Growth in Inbound Visitors and Resilience of Tokyo’s Business Hotel Market
First written in FY2019-Q1. 9 of 25 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026-H1.
Tosei moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Other".
- FY2026-H1High occupancy maintained alongside declining guests and geopolitical risksAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2026 was 80.0%, down 0.6 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 22.84 million, down 10.4% year on year. Despite the impact of the Chinese government’s request to refrain from traveling, the number of visitors to Japan from overseas during the same period was slightly above the previous year’s level, and inbound demand remained firm. Going forward, the cancellation of flights due to deteriorating conditions in the Middle East is expected to affect inbound demand, requiring close monitoring for the time being.」
While room occupancy remained at 80%, total guest-nights fell 10.4% year on year. Inbound demand remains firm despite the risk of flight cancellations stemming from China’s request to refrain from travel and deteriorating conditions in the Middle East. - FY2025High occupancy maintained, domestic guest numbers declining, and China travel risk emergingAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to September 2025 was 80.6%, down 1.2 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 78.98 million, down 3.1% year on year. Although the number of domestic travelers is declining as hotel room rates rise, the number of overseas guests supporting higher room rates is increasing at a faster pace than last year, which set a record high, and robust inbound demand continues to drive the hotel market. At the same time, the impact on inbound demand is expected from requests by Chinese authorities for people to refrain from traveling to Japan and other factors, requiring close monitoring for the time being.」
While room occupancy remained in the 80% range, domestic guest numbers declined as room rates rose, and a new potential impact on inbound demand was identified from Chinese authorities’ requests to refrain from traveling to Japan. - FY2025-H1High occupancy maintained, domestic lodging demand reaches a plateauAnnual report
「In Tokyo’s business hotel market, against a backdrop of continued strong inbound demand, the average room occupancy rate for January to March 2025 was 80.6%, down 0.3 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 25.48 million, down 3.1% year on year.」
While the average room occupancy rate remained in the 80% range, total guest-nights declined 3.1% year on year as domestic guest numbers reached a plateau amid rising room rates. Inbound demand continues to drive the market. - FY2024-Q2AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2024 was 80.9%, up 6.5 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 26.29 million, up 25.0% year on year.」
In Tokyo’s business hotel market, room occupancy was 80.9% and total guest-nights increased 25.0% year on year, reflecting continued recovery in inbound demand. - FY2024-Q1AdvancedAnnual report
「In Tokyo’s business hotel market, domestic and inbound demand continued to recover steadily. The average room occupancy rate in 2023 was 80.0%, up 21.6 percentage points year on year, while total guest-nights across all accommodation types in Tokyo were 97.30 million, up 65.8% year on year.」
In Tokyo’s business hotel market, the average room occupancy rate was 80.0% and total guest-nights increased 65.8% year on year, reflecting continued recovery in domestic and inbound demand. - FY2023AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to September 2023 was 78.4%, compared with 53.9% in the same period of the previous year. Total guest-nights across all accommodation types in Tokyo during the same period were 70.54 million, up 82.0% year on year.」
In Tokyo’s business hotel market, the average room occupancy rate and total guest-nights improved substantially, and demand is expected to increase beyond pre-pandemic levels as inbound demand recovers. - FY2023-Q3AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to May 2023 was 77.2%, up 26.3 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 36.99 million, up 86.9% year on year.」
In Tokyo’s business hotel market, room occupancy and total guest-nights improved substantially from the same period of the previous year, with domestic and inbound demand recovering. - FY2023-Q2AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2023 was 74.4%, up 27.3 percentage points year on year. Total guest-nights across all accommodation types in Tokyo during the same period were 21.02 million, up 90.4% year on year. Domestic demand remained at the same level as before the pandemic, while inbound demand also increased, supporting expectations for further market recovery.」
In Tokyo’s hotel market, the average room occupancy rate and total guest-nights improved substantially, with domestic demand at pre-pandemic levels and inbound demand also increasing. - FY2023-Q1AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate in 2022 was 58.4%, up 16.6 percentage points year on year. Total guest-nights across all accommodation types in Tokyo in 2022 were 58.68 million, up 53.5% year on year. Domestic demand has already recovered to pre-pandemic levels, and recovery in inbound demand is also expected in 2023.」
In Tokyo’s hotel market, the average room occupancy rate and total guest-nights improved from the previous year, and domestic demand is described as having recovered to pre-pandemic levels. Inbound demand is also expected to recover in 2023. - FY2022AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to September 2022 was 53.9%, compared with 38.1% in the same period of the previous year. Total guest-nights across all accommodation types in Tokyo during the same period were 38.74 million, up 59.1% year on year.」
The average room occupancy rate and total guest-nights improved from the same period of the previous year as domestic demand recovered and entry restrictions were eased, and demand from visitors to Japan also began to recover. - FY2022-Q3AdvancedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to May 2022 was 50.9%, compared with 34.3% in the same period of the previous year. Total guest-nights across all accommodation types in Tokyo during the same period were 19.79 million, up 64.3% year on year. The hotel business is showing signs of recovery as the number of domestic guests increases following the lifting of restrictions on outings, and further recovery is expected as the easing of entry restrictions supports expanded inbound demand, according to the Japan Tourism Agency.」
The average room occupancy rate improved from 34.3% in the same period of the previous year to 50.9%, while total guest-nights increased 64.3% year on year. In addition to the recovery in domestic lodging demand, inbound demand is expected to expand as entry restrictions are eased. - FY2022-Q2Signs of recovery in the hotel marketAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2022 was 47.1%, compared with 33.5% in the same period of the previous year. Total guest-nights across all accommodation types in Tokyo during the same period were 11.04 million, up 56.8% year on year.」
The average room occupancy rate and total guest-nights improved from the same period of the previous year, and signs of recovery in the hotel market emerged as the easing of restrictions revived human mobility and increased personal consumption. - FY2022-Q1Continued low occupancy and weak lodging demandAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for full-year 2021 was 41.8%, compared with 85.1% in the same period of 2019 before the pandemic. Total guest-nights across all accommodation types in Tokyo in 2021 were 36.56 million, compared with 78.98 million in the same period of 2019. As infections with novel coronavirus variants are spreading domestically, recovery in the hotel market is expected to take more time.」
The average room occupancy rate was 41.8%, substantially below 85.1% in 2019, while total guest-nights stood at 36.56 million. Market recovery is expected to take more time as variants continue to spread. - FY2021-Q3Continued low occupancy and weak lodging demandAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to May 2021 was 34.5%, compared with 84.2% in the same period of 2019, and the market continued to be affected by the novel coronavirus disease. In addition, total guest-nights across all accommodation types in Tokyo from January to May 2021 were 12.05 million, compared with 31.74 million in the same period of 2019. Although domestic vaccination is progressing daily, difficult conditions are still expected to continue in the hotel market, according to the Japan Tourism Agency.」
The average room occupancy rate was 34.5%, and total guest-nights were 12.05 million, substantially below the same period of 2019. Difficult conditions continue in the hotel market. - FY2021-Q2WorsenedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2021 was 33.6%, with the market continuing to be affected by the novel coronavirus disease. In addition, total guest-nights across all accommodation types in Tokyo were 7.04 million, down 45.7% year on year. Although domestic vaccination is progressing daily, difficult conditions are still expected to continue in the hotel market.」
The average room occupancy rate was 33.6%, while total guest-nights fell 45.7% year on year, with the hotel market downturn and difficult outlook continuing. - FY2021-Q1WorsenedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for full-year 2020 was 37.0%, compared with 84.2% a year earlier, reflecting the significant impact of the novel coronavirus disease. In addition, total guest-nights across all accommodation types in Tokyo were 29.78 million, down 62.3% year on year. Difficult conditions are expected to continue in the hotel market for the time being.」
The average room occupancy rate fell from 84.2% a year earlier to 37.0%, while total guest-nights declined 62.3% year on year. The hotel market downturn is continuing. - FY2020WorsenedAnnual report
「In Tokyo’s business hotel market, the room occupancy rate was 23.6% in August 2020, compared with 84.4% in the same month of the previous year. In addition, total guest-nights across all accommodation types in Tokyo from January to August 2020 were 19.48 million, down 62.3% year on year.」
Hotel room occupancy fell from 84.4% a year earlier to 23.6%, while total guest-nights declined 62.3% year on year. - FY2020-Q3WorsenedAnnual report
「In Tokyo’s business hotel market, the room occupancy rate fell to 14.6% in May 2020, compared with 82.4% in the same month of the previous year. In addition, total guest-nights across all accommodation types in Tokyo from January to May 2020 were 14.82 million, down 45.8% year on year. The number of visitors to Japan from overseas fell sharply due to travel restrictions resulting from the novel coronavirus disease, and difficult conditions are expected to continue for the time being, according to the Japan Tourism Agency.」
Room occupancy fell to 14.6%, while total guest-nights declined 45.8% year on year. Difficult conditions are expected to continue as the number of visitors to Japan from overseas decreases. - FY2020-Q2WorsenedAnnual report
「In Tokyo’s business hotel market, the average room occupancy rate for January to March 2020 was 57.4%, remaining well below the corresponding months of the previous year. In addition, total guest-nights across all accommodation types in Tokyo were 11.4 million per year, down 27.9% year on year. The number of visitors to Japan from overseas fell sharply due to the impact of the novel coronavirus disease, raising concerns that the downturn could be prolonged.」
Hotel room occupancy was 57.4%, while total guest-nights fell 27.9% year on year, marking a shift from the previous growth in demand from visitors to Japan and high occupancy to a market downturn. - FY2020-Q1WorsenedAnnual report
「However, as 2020 began, the decline in lodging demand associated with the novel coronavirus disease that emerged in December 2019 became more apparent from February onward, raising concerns that the spread of the infection could be prolonged, according to the Japan Tourism Agency.」
The market environment shifted from the previous high occupancy rates and growing demand from visitors to Japan in Tokyo’s business hotel market, with the decline in lodging demand associated with the novel coronavirus disease becoming apparent from February onward. - FY2019-Q3AdvancedAnnual report
「In Tokyo’s business hotel market, monthly room occupancy rates from January to June 2019 generally remained above 80%, a benchmark for market strength. In addition, total foreign guest-nights across all accommodation types in Tokyo increased 15% year on year. In particular, the number of travelers from Europe, the United States and Australia increased, bringing the inbound share to 38%, up 3 percentage points year on year, according to the Japan Tourism Agency.」
Tokyo business hotel occupancy rates generally exceeded 80%, while total foreign guest-nights increased 15% year on year and the inbound share reached 38%. - FY2019-Q2RestatedAnnual report
「In Tokyo’s business hotel market, monthly room occupancy rates from January to March 2019 remained above the corresponding months of the previous year. The number of visitors to Japan from overseas is expected to continue increasing, supporting expectations for expanded lodging demand.」
Tokyo business hotel occupancy rates exceeded the corresponding months of the previous year, reaffirming the market environment in which lodging demand is expected to expand as the number of visitors to Japan from overseas increases. - FY2019-Q1First statedAnnual report
「Tokyo's business hotel market remained strong, with monthly room occupancy rates in 2018 generally above 80%, a benchmark indicating favorable market conditions. The number of inbound visitors in 2018 exceeded 31.19 million for the first time, an increase of 8.7% year on year, and is expected to exceed 35 million in 2019, raising expectations for further growth in the number of guests.」
High occupancy rates in Tokyo's business hotel market, growth in inbound visitors, and the expected increase in inbound visitors to more than 35 million in 2019 first appear independently as structural facts about the market environment.