Star Asia Investment reports strong hotel performance in March 2026

TOKYO, Apr 24 (Pulse News Wire) – Star Asia Investment Corporation (3468.T) reported robust operations for its hotels with variable rent structures in March 2026. Visitor numbers surged, particularly from Europe, America, Australia, and East Asia, despite declines in China and the Middle East.

The portfolio benefited from events, domestic tourism, business travel, and inbound visitors, especially in areas like Hokkaido, Sendai, Nagoya, and Fukuoka. In Tokyo, Polaris Holdings (4374.T) managed revenues through dynamic pricing strategies, maintaining occupancy rates and average daily rates (ADRs). For the month, the overall portfolio showed stable growth. Among the 15 comparable hotels, the average ADR was ¥15,332, up 1.4%, while revenue per available room (RevPAR) increased by 1.7%.

Notable performances included HTL-17 in Tsukiji Ginza with an ADR of ¥38,319 and HTL-19 in Asakusa Daiba with an ADR of ¥45,025. Detailed figures for March operations and cumulative results for the fiscal quarter ending July 2026 are disclosed separately. Further data and explanations are available on the company's YouTube channel and website. Investors should review the January 2026 interim report for forward-looking guidance.