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Earnings3468Star Asia Investment Corporation

Star Asia Investment reports May hotel performance, positive trends despite challenges

TOKYO, Jun 25 (Pulse News Wire) – Star Asia Investment Corporation (3468.T) reported strong performance across its hotel portfolio for May 2026, driven by flexible adaptation to various demand segment

– Star Asia Investment Corporation (3468.T) reported strong performance across its hotel portfolio for May 2026, driven by flexible adaptation to various demand segments such as events, domestic tourism, business travel, and inbound visitors. Notably, KOKO HOTEL Yokohama Tsukishima saw improved occupancy rates and revenue per available room (RevPAR) due to Polaris' operational expertise and marketing efforts, surpassing initial expectations.

However, rising fuel surcharges imposed by major airlines since June 2026 have impacted reservation patterns in some areas, with further increases expected in July. The company remains vigilant and plans to closely monitor future developments through enhanced collaboration with hotel operators. For May 2026, among 15 comparable hotels, average occupancy rate increased by 2 percentage points compared to the same month last year, while average daily rate (ADR) rose by 12%.

Total revenue for the month was up 28%, reflecting robust performance across multiple properties. Detailed figures for individual hotels are available upon request. Separately, the company's website provides comprehensive data and analysis, alongside YouTube channel updates for additional insights.

Financial forecasts for the fiscal year ending March 2026 were previously disclosed on March 18, 2026.

PDFOriginal disclosureTDnet filing · Japanese · 15:30 JSTView original ↗
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