Rising Hotel Occupancy Rates and Room Rates Driven by Inbound Demand
First written in FY2016. 11 of 28 entries say "Restated". Latest entry: 2026-11-05.
Sotetsu Holdings moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 13 of 29 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026AdvancedAnnual report
「In the hotel business, average room rates at Yokohama Bay Sheraton Hotel & Towers increased due to strong lodging demand, and the property achieved record-high revenue.」
Yokohama Bay Sheraton achieved record-high revenue, while the occupancy rate for domestic room-focused hotels was 86.7% and the average room rate was ¥14,415. - FY2026-H1AdvancedAnnual report
「As a result, the hotel business as a whole posted operating revenue of ¥35.9 billion, up 15.6% year on year, and operating profit of ¥7,893 million, up 44.1%.」
Against the backdrop of strong lodging demand and other factors, the hotel business exceeded the previous year's operating revenue and operating profit, with recovery and growth progressing. - FY2025AdvancedAnnual report
「The hotel business achieved record-high revenue as average room rates and other metrics increased with the growth in inbound demand. Domestic room-focused 81.5 84.9 3.4pt － Yokohama Bay Sheraton 83.9 85.2 1.3pt －」
Hotel revenue reached a record high against the backdrop of inbound demand, and occupancy rates also increased at domestic room-focused hotels and Yokohama Bay Sheraton. - FY2024AdvancedAnnual report
「Domestic room-focused 70.6 81.5 10.9pt － Yokohama Bay Sheraton 77.7 83.9 6.2pt －」
The occupancy rate was 81.5% at domestic room-focused hotels and 83.9% at Yokohama Bay Sheraton, up 10.9 percentage points and 6.2 percentage points, respectively, from the previous year. Average room rates also increased. - FY2024-Q3AdvancedAnnual report
「The hotel business saw a substantial recovery in demand following the reclassification of COVID-19 under the infectious disease classification system.」
The recovery in hotel demand continued, with the hotel business as a whole posting a 64.0% year-on-year increase in operating revenue and turning from an operating loss in the previous year to operating profit of ¥6,550 million. - FY2024-Q2AdvancedAnnual report
「The hotel business saw a substantial recovery in demand following the reclassification of COVID-19 under the infectious disease classification system.」
The substantial recovery in hotel demand continued, with hotel operating revenue up 80.9% year on year and operating profit turning from an operating loss in the previous year to profit of ¥3,564 million. - FY2024-Q1AdvancedAnnual report
「The hotel business saw a substantial recovery in demand following the reclassification of COVID-19 under the infectious disease classification system.」
The company describes hotel demand as having progressed from a recovery trend following the easing of restrictions on activities and other measures to a substantial recovery following the reclassification of COVID-19. - FY2023AdvancedAnnual report
「Domestic room-focused 51.5 70.6 19.1pt Yokohama Bay Sheraton 48.7 77.7 29.0pt」
The occupancy rate was 70.6% at domestic room-focused hotels and 77.7% at Yokohama Bay Sheraton, up 19.1 percentage points and 29.0 percentage points, respectively, from the previous year. - FY2023-Q1RestatedAnnual report
「The hotel business continued to face a challenging operating environment due to the impact of COVID-19, but signs of a recovery in demand emerged as restrictions on activities and other measures were eased.」
While the impact of COVID-19 continued, the company continued to describe a recovery trend in hotel demand following the easing of restrictions on activities and other measures. - FY2022ReframedAnnual report
「The occupancy rate for domestic room-focused hotels was 51.5%, up 17.3 percentage points year on year.」
Hotel demand recovered from the previous year, and the occupancy rate for domestic room-focused hotels rose to 51.5%. The company also stated that this was down 29.7 percentage points from the fiscal year ended March 2020, reflecting the impact of the pandemic. - FY2022-Q2ReframedAnnual report
「At the accommodation-focused hotels, the Company temporarily closed some directly operated hotels as a measure in response to the decline in accommodation demand caused by the spread of COVID-19. However, in anticipation of a future recovery in demand, it opened Sotetsu Fresa Inn Hiroshima-Ekimae and strengthened its business platform.」
The description changed from improved profitability driven by inbound demand to opening new properties in anticipation of a future recovery in demand, while assuming lower lodging demand and some temporary closures. - FY2021-Q3ReframedAnnual report
「Demand in the room-focused hotel business had plunged amid the spread of COVID-19, but improved substantially from September onward, helped by the tailwind from the government's Go To Travel campaign.」
The description changed from sharply lower demand and temporary closures to improving hotel demand from September onward against the backdrop of the Go To Travel campaign. However, the hotel business as a whole posted an operating loss. - FY2021-Q2ReframedAnnual report
「In the room-focused hotel business, all domestic properties that had been closed due to the sharp decline in demand accompanying the spread of COVID-19 resumed operations.」
The company describes all domestic properties resuming operations after domestic and international demand plunged and properties were temporarily closed due to COVID-19. - FY2021-Q1ReframedAnnual report
「The room-focused hotel business faced a challenging operating environment, including the temporary closure of some properties, as domestic and international demand plunged due to the spread of COVID-19, but」
The description changed from improved profitability through the capture of inbound and domestic demand to a description of domestic and international demand plunging due to COVID-19 and some properties being temporarily closed. - FY2020-Q3ReframedAnnual report
「For the group's consolidated cumulative nine-month period, revenue increased in the distribution and hotel businesses due to factors including the opening of new stores, but the impact of lower profit margins in the real estate business, lower revenue at existing stores in the distribution and hotel businesses, and higher expenses was substantial, resulting in higher revenue but lower profit.」
The description changed from improved hotel profitability driven by inbound demand to a description of lower revenue at existing hotels and higher expenses weighing on performance. - FY2019-Q2RestatedAnnual report
「In addition, the company worked to improve profitability by actively capturing inbound demand and diverse domestic demand.」
The company again cites the capture of inbound demand and diverse domestic demand as a measure to improve hotel profitability. - FY2019-Q1RestatedAnnual report
「In addition, the company worked to improve profitability by actively capturing inbound demand and diverse domestic demand.」
The company continues to cite the capture of inbound demand and diverse domestic demand as a measure to improve hotel profitability. - FY2018-Q3RestatedAnnual report
「In addition, the company carried out renovations to guest rooms and other facilities at Hotel Sunroute Kawasaki, while working to improve profitability by actively capturing inbound demand and diverse domestic demand, and」
The company again cites the capture of inbound demand and diverse domestic demand as a factor behind improved hotel profitability. - FY2018-Q2RestatedAnnual report
「The company worked to improve profitability by actively capturing inbound demand and diverse domestic demand.」
The company again cites the capture of inbound and domestic demand as a factor behind improved hotel profitability. - FY2018-Q1RestatedAnnual report
「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we opened Sotetsu Fresa Inn Kyoto-Shijokarasuma and Sotetsu Fresa Inn Kyoto-Hachijoguchi, the first Sotetsu Fresa Inn brand locations in the Kansai region. We also advanced renovations to guest rooms and other facilities at Hotel Sunroute Kawasaki, while actively capturing inbound demand and diverse domestic demand to improve profitability.」
The company continues to cite the capture of inbound demand and diverse domestic demand as a measure to improve profitability in the hotel business. - FY2017RestatedAnnual report
「The company worked to improve profitability by actively capturing inbound demand and diverse domestic demand.」
The company again cites the capture of inbound and domestic demand as a factor behind improved hotel profitability. - FY2017-Q3RestatedAnnual report
「At the room-focused Sotetsu Fresa Inn and Hotel Sunroute properties, the company carried out renovation work on guest rooms and other facilities at Sotetsu Fresa Inn Tokyo-Tamachi and Hotel Sunroute New Sapporo, while also working to improve profitability by actively capturing inbound demand and diverse domestic demand, in addition to」
The company continues to cite the capture of inbound demand and diverse domestic demand as factors behind improved hotel profitability. - FY2017-Q2RestatedAnnual report
「At the room-focused Sotetsu Fresa Inn and Hotel Sunroute properties, the company worked to improve profitability by actively capturing inbound demand and diverse domestic demand, in addition to」
The company cites the capture of diverse domestic demand, in addition to inbound demand, as a factor behind improved hotel profitability. - FY2017-Q1RestatedAnnual report
「In addition, amid stronger inbound demand, particularly in the Tokyo metropolitan area, average room rates improved, while room occupancy rates remained high.」
The company continues to cite higher average room rates and high occupancy rates driven by inbound demand. - FY2016First statedAnnual report
「In addition, amid stronger inbound demand, particularly in the Tokyo metropolitan area, room occupancy rates and average room rates improved.」
The company cites stronger external demand as a factor behind improved profitability in the hotel business.