Polaris Holdings Co.,Ltd. [3010.T]
TOKYO, Apr 24 (Pulse News Wire) – Polaris Holdings CO.,LTD. (3010.T) reported a rise in its domestic hotel operations' RevPAR for March 2026 compared to the same period last year.
According to the data, the overall RevPAR increased by 6.9% yen per available room, while the inbound visitor ratio remained stable. Despite a decline in Chinese visitors due to travel advisories, the company saw growth from other regions, particularly Europe, which helped offset losses. In detail, the group's hotels across various regions showed positive trends. For instance, Hokkaido and Tohoku-North Kanto areas experienced double-digit increases in RevPAR.
Meanwhile, the Kansai region witnessed a slight decrease but still managed to surpass previous performance levels. Overall, the company noted that the impact on its consolidated earnings remains minor despite fluctuations in international travel patterns. Regarding geopolitical factors, the ongoing tensions in the Middle East had a limited effect on visitor numbers. While there was a drop in visitors from the Middle East, European arrivals continued to grow, mitigating potential negative impacts.
Polaris Holdings emphasized that it would closely monitor global travel trends and diversify its customer base to mitigate future risks.
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