MIRAI (TYO:3476) five Smile Hotels achieved an average occupancy rate of 90%, and an average daily rate of 8,797 yen in March, according to a filing on the Tokyo Stock Exchange last Friday.
Revenue per available room was 7,950 yen, while total sales for these properties reached 190 million yen during the month under review.
Smile Hotel Hakataeki-Mae recorded the strongest occupancy rate at 98% and sales of 42 million yen, while Smile Hotel Kyoto
Karasumagojo had an 84% occupancy rate and sales of 31 million yen.
Price (JPY): $41100.00, Change: $+250, Percent Change: +0.61%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.