Hoshino Resorts REIT June Revenue Decline Amid External Challenges

TOKYO, Aug 05 (Pulse News Wire) – Hoshino Resorts Reit,inc. (3287.T) reported a decline in revenue for June 2026 compared to the same month last year.

The company's portfolio saw a decrease in room occupancy rates across several properties, with mixed performance driven by external factors such as weather conditions and travel restrictions from China. Specifically, the company noted a 2.0 percentage point drop in room occupancy rate at StarResort Un'Ei Bukken and a 10.5 percentage point increase at StarResort Igai Un'Ei Bukken. Average daily rates (ADR) showed varied trends, with increases at some properties and decreases at others. Notably, RevPAR declined at StarResort Igai Un'Ei Bukken despite higher ADR due to lower occupancy rates. In the Kansai region, domestic demand decreased due to pre-Osaka Expo effects and adverse weather conditions, impacting hotel performance negatively.

However, strong marketing efforts and promotional plans helped mitigate losses at properties like "," leading to improved RevPAR figures. Additionally, new experiential offerings at " " contributed positively to overall results. Looking ahead, the company remains vigilant about potential impacts from geopolitical tensions and energy price fluctuations on operational costs. Despite challenges, Hoshino Resorts Reit,inc. continues to optimize staffing during low-demand periods and control costs to enhance profitability.