8963.T

TOKYO, Mar 25 (Pulse News Wire) – Invincible Investment Corporation (8963.T) reported its hotel portfolio performance for February 2026. Domestic hotels saw a room occupancy rate increase of 1.1 percentage points compared to the same month last year, while ADR decreased and RevPAR increased slightly.

Despite a decline in Chinese visitors due to deteriorating Sino-Japanese relations, demand from other international and domestic travelers remained robust. According to the Japan National Tourism Organization, February's inbound visitor count reached a record high of ¥3.46 million people, up 11.6%. In February, the two Cayman Island properties—Westin Grand Cayman Seven Mile Beach Resort & Spa and The Sunshine Hotel & Suites—recorded a combined occupancy rate of 72%, up 5.9 percentage points from the previous year. However, ongoing renovations at The Sunshine Hotel & Suites impacted performance.

For March, the company expects occupancy rates to rise further to 80%, with ADR reaching $790 and RevPAR increasing to $665. Domestically, the company’s 101 hotel assets showed mixed results. While occupancy rates improved, revenue per available room (RevPAR) was lower than expected. Sales figures for the month stood at ¥8.235 billion, with room sales contributing ¥5.515 billion and non-room sales adding ¥2.72 billion.

Regional breakdowns indicated strong performances across various areas, particularly in Tokyo and the Kansai region.

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