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I will explain major projects for hotels and healthcare facilities from now on, as well as occupancy rate trends for Tokyu Stay.
The top row shows the hotel business.
Tokyu Stay, which operates urban hotels, opened Hakodate Asaichi Akari no Yu in April 2021, bringing the total to 4,697 rooms.
ROKU KYOTO, LXR Hotels & Resorts, the first Hilton luxury brand in Asia, is scheduled to open in September this year.
The bottom right shows the occupancy rate trend of Tokyu Stay.
In the past, the occupancy rate was around 90%, but after it dropped significantly in the previous fiscal year due to the impact of COVID-19 and is now gradually recovering after bottoming out in the first quarter of the previous fiscal year.
The occupancy rate as of the end of June was 56.2%.
In order to regain the original level, we are waiting for the recovery of inbound demand and other factors but would take some time for this. As a short-term measure, we will continue to focus on strengthening our ability to capture domestic demand, improving operational efficiency, and reforming our cost structure.
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