Hotel Performance

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Domestic Hotels Total
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
# of Properties (Note2) actual - - - - - - - -
Occupancy Rate actual (%) 89.7 92.7 92.7 92.6 93.0 93.1 92.4
ADR actual (JPY) 6,803 7,621 8,707 9,638 8,772 7,415 8,229
RevPAR actual (JPY) 6,104 7,066 8,070 8,924 8,155 6,905 7,603
Gross Revenue actual (JPY mn) 497 655 858 914 858 713 4,497
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
# of Properties (Note2) actual - - - - - - - -
Occupancy Rate actual (%) 93.8 93.2 90.7 91.1 90.7 88.3 91.2
ADR actual (JPY) 8,332 8,715 8,694 9,044 9,680 8,736 8,878
RevPAR actual (JPY) 7,815 8,119 7,887 8,243 8,782 7,711 8,098
Gross Revenue actual (JPY mn) 1,005 1,197 1,167 1,268 1,289 1,174 7,102
  1. ADR and RevPAR are rounded to the nearest yen and Gross Revenue is rounded down to the indicated unit. Percentages are rounded to one decimal place.This applies hereinafter.
  2. D21 APA Hotel Yokohama-Kannai, D22 Hotel Nets Hakodate and D23 Flexstay Inn Shirogane were acquired on February 6, 2015 and therefore the figures for Occupancy (%), ADR (JPY), RevPAR (JPY) and Gross Revenue (JPY mn) in February, 2015 are the results of 23 days of operation from February 6, 2015 to February 28, 2015 (actual). From D24 Hotel MyStays Haneda to D34 Flexstay Inn Kawasaki-Ogawacho were acquired on July 16, 2015 and therefore the figures for Occupancy (%), ADR (JPY), RevPAR (JPY) and Gross Revenue (JPY mn) in July, 2015 are the results of 16 days of operation from July 16, 2015 to July 31, 2015 (actual). From D35 Flexstay Inn Ekoda, D36 Super Hotel Tokyo-JR Tachikawa Kitaguchi and D37 Super Hotel JR Ueno-iriyaguchi were acquired on August 28, 2015 and therefore the figures for Occupancy (%), ADR (JPY), RevPAR (JPY) and Gross Revenue (JPY mn) in August, 2015 are the results of 4 days of operation from August 28, 2015 to August 31, 2015 (actual).
  3. Based on 33 hotel properties; of the 37 hotel properties in our portfolio as of December 31, 2015, the following 4 hotels with fixed-rent lease agreement are excluded: D29 Super Hotel Shinbashi/ Karasumoriguchi, D33 Comfort Hotel Toyama, D36 Super Hotel Tokyo-JR Tachikawa Kitaguchi, and D37 Super Hotel JR Ueno-iriyaguchi.

Individual Hotels

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2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 92.9 96.3 95.1 93.2 95.5 95.9 94.8
year-on-year (points) - - - - - 1.3 -
ADR actual (JPY) 7,055 8,176 8,941 11,436 8,943 7,952 8,745
year-on-year (%) - - - - - 18.2 -
RevPAR actual (JPY) 6,551 7,872 8,506 10,655 8,543 7,626 8,290
year-on-year (%) - - - - - 19.9 -
Gross Revenue actual (JPY mn) 25 28 33 40 33 28 190
year-on-year (%) - - - - - 17.7 -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 95.6 92.1 92.7 95.0 95.2 94.6 94.2
year-on-year (points) 1.9 0.3 ▲ 2.5 ▲ 1.2 2.8 4.4 -
ADR actual (JPY) 9,051 8,523 8,914 9,340 9,854 8,949 9,106
year-on-year (%) 22.6 13.3 22.2 11.4 0.6 5.1 -
RevPAR actual (JPY) 8,654 7,849 8,265 8,876 9,379 8,465 8,579
year-on-year (%) 25.1 13.7 18.9 10.0 3.6 10.2 -
Gross Revenue actual (JPY mn) 34 30 31 34 35 33 199
year-on-year (%) 23.5 12.6 18.1 9.6 3.2 9.8 -
    (Note 1) This property was acquired as of May 23, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 92.7 94.3 94.6 95.2 95.6 95.9 94.7
year-on-year (points) - - - - - 2.7 -
ADR actual (JPY) 5,956 7,155 8,176 10,461 7,813 6,765 7,728
year-on-year (%) - - - - - 20.0 -
RevPAR actual (JPY) 5,523 6,744 7,731 9,957 7,473 6,487 7,319
year-on-year (%) - - - - - 23.5 -
Gross Revenue actual (JPY mn) 28 31 39 48 37 32 217
year-on-year (%) - - - - - 19.8 -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 96.0 96.7 95.3 93.1 94.6 92.5 94.7
year-on-year (points) 3.1 1.8 4.4 ▲ 1.1 0.0 3.2 -
ADR actual (JPY) 8,038 8,157 8,297 8,988 8,854 8,493 8,466
year-on-year (%) 30.4 25.4 32.6 33.0 22.4 26.5 -
RevPAR actual (JPY) 7,714 7,884 7,906 8,364 8,373 7,858 8,015
year-on-year (%) 34.7 27.7 39.0 31.5 22.4 28.1 -
Gross Revenue actual (JPY mn) 38 39 38 42 40 39 240
year-on-year (%) 30.0 24.6 35.0 28.1 20.7 26.0 -
    (Note 1) This property was acquired as of May 23, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 96.8 96.7 97.5 96.6 97.7 98.2 97.3
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,749 9,044 12,994 21,804 12,893 7,654 12,032
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 7,499 8,744 12,666 21,061 12,598 7,518 11,701
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 53 57 91 145 89 50 486
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 97.8 98.6 97.5 96.8 94.5 95.1 96.7
year-on-year (points) - 0.4 ▲ 1.4 ▲ 0.2 ▲ 0.4 ▲ 2.7 -
ADR actual (JPY) 10,626 10,600 11,666 15,839 26,067 12,832 14,497
year-on-year (%) - 19.9 42.9 24.2 8.0 25.4 -
RevPAR actual (JPY) 10,396 10,449 11,380 15,339 24,640 12,198 14,024
year-on-year (%) - 20.4 40.9 23.9 7.6 21.9 -
Gross Revenue actual (JPY mn) 75 74 78 109 169 84 592
year-on-year (%) - 15.8 40.3 22.1 7.2 20.9 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 94.3 96.5 91.8 95.1 94.2 93.9 94.3
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,242 8,165 12,591 9,095 9,613 7,760 9,081
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,830 7,882 11,553 8,651 9,055 7,290 8,561
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 39 44 71 59 56 47 319
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 94.5 91.1 93.2 93.8 93.1 95.1 93.5
year-on-year (points) - 4.8 4.2 0.6 1.6 4.5 -
ADR actual (JPY) 9,463 12,941 11,878 11,345 11,657 12,001 11,536
year-on-year (%) - ▲ 1.6 22.4 12.9 ▲ 1.0 3.1 -
RevPAR actual (JPY) 8,939 11,794 11,066 10,636 10,858 11,413 10,782
year-on-year (%) - 3.9 28.2 13.7 0.7 8.3 -
Gross Revenue actual (JPY mn) 57 68 62 66 66 68 390
year-on-year (%) - 1.1 26.3 13.3 3.1 8.7 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 90.6 98.3 95.1 94.6 94.8 97.3 95.1
year-on-year (points) - - - - - - -
ADR actual (JPY) 13,157 14,558 19,989 15,729 15,856 12,282 15,288
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 11,921 14,310 19,008 14,873 15,032 11,954 14,532
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 34 37 55 41 43 33 246
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 95.3 92.4 94.3 95.1 93.9 95.0 94.3
year-on-year (points) - 7.6 1.0 ▲ 1.0 ▲ 0.5 9.9 -
ADR actual (JPY) 16,333 21,224 18,410 19,366 19,050 19,641 18,996
year-on-year (%) - ▲ 3.9 24.6 21.7 8.1 9.6 -
RevPAR actual (JPY) 15,560 19,619 17,353 18,408 17,885 18,663 17,918
year-on-year (%) - 4.7 26.0 20.5 7.6 22.3 -
Gross Revenue actual (JPY mn) 45 56 48 53 49 53 307
year-on-year (%) - 2.5 27.3 19.6 5.8 22.2 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 83.0 90.9 95.4 95.0 90.3 93.5 91.3
year-on-year (points) - - - - - - -
ADR actual (JPY) 10,598 11,025 11,526 12,127 11,589 10,784 11,292
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 8,801 10,025 10,993 11,516 10,470 10,088 10,315
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 51 52 61 62 59 55 342
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 95.1 96.9 94.8 95.3 92.7 93.4 94.7
year-on-year (points) - 3.8 2.5 ▲ 0.0 ▲ 1.7 ▲ 0.7 -
ADR actual (JPY) 12,378 12,649 12,186 12,731 12,575 12,350 12,480
year-on-year (%) - 24.0 22.9 20.3 11.0 12.8 -
RevPAR actual (JPY) 11,775 12,255 11,558 12,137 11,654 11,533 11,821
year-on-year (%) - 29.2 26.2 20.2 9.0 12.0 -
Gross Revenue actual (JPY mn) 64 66 62 66 62 63 386
year-on-year (%) - 24.2 19.6 16.0 7.3 9.6 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 94.2 95.8 97.5 98.1 96.9 98.7 96.9
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,519 6,491 7,418 6,562 7,421 6,584 6,676
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,197 6,220 7,233 6,439 7,193 6,500 6,468
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 43 51 65 55 63 56 335
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 98.7 97.7 97.6 96.1 96.3 96.6 97.2
year-on-year (points) - 1.6 1.1 1.7 0.8 0.8 -
ADR actual (JPY) 6,984 7,110 8,228 8,279 9,108 7,657 7,881
year-on-year (%) - 20.9 39.3 28.3 8.1 5.0 -
RevPAR actual (JPY) 6,892 6,943 8,030 7,958 8,775 7,394 7,658
year-on-year (%) - 23.0 40.9 30.6 9.0 5.9 -
Gross Revenue actual (JPY mn) 60 62 67 70 73 66 400
year-on-year (%) - 13.0 40.2 28.9 7.8 3.2 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 93.3 94.6 96.8 95.7 95.0 96.3 95.3
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,223 7,535 9,162 10,336 9,165 8,071 8,432
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,808 7,131 8,868 9,896 8,703 7,774 8,036
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 34 38 52 57 51 44 280
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 96.0 94.4 92.4 92.4 89.2 90.3 92.5
year-on-year (points) - 7.5 8.6 6.0 1.7 3.9 -
ADR actual (JPY) 10,719 12,276 11,691 12,065 12,587 11,461 11,788
year-on-year (%) - 87.2 80.5 72.9 58.8 55.7 -
RevPAR actual (JPY) 10,286 11,591 10,799 11,143 11,227 10,352 10,898
year-on-year (%) - 103.3 99.0 84.9 61.9 62.8 -
Gross Revenue actual (JPY mn) 61 69 62 66 64 61 386
year-on-year (%) - 97.9 95.9 82.4 58.4 62.4 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 82.3 92.6 92.3 84.6 85.7 84.7 87.0
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,533 6,974 7,477 7,949 8,815 7,572 7,558
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,375 6,459 6,898 6,724 7,558 6,413 6,573
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 33 35 44 40 45 38 237
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 86.9 91.0 83.0 88.0 87.9 84.3 86.9
year-on-year (points) - ▲ 4.8 ▲ 9.4 ▲ 2.7 ▲ 3.8 2.5 -
ADR actual (JPY) 8,231 9,228 9,052 8,512 8,546 8,562 8,689
year-on-year (%) - 21.8 34.1 21.5 6.5 13.8 -
RevPAR actual (JPY) 7,156 8,401 7,517 7,487 7,510 7,217 7,548
year-on-year (%) - 15.8 20.5 17.8 2.1 17.3 -
Gross Revenue actual (JPY mn) 44 51 44 46 44 43 275
year-on-year (%) - 6.1 25.5 21.0 ▲ 0.4 16.2 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 94.2 92.7 89.7 93.2 93.2 92.8 92.6
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,515 8,192 9,771 11,446 8,986 7,644 8,750
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,140 7,591 8,765 10,666 8,372 7,091 8,104
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 17 19 25 29 24 19 137
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 92.7 94.2 93.8 92.1 95.7 94.8 93.9
year-on-year (points) - ▲ 0.8 3.7 ▲ 5.5 1.3 2.3 -
ADR actual (JPY) 8,633 8,598 8,360 9,516 9,268 8,569 8,823
year-on-year (%) - 18.2 23.4 26.5 9.4 9.6 -
RevPAR actual (JPY) 8,001 8,103 7,839 8,761 8,870 8,126 8,282
year-on-year (%) - 17.2 28.5 19.3 10.9 12.3 -
Gross Revenue actual (JPY mn) 23 23 21 25 24 23 142
year-on-year (%) - 16.7 27.5 18.3 10.4 11.7 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 86.9 93.5 95.3 96.3 94.9 95.7 93.7
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,104 6,148 6,314 5,727 7,950 6,470 6,306
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 4,435 5,746 6,016 5,513 7,544 6,195 5,912
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 23 29 33 29 41 33 191
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 96.1 95.0 95.0 91.3 90.4 92.0 93.3
year-on-year (points) - 11.6 14.4 4.8 2.6 3.9 -
ADR actual (JPY) 7,241 6,965 8,054 8,175 9,020 8,000 7,890
year-on-year (%) - 33.2 41.5 34.6 19.9 36.9 -
RevPAR actual (JPY) 6,959 6,614 7,650 7,460 8,156 7,357 7,360
year-on-year (%) - 51.8 66.8 42.0 23.5 42.9 -
Gross Revenue actual (JPY mn) 38 36 41 41 43 40 242
year-on-year (%) - 48.4 63.9 42.4 22.0 40.4 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 93.3 96.4 96.7 96.3 98.1 97.7 96.4
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,759 9,001 8,763 10,769 9,324 8,512 9,021
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 7,237 8,674 8,476 10,374 9,151 8,314 8,698
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 14 15 16 19 17 15 99
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 97.3 96.4 93.7 92.9 92.4 90.4 93.9
year-on-year (points) - 0.5 ▲ 2.0 ▲ 5.4 ▲ 5.5 ▲ 2.5 -
ADR actual (JPY) 9,401 9,389 9,700 10,683 10,776 9,960 9,973
year-on-year (%) - 11.5 16.9 21.4 30.8 10.3 -
RevPAR actual (JPY) 9,149 9,050 9,087 9,924 9,960 9,002 9,360
year-on-year (%) - 12.1 14.5 14.7 23.4 7.4 -
Gross Revenue actual (JPY mn) 17 17 17 19 18 17 108
year-on-year (%) - 7.8 13.3 13.9 21.0 6.7 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 91.5 91.0 88.4 91.5 90.9 94.3 91.3
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,714 8,654 9,850 11,917 9,423 7,724 9,033
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,146 7,873 8,711 10,902 8,570 7,280 8,244
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 13 15 19 23 19 15 108
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 94.7 96.4 93.6 92.5 92.9 92.7 93.8
year-on-year (points) - 3.4 1.0 ▲ 4.1 1.2 1.7 -
ADR actual (JPY) 8,952 8,522 8,547 9,920 9,426 9,196 9,090
year-on-year (%) - 16.8 30.1 25.9 3.9 18.8 -
RevPAR actual (JPY) 8,474 8,213 8,001 9,178 8,759 8,529 8,527
year-on-year (%) - 21.0 31.5 20.6 5.2 21.0 -
Gross Revenue actual (JPY mn) 19 18 17 20 19 19 113
year-on-year (%) - 21.0 31.2 20.4 5.2 20.8 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 89.7 98.1 97.9 98.7 95.9 98.2 96.4
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,919 9,216 9,420 9,944 9,974 8,837 9,234
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 7,101 9,037 9,221 9,817 9,565 8,682 8,898
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 12 14 15 16 16 14 89
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 98.2 98.0 96.9 95.0 95.4 90.6 95.7
year-on-year (points) - ▲ 0.5 ▲ 1.3 ▲ 1.2 ▲ 1.0 ▲ 0.1 -
ADR actual (JPY) 9,587 9,260 9,660 10,790 10,882 10,044 10,027
year-on-year (%) - 17.3 20.9 30.3 28.6 21.8 -
RevPAR actual (JPY) 9,418 9,075 9,362 10,252 10,381 9,095 9,594
year-on-year (%) - 16.7 19.3 28.7 27.3 21.8 -
Gross Revenue actual (JPY mn) 16 15 15 17 17 15 98
year-on-year (%) - 16.9 19.0 28.1 28.2 21.6 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 81.3 87.2 81.9 92.8 90.0 88.8 87.0
year-on-year (points) - - - - - - -
ADR actual (JPY) 4,498 4,905 5,228 4,736 4,801 4,579 4,788
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 3,656 4,276 4,283 4,393 4,324 4,068 4,164
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 15 16 18 18 18 17 105
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 90.1 89.7 85.0 84.4 86.1 80.5 86.0
year-on-year (points) - 1.9 12.8 8.7 6.6 0.4 -
ADR actual (JPY) 4,940 5,112 5,196 5,340 5,319 5,203 5,181
year-on-year (%) - 8.5 11.7 4.5 3.5 11.4 -
RevPAR actual (JPY) 4,453 4,584 4,419 4,508 4,581 4,191 4,456
year-on-year (%) - 10.8 31.6 16.6 12.0 11.9 -
Gross Revenue actual (JPY mn) 19 19 18 19 18 18 113
year-on-year (%) - 10.7 29.3 17.0 12.5 11.7 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 81.9 88.2 88.2 92.1 85.7 84.0 86.6
year-on-year (points) - - - - - - -
ADR actual (JPY) 4,848 5,100 4,914 5,683 5,893 5,231 5,285
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 3,969 4,496 4,335 5,231 5,052 4,393 4,578
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 13 14 15 17 17 14 93
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 87.3 84.3 80.8 83.9 79.5 75.0 81.8
year-on-year (points) - ▲ 4.3 ▲ 5.6 ▲ 3.6 ▲ 7.8 ▲ 9.2 -
ADR actual (JPY) 5,080 5,587 6,040 5,875 5,957 6,225 5,776
year-on-year (%) - 19.9 25.9 22.9 23.9 29.5 -
RevPAR actual (JPY) 4,437 4,709 4,883 4,929 4,735 4,669 4,726
year-on-year (%) - 14.0 17.7 17.9 12.8 15.4 -
Gross Revenue actual (JPY mn) 15 16 16 16 15 15 96
year-on-year (%) - 11.2 15.2 15.0 10.0 12.7 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 89.1 91.9 96.0 97.8 95.4 96.0 94.4
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,063 7,155 7,747 7,050 7,170 7,035 7,207
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,296 6,574 7,440 6,894 6,842 6,751 6,803
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 22 21 26 23 24 23 140
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 97.7 96.3 95.6 96.7 92.4 92.6 95.2
year-on-year (points) - 4.5 10.2 6.5 ▲ 0.8 2.6 -
ADR actual (JPY) 8,369 10,636 9,562 9,893 11,469 11,871 10,275
year-on-year (%) - 43.4 41.4 41.3 64.1 69.3 -
RevPAR actual (JPY) 8,172 10,247 9,139 9,562 10,600 10,990 9,784
year-on-year (%) - 50.4 58.3 51.6 62.7 74.2 -
Gross Revenue actual (JPY mn) 28 35 30 33 35 37 201
year-on-year (%) - 47.7 54.3 47.1 57.8 68.8 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 87.7 93.0 93.4 96.4 93.5 92.4 92.7
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,877 6,209 6,878 7,422 6,918 6,264 6,611
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,153 5,773 6,422 7,152 6,468 5,790 6,128
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 10 10 12 13 12 10 69
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 90.6 93.0 90.8 90.1 86.8 80.5 88.6
year-on-year (points) - 1.3 5.0 ▲ 0.9 ▲ 3.3 ▲ 4.3 -
ADR actual (JPY) 7,440 7,511 7,417 8,052 8,278 7,954 7,766
year-on-year (%) - 31.0 29.0 26.9 23.1 18.2 -
RevPAR actual (JPY) 6,738 6,982 6,734 7,259 7,184 6,405 6,883
year-on-year (%) - 32.9 36.5 25.7 18.6 12.1 -
Gross Revenue actual (JPY mn) 12 13 12 13 12 12 76
year-on-year (%) - 22.7 29.1 21.0 14.7 8.3 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 71.5 94.9 91.6 96.8 90.3 87.2 88.6
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,594 5,932 6,116 6,393 6,434 5,820 6,071
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 3,997 5,628 5,600 6,185 5,811 5,074 5,376
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 4 6 6 7 7 6 39
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 93.5 91.7 88.9 93.6 93.3 87.4 91.4
year-on-year (points) - ▲ 6.0 ▲ 6.7 6.5 9.1 13.8 -
ADR actual (JPY) 5,862 6,226 6,264 6,450 6,543 6,194 6,256
year-on-year (%) - 27.4 27.4 9.0 ▲ 2.4 ▲ 0.4 -
RevPAR actual (JPY) 5,483 5,711 5,568 6,039 6,107 5,415 5,719
year-on-year (%) - 19.7 18.5 17.1 8.1 18.3 -
Gross Revenue actual (JPY mn) 6 7 6 7 7 6 42
year-on-year (%) - 16.1 15.6 17.9 8.4 16.9 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) 76.4 92.9 90.9 98.3 95.7 91.4 90.9
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,177 5,712 5,794 5,569 5,353 5,587 5,538
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 3,955 5,304 5,267 5,476 5,125 5,105 5,032
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 2 3 3 3 3 3 20
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 92.1 97.7 97.1 97.2 93.2 87.1 94.0
year-on-year (points) - 2.6 0.0 1.8 3.8 9.2 -
ADR actual (JPY) 5,905 5,258 5,331 5,431 6,486 6,084 5,734
year-on-year (%) - 7.3 10.6 3.9 6.8 5.7 -
RevPAR actual (JPY) 5,438 5,135 5,177 5,280 6,044 5,299 5,393
year-on-year (%) - 10.3 10.6 5.8 11.3 18.3 -
Gross Revenue actual (JPY mn) 3 3 3 3 4 3 22
year-on-year (%) - 10.5 9.0 4.1 10.1 16.5 -
    (Note 1) This property was acquired as of July 17, 2014.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - 95.3 97.1 92.7 92.8 90.4 93.6
year-on-year (points) - - - - - - -
ADR actual (JPY) - 7,580 7,404 9,025 8,600 7,519 8,041
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - 7,221 7,189 8,366 7,981 6,797 7,526
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - 77 104 113 115 95 507
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 92.5 94.9 91.1 92.5 96.3 95.9 93.9
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,407 8,681 8,422 7,407 7,978 7,936 7,971
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,851 8,238 7,672 6,851 7,683 7,611 7,484
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 99 119 107 99 108 110 645
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of Februay 6, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - 69.6 69.5 66.8 84.8 87.4 75.9
year-on-year (points) - - - - - - -
ADR actual (JPY) - 5,640 5,702 6,136 7,292 6,615 6,369
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - 3,927 3,960 4,098 6,187 5,784 4,837
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - 22 28 28 43 39 163
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 87.7 91.8 91.4 89.2 81.0 77.7 86.5
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,931 8,787 8,080 7,034 5,996 5,959 7,360
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,957 8,064 7,385 6,276 4,854 4,630 6,364
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 48 55 48 43 33 32 261
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of Februay 6, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - 90.8 89.3 93.2 92.8 90.6 91.4
year-on-year (points) - - - - - - -
ADR actual (JPY) - 6,619 7,038 7,181 6,739 6,292 6,784
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - 6,013 6,284 6,691 6,255 5,700 6,198
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - 12 17 17 17 15 78
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 92.5 88.4 82.9 91.2 87.0 83.1 87.6
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,528 6,526 7,210 7,210 7,230 6,782 6,907
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,039 5,769 5,977 6,576 6,292 5,639 6,048
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 16 15 15 17 16 15 97
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of Februay 6, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 97.7 96.3 93.8 94.9 96.5 95.0 95.5
year-on-year (points) - - - - - - -
ADR actual (JPY) 11,263 10,462 11,509 12,164 12,013 11,383 11,478
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 11,008 10,078 10,794 11,539 11,587 10,815 10,964
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 33 58 56 64 62 58 333
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 92.6 90.0 82.8 83.2 86.2 78.4 84.9
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,033 6,071 6,519 6,939 6,755 6,509 6,498
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,588 5,462 5,395 5,775 5,822 5,100 5,517
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 25 47 45 50 49 44 263
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 93.8 95.4 94.9 92.8 95.1 94.5 94.4
year-on-year (points) - - - - - - -
ADR actual (JPY) 11,826 10,745 10,753 12,650 12,069 11,400 11,548
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 11,094 10,251 10,202 11,733 11,471 10,774 10,907
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 17 31 30 35 33 32 181
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 96.5 92.6 84.9 89.0 86.4 82.8 88.1
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,443 5,933 6,833 7,052 7,196 6,590 6,577
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,251 5,494 5,801 6,277 6,220 5,459 5,791
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 16 31 31 35 33 30 179
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 85.0 80.1 87.3 86.7 78.3 78.7 82.4
year-on-year (points) - - - - - - -
ADR actual (JPY) 7,594 7,639 7,046 6,822 7,056 6,351 7,059
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,454 6,119 6,153 5,913 5,527 4,995 5,817
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 15 35 29 29 26 25 163
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Total Revenues.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 88.8 87.5 85.9 83.5 84.9 76.8 84.2
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,098 5,924 5,450 6,114 6,199 6,405 6,020
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 5,414 5,185 4,682 5,106 5,262 4,916 5,067
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 8 14 12 14 13 13 76
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 95.7 96.0 92.4 94.0 93.4 95.9 94.5
year-on-year (points) - - - - - - -
ADR actual (JPY) 6,782 6,576 6,908 7,749 7,460 6,335 6,978
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 6,490 6,311 6,382 7,288 6,969 6,074 6,593
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 29 36 45 51 36 38 238
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 93.8 91.1 86.9 90.6 85.9 77.7 87.2
year-on-year (points) - - - - - - -
ADR actual (JPY) 5,141 5,151 5,186 5,304 5,579 5,629 5,339
year-on-year (%) - - - - - - -
RevPAR actual (JPY) 4,825 4,694 4,508 4,807 4,795 4,372 4,653
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 5 9 9 10 9 9 53
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Their leases have only fixed rent. Not disclosed, as operator's consent has not been obtained for disclosure regarding Occupancy, ADR, RevPAR and Total Revenues.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) 95.6 94.1 86.3 89.8 92.1 74.9 88.2
year-on-year (points) - - - - - - -
ADR actual (JPY) 4,508 4,508 4,661 5,054 5,017 4,995 4,807
year-on-year (%) - - - - 0.0 0.0 -
RevPAR actual (JPY) 4,308 4,241 4,025 4,536 4,620 3,740 4,238
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) 4 8 8 9 9 7 48
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of July 16, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.
2015/01 2015/02 2015/03 2015/04 2015/05 2015/06 2015/01~06
Occupancy Rate actual (%) - - - - - - -
year-on-year (points) - - - - - - -
ADR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - - - - - - -
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - - - - - - -
year-on-year (%) - - - - - - -
2015/07 2015/08 2015/09 2015/10 2015/11 2015/12 2015/07~12
Occupancy Rate actual (%) - 82.9 84.1 83.8 88.5 74.8 82.7
year-on-year (points) - - - - - - -
ADR actual (JPY) - 5,182 5,237 5,521 5,186 5,321 5,312
year-on-year (%) - - - - - - -
RevPAR actual (JPY) - 4,294 4,406 4,626 4,589 3,980 4,395
year-on-year (%) - - - - - - -
Gross Revenue actual (JPY mn) - 3 29 31 30 27 122
year-on-year (%) - - - - - - -
    (Note 1) This property was acquired as of August 28, 2015.
    (Note 2) Comparison for year-on-year is not made if the days of operation for the same period in the previous year are less than one month.