2.2 -0.6 5.9 -13.0 - -0.5
RevPAR actual (JPY) 8,714 10,554 12,345 12,753 9,975 - 10,860
year-on-year (%) -0.5 -10.4 -13.4 -3.2 -27.4 - -12.0
Gross Revenue actual (JPY mn) 117 139 145 142 126 - 671
year-on-year (%) -1.3 2.3 -15.9 -6.0 -25.7 - -10.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 80.1 88.4 91.1 93.8 93.3 - 89.3
year-on-year (points) 6.1 10.5 7.4 8.5 9.7 - 8.4
ADR actual (JPY) 23,105 22,996 28,660 34,401 28,978 - 27,832
year-on-year (%) 27.0 43.7 25.3 23.2 15.2 - 24.7
RevPAR actual (JPY) 18,502 20,328 26,101 32,259 27,038 - 24,856
year-on-year (%) 37.5 63.0 36.4 35.5 28.5 - 37.7
Gross Revenue actual (JPY mn) 110 114 151 178 160 - 715
year-on-year (%) 31.9 59.0 32.2 32.8 28.7 - 35.1
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 73.6 85.5 63.1 54.5 71.0 - 69.4
year-on-year (points) 1.4 2.3 -10.3 -7.8 -7.3 - -4.3
ADR actual (JPY) 15,719 20,578 13,304 14,324 15,942 - 16,243
year-on-year (%) 10.4 22.5 2.5 13.6 -4.3 - 10.0
RevPAR actual (JPY) 11,574 17,597 8,399 7,809 11,321 - 11,281
year-on-year (%) 12.6 25.9 -11.8 -0.7 -13.2 - 3.5
Gross Revenue actual (JPY mn) 69 93 57 48 69 - 338
year-on-year (%) 9.6 26.7 -6.2 -3.3 -10.7 - 3.6
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 83.5 83.1 83.7 77.6 78.2 - 81.2
year-on-year (points) 23.6 11.9 2.0 -3.2 4.2 - 7.7
ADR actual (JPY) 8,858 10,834 11,534 12,369 11,460 - 10,979
year-on-year (%) 50.5 53.0 34.5 43.9 -5.4 - 27.8
RevPAR actual (JPY) 7,400 9,000 9,652 9,603 8,958 - 8,917
year-on-year (%) 109.7 78.7 37.8 38.3 -0.1 - 41.1
Gross Revenue actual (JPY mn) 49 55 64 62 60 - 293
year-on-year (%) 98.8 80.1 38.2 38.0 1.2 - 41.1
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 52.1 58.7 79.4 78.0 81.5 - 70.0
year-on-year (points) -9.0 -21.4 -8.1 -7.9 -3.0 - -9.8
ADR actual (JPY) 6,512 7,200 7,754 9,055 8,692 - 7,985
year-on-year (%) 5.0 -0.4 10.9 23.1 -0.3 - 8.4
RevPAR actual (JPY) 3,395 4,223 6,159 7,066 7,081 - 5,593
year-on-year (%) -10.5 -27.0 0.6 11.8 -3.9 - -4.8
Gross Revenue actual (JPY mn) 67 74 109 112 113 - 477
year-on-year (%) 15.8 -5.8 12.6 19.0 6.1 - 9.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.5 89.0 90.0 92.4 92.4 - 89.2
year-on-year (points) 1.3 0.3 -3.0 1.1 10.9 - 2.2
ADR actual (JPY) 8,188 9,075 9,118 10,502 8,271 - 9,039
year-on-year (%) 24.1 26.2 15.9 33.3 -0.1 - 19.3
RevPAR actual (JPY) 6,755 8,075 8,208 9,704 7,643 - 8,066
year-on-year (%) 26.1 26.7 12.2 34.9 13.3 - 22.3
Gross Revenue actual (JPY mn) 38 42 46 52 43 - 223
year-on-year (%) 24.6 29.1 11.9 32.7 12.5 - 21.8
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 71.1 87.6 65.6 59.9 69.4 - 70.6
year-on-year (points) -8.6 -0.3 -8.4 -5.5 -6.4 - -5.8
ADR actual (JPY) 15,501 20,867 13,396 14,105 17,316 - 16,504
year-on-year (%) 14.2 25.1 4.0 12.8 0.4 - 12.5
RevPAR actual (JPY) 11,016 18,282 8,784 8,444 12,021 - 11,644
year-on-year (%) 1.9 24.6 -7.8 3.3 -8.1 - 3.9
Gross Revenue actual (JPY mn) 45 65 40 37 54 - 243
year-on-year (%) 1.3 25.7 -3.7 4.0 -2.3 - 5.4
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 76.3 87.6 81.9 78.4 85.3 - 81.8
year-on-year (points) 3.1 1.4 -8.1 -2.3 -1.9 - -1.6
ADR actual (JPY) 5,875 7,647 6,993 6,319 7,847 - 6,968
year-on-year (%) -27.2 -21.3 -42.9 -31.5 -34.3 - -32.8
RevPAR actual (JPY) 4,481 6,696 5,726 4,954 6,691 - 5,701
year-on-year (%) -24.1 -20.0 -48.0 -33.4 -35.8 - -34.0
Gross Revenue actual (JPY mn) 40 51 52 42 57 - 243
year-on-year (%) -15.7 -10.9 -36.8 -25.2 -26.6 - -24.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 81.8 82.7 71.0 52.6 77.6 - 73.2
year-on-year (points) -0.7 -5.8 -7.9 -12.6 2.1 - -4.9
ADR actual (JPY) 8,410 12,669 7,279 7,835 10,407 - 9,456
year-on-year (%) 26.1 47.1 -7.4 22.0 -1.0 - 17.5
RevPAR actual (JPY) 6,883 10,483 5,167 4,119 8,078 - 6,918
year-on-year (%) 24.9 37.5 -16.7 -1.6 1.7 - 10.2
Gross Revenue actual (JPY mn) 175 184 150 132 165 - 808
year-on-year (%) 30.3 27.2 -3.2 9.7 5.3 - 13.4
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 64.6 74.6 76.9 71.3 75.4 - 72.6
year-on-year (points) 6.3 4.0 -0.4 5.7 4.2 - 4.0
ADR actual (JPY) 7,689 9,492 8,916 8,768 9,822 - 8,970
year-on-year (%) -6.0 5.1 -4.6 9.0 -3.2 - -0.4
RevPAR actual (JPY) 4,968 7,083 6,860 6,251 7,407 - 6,508
year-on-year (%) 4.1 11.1 -5.0 18.4 2.5 - 5.4
Gross Revenue actual (JPY mn) 54 65 67 59 72 - 319
year-on-year (%) 20.9 22.0 1.6 18.1 14.0 - 14.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 67.8 88.4 66.7 38.6 51.1 - 62.3
year-on-year (points) 29.0 18.2 7.5 -9.6 -14.6 - 6.1
ADR actual (JPY) 6,818 12,472 6,742 6,335 8,048 - 8,478
year-on-year (%) 13.9 22.0 0.0 -1.9 -1.7 - 9.5
RevPAR actual (JPY) 4,620 11,025 4,496 2,445 4,114 - 5,284
year-on-year (%) 99.2 53.6 12.6 -21.5 -23.5 - 21.5
Gross Revenue actual (JPY mn) 17 35 16 8 15 - 93
year-on-year (%) 106.5 63.7 19.8 -18.0 -19.1 - 27.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 56.9 78.3 49.3 32.2 39.8 - 51.1
year-on-year (points) 35.1 15.3 2.9 -6.0 -16.9 - 6.2
ADR actual (JPY) 9,324 16,638 8,645 8,683 10,148 - 11,381
year-on-year (%) -4.7 36.0 -6.1 10.4 1.9 - 13.6
RevPAR actual (JPY) 5,309 13,035 4,261 2,797 4,043 - 5,815
year-on-year (%) 149.0 69.1 -0.3 -6.9 -28.4 - 29.2
Gross Revenue actual (JPY mn) 14 33 11 7 11 - 78
year-on-year (%) 135.8 75.9 -0.9 -8.8 -27.9 - 29.3
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 53.9 69.8 31.4 24.8 53.0 - 46.4
year-on-year (points) 14.3 4.4 -24.5 -20.9 -8.4 - -7.0
ADR actual (JPY) 5,618 11,849 6,243 6,109 6,957 - 7,856
year-on-year (%) 9.9 52.6 15.0 4.2 -7.1 - 21.4
RevPAR actual (JPY) 3,028 8,274 1,959 1,512 3,689 - 3,646
year-on-year (%) 49.7 62.9 -35.4 -43.5 -19.8 - 5.5
Gross Revenue actual (JPY mn) 7 19 5 3 9 - 45
year-on-year (%) 50.5 67.8 -33.3 -43.5 -20.9 - 6.2
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 82.3 92.1 96.3 96.4 91.8 - 91.7
year-on-year (points) -5.3 -2.5 1.8 -1.5 -4.0 - -2.3
ADR actual (JPY) 6,141 7,129 7,738 7,728 8,224 - 7,427
year-on-year (%) 11.5 25.1 14.5 16.7 23.4 - 18.4
RevPAR actual (JPY) 5,051 6,564 7,449 7,452 7,553 - 6,813
year-on-year (%) 4.8 21.7 16.8 14.9 18.3 - 15.5
Gross Revenue actual (JPY mn) 11 13 16 15 17 - 74
year-on-year (%) 4.5 25.9 16.6 14.0 19.7 - 16.3
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 55.3 67.8 72.3 74.8 68.9 - 67.8
year-on-year (points) 5.4 5.9 9.7 10.6 2.8 - 6.9
ADR actual (JPY) 4,301 4,816 5,105 5,492 5,637 - 5,111
year-on-year (%) 30.4 35.6 31.5 26.0 26.0 - 29.3
RevPAR actual (JPY) 2,376 3,266 3,693 4,111 3,882 - 3,464
year-on-year (%) 44.5 48.6 51.9 46.8 31.4 - 43.9
Gross Revenue actual (JPY mn) 12 15 18 20 19 - 85
year-on-year (%) 45.6 53.7 51.4 42.7 31.2 - 43.8
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 90.5 95.8 92.8 89.4 94.1 - 92.5
year-on-year (points) 2.4 3.2 -3.3 -5.1 0.5 - -0.5
ADR actual (JPY) 5,394 6,922 6,485 5,983 7,279 - 6,423
year-on-year (%) -29.5 -26.1 -41.7 -29.9 -32.4 - -32.6
RevPAR actual (JPY) 4,882 6,634 6,018 5,349 6,848 - 5,941
year-on-year (%) -27.5 -23.6 -43.8 -33.7 -32.0 - -33.0
Gross Revenue actual (JPY mn) 12 14 14 12 16 - 70
year-on-year (%) -27.0 -20.2 -42.5 -32.1 -31.2 - -31.5
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 74.3 90.3 71.3 56.2 70.0 - 72.3
year-on-year (points) 0.6 1.4 -9.3 -11.1 -5.0 - -4.7
ADR actual (JPY) 8,818 8,788 8,520 8,172 8,469 - 8,583
year-on-year (%) 5.0 5.2 5.9 9.5 7.8 - 6.7
RevPAR actual (JPY) 6,555 7,939 6,078 4,596 5,928 - 6,207
year-on-year (%) 5.8 6.8 -6.3 -8.6 0.6 - 0.3
Gross Revenue actual (JPY mn) 15 17 14 10 13 - 71
year-on-year (%) 6.3 12.9 -5.9 -6.9 0.5 - 1.9
    (Note 1) This property was acquired on July 19, 2019.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 65.6 70.7 71.1 75.3 68.0 - 70.1
year-on-year (points) -3.5 -4.2 -7.6 -3.4 -2.8 - -4.3
ADR actual (JPY) 9,306 9,347 9,375 9,560 9,672 - 9,454
year-on-year (%) 4.3 5.0 -2.1 4.4 4.5 - 3.0
RevPAR actual (JPY) 6,107 6,611 6,668 7,197 6,578 - 6,628
year-on-year (%) -1.0 -0.8 -11.5 -0.1 0.3 - -2.9
Gross Revenue actual (JPY mn) 202 187 210 223 206 - 1,029
year-on-year (%) 5.2 2.4 -7.7 -1.3 -2.7 - -1.1
    (Note 1) This property was acquired on January 6, 2020.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 81.5 79.3 85.7 85.2 76.8 - 81.7
year-on-year (points) 3.2 -0.1 0.4 1.9 -6.7 - -0.3
ADR actual (JPY) 7,129 7,882 7,290 9,790 10,132 - 8,426
year-on-year (%) 8.7 6.9 -6.5 3.9 -9.9 - -1.2
RevPAR actual (JPY) 5,813 6,251 6,247 8,341 7,783 - 6,886
year-on-year (%) 13.2 6.9 -6.1 6.3 -17.1 - -1.5
Gross Revenue actual (JPY mn) 87 88 104 106 108 - 496
year-on-year (%) 23.0 17.0 11.1 7.3 -1.3 - 10.1
    (Note 1) This property was acquired on January 6, 2020.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 43.6 57.5 75.8 78.1 74.0 - 65.8
year-on-year (points) -14.8 -18.4 -11.4 -7.5 -2.9 - -10.9
ADR actual (JPY) 29,752 23,163 34,113 35,247 35,636 - 32,312
year-on-year (%) 13.4 3.2 -8.4 1.3 -15.5 - -2.9
RevPAR actual (JPY) 12,966 13,330 25,866 27,513 26,359 - 21,269
year-on-year (%) -15.3 -21.8 -20.4 -7.6 -18.7 - -16.8
Gross Revenue actual (JPY mn) 259 259 503 526 517 - 2,066
year-on-year (%) -16.3 -20.4 -18.1 -5.6 -12.6 - -13.9
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 65.1 77.0 81.8 81.3 87.3 - 78.5
year-on-year (points) 11.3 4.3 2.3 11.3 10.2 - 7.9
ADR actual (JPY) 24,052 20,429 22,918 21,680 24,074 - 22,653
year-on-year (%) -12.8 3.8 -3.0 5.7 -2.9 - -2.1
RevPAR actual (JPY) 15,663 15,731 18,737 17,624 21,007 - 17,780
year-on-year (%) 5.5 10.0 -0.2 22.7 9.9 - 8.8
Gross Revenue actual (JPY mn) 156 154 193 173 205 - 882
year-on-year (%) 16.3 17.2 6.5 24.1 13.4 - 14.9
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 85.0 91.2 94.3 91.4 86.5 - 89.6
year-on-year (points) 17.5 5.2 0.1 3.1 2.3 - 5.7
ADR actual (JPY) 5,989 6,836 7,580 7,570 8,056 - 7,220
year-on-year (%) 4.4 4.1 1.5 7.7 -10.3 - -0.1
RevPAR actual (JPY) 5,088 6,236 7,145 6,918 6,967 - 6,471
year-on-year (%) 31.5 10.4 1.6 11.5 -7.8 - 6.6
Gross Revenue actual (JPY mn) 27 30 38 36 37 - 170
year-on-year (%) 47.5 25.9 15.3 22.6 -6.0 - 16.9
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 73.2 79.6 74.2 76.1 73.8 - 75.3
year-on-year (points) 14.5 1.4 -7.1 -9.4 -7.1 - -1.5
ADR actual (JPY) 7,277 8,167 6,836 15,961 10,002 - 9,645
year-on-year (%) 11.5 25.8 -3.1 36.3 -2.8 - 12.2
RevPAR actual (JPY) 5,328 6,499 5,072 12,152 7,377 - 7,264
year-on-year (%) 39.0 28.1 -11.5 21.2 -11.4 - 10.0
Gross Revenue actual (JPY mn) 26 28 25 52 34 - 166
year-on-year (%) 41.9 31.7 -4.5 21.0 -9.6 - 12.7
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 84.9 92.1 93.8 92.0 91.8 - 90.9
year-on-year (points) -0.4 4.3 0.8 3.6 2.6 - 2.1
ADR actual (JPY) 7,012 8,402 9,831 9,762 11,256 - 9,298
year-on-year (%) -7.2 -3.3 -2.8 16.7 2.1 - 1.2
RevPAR actual (JPY) 5,950 7,742 9,219 8,983 10,335 - 8,452
year-on-year (%) -7.6 1.4 -2.0 21.5 5.0 - 3.6
Gross Revenue actual (JPY mn) 26 31 39 38 44 - 181
year-on-year (%) -6.3 7.0 -1.0 20.1 10.0 - 6.0
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 66.2 68.8 47.3 68.4 62.6 - 62.5
year-on-year (points) 7.6 10.7 -15.5 2.0 -2.0 - 0.4
ADR actual (JPY) 13,789 11,892 12,559 14,471 14,882 - 13,571
year-on-year (%) -3.4 -10.5 -1.2 -9.9 -14.9 - -8.6
RevPAR actual (JPY) 9,129 8,175 5,945 9,895 9,319 - 8,488
year-on-year (%) 9.1 6.0 -25.6 -7.3 -17.6 - -8.0
Gross Revenue actual (JPY mn) 47 40 34 47 47 - 217
year-on-year (%) 16.0 15.9 -21.8 -2.2 -8.9 - -1.4
    (Note 1) This property was acquired on August 1, 2023.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 80.5 81.5 89.9 82.2 74.5 - 81.7
year-on-year (points) 1.1 -3.0 4.2 1.0 -1.9 - 0.3
ADR actual (USD) 732 722 784 696 521 - 695
year-on-year (%) 11.5 0.9 6.3 12.5 7.7 - 7.9
RevPAR actual (USD) 589 588 705 572 388 - 568
year-on-year (%) 13.0 -2.6 11.4 13.8 5.0 - 8.3
Gross Revenue actual (USD'000) 11,316 10,310 13,766 10,959 7,901 - 54,254
year-on-year (%) 21.2 3.9 17.0 13.6 -0.5 - 11.6
    (Note 1) This property was acquired on Septemer 28, 2018.
2024/01 2024/02 2024/03 2024/04 2024/05 2024/06 2024/01～06
Occupancy Rate actual (%) 81.6 88.8 89.2 74.5 66.4 - 80.0
year-on-year (points) 15.5 2.8 2.3 6.6 7.2 - 7.0
ADR actual (USD) 334 314 340 285 217 - 302
year-on-year (%) 8.7 -0.1 8.4 -3.5 -6.6 - 2.2
RevPAR actual (USD) 272 279 303 213 144 - 242
year-on-year (%) 34.3 3.2 11.2 5.8 4.7 - 12.1
Gross Revenue actual (USD'000) 1,502 1,456 1,751 1,174 868 - 6,753
year-on-year (%) 27.0 7.5 12.1 2.2 3.2 - 10.9
    (Note 1) This property was acquired on Septemer 28, 2018.

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