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Here is an update on the main projects of the Wellness segment.
The Tokyu Stay urban hotels, which maintain high occupancy rates, continued to open and the number of rooms increased to 3,687 in 24 facilities at the end of March 2019.
For the fiscal year ending March 31, 2020, we expect that the number will increase to 4,310 rooms at 27 facilities after new facilities open in Kanazawa, Naha and Osaka in February. In the final year of the Medium-Term Management Plan, the number of rooms is expected to reach 4,700, surpassing the initial goal of 4,400 rooms.
In addition, the segment will move forward with initiatives for other types of assets such as the Grancreer Shibaura and Grancreer Tachikawa senior housing facilities, which are scheduled to commence operation in stages in 2020.
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