New Openings of Accommodation-Focused Hotels and Enhanced Expansion with Sunroute

「In the lodging-focused hotel business, we reopened Sotetsu Fresa Inn Nagano-Ueda Station East, following renovations, and worked to improve profitability.」

「In the lodging-focused hotel business, we opened The Splaisir Yokohama, the first domestic hotel under the Sotetsu Hotels The Splaisir brand, and Sotetsu Grand Fresa Bangkok in Bangkok, the brand's first hotel in Thailand, expanding our business base in Japan and overseas. We also introduced a multilingual interpretation system at all 51 of our directly operated hotels in Japan, providing interpretation and voice-to-text communication in up to 32 languages, to improve service levels and convenience in response to growing inbound demand.」

「In the lodging-focused hotel business, we opened The Splaisir Yokohama on 20 June, the first domestic hotel under the Sotetsu Hotels The Splaisir brand, and worked to expand our business base.」

「In the lodging-focused hotel business, we opened 2 hotels, Sotetsu Grand Fresa Saigon in Ho Chi Minh City, Vietnam, and Sotetsu Grand Fresa Taipei Ximen in Taipei, Taiwan, expanding our business base.」

「On 6 July, we opened Sotetsu Grand Fresa Saigon, the first overseas hotel under the Sotetsu Grand Fresa brand.」

「In the lodging-focused hotel business, Sotetsu Grand Fresa Osaka-Namba, which had been closed while operating as a lodging facility for people recovering from COVID-19, resumed operations on 17 May.」

「In the lodging-focused hotel business, we opened 5 hotels, including Sotetsu Grand Fresa Takadanobaba, and also launched a new partner-hotel business. By providing the sales platform and expertise supporting Sotetsu Hotels' lodging operations, including its membership program, we established a structure to support member hotels in increasing sales and improving operating efficiency, thereby expanding our business base.」

「In the limited-service hotel business, we expanded our business platform by opening 4 hotels, including Sotetsu Grand Fresa Takadanobaba, in anticipation of a future recovery in demand.」

「In the limited-service hotel business, we expanded our business platform by opening 3 hotels, including Sotetsu Grand Fresa Takadanobaba, in anticipation of a future recovery in demand.」

「In the limited-service hotel business, we expanded our business platform by opening Sotetsu Grand Fresa Takadanobaba, in anticipation of a future recovery in demand.」

「With a recovery in future demand in view, we opened 4 hotels, including Sotetsu Fresa Inn Hiroshima Station, expanding our business base.」

「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.」

「In the hotel business, Sotetsu Hotel Development Co., Ltd., a consolidated subsidiary of the Company, acquired shares in Hi Metta Karuna Panya Co., Ltd., resulting in the recognition of a gain on a bargain purchase of ¥87 million during the first quarter of the current consolidated cumulative period.」

「The Company further opened 4 properties, Sotetsu Fresa Inn Tokyo-Tamachi ANNEX, Sotetsu Fresa Inn Kanda-Otemachi, THE POCKET HOTEL Kyoto Karasuma-Gojo and Sotetsu Fresa Inn Yokohama Station East Exit, continuing efforts to expand its business platform.」

「The Company opened 2 Sotetsu Fresa Inn properties in Tokyo and The Pocket Hotel Kyoto Karasuma-Gojo, the second property under The Pocket Hotel brand, in Kyoto.」

「In the accommodation-focused hotel business, the Company opened 3 Sotetsu Fresa Inn properties in Japan and Sotetsu Fresa Inn Seoul Myeongdong in South Korea, the first overseas property under the Sotetsu Fresa Inn brand, thereby strengthening its business platform.」

「In the lodging-focused hotel business, we opened Sotetsu Fresa Inn Kobe-Sannomiya and Sotetsu Fresa Inn Osaka-Namba Station, expanding our business base, while」

「Under the Sotetsu Fresa Inn brand, we opened Sotetsu Fresa Inn Kobe-Sannomiya, the brand's first location in Hyogo Prefecture, and expanded our business base. We also introduced ICT-enabled equipment, including the Smare self-service check-in and check-out terminals, Smart Plate information-distribution devices, and autonomous floor-cleaning robots, to improve customer convenience and operating efficiency.」

「In the accommodation-focused hotel business, the Company opened Sotetsu Fresa Inn Osaka-Yodoyabashi and Sotetsu Fresa Inn Osaka-Shinsaibashi in Osaka, and The Pocket Hotel Kyoto-Shijokarasuma in Kyoto, a new type of hotel offering good value for money, thereby strengthening its business platform. Overseas, it opened The Splaisir Seoul Myeongdong as its first directly operated hotel in Asia and The Splaisir Seoul Dongdaemun as its second, advancing overseas expansion.」

「At the accommodation-focused hotels The Splaisir, Sotetsu Fresa Inn and Hotel Sunroute, the Company opened The Splaisir Seoul Dongdaemun as its second directly operated hotel in Seoul, South Korea, following The Splaisir Seoul Myeongdong, its first directly operated hotel in Asia, advancing overseas expansion. In Japan, it opened Sotetsu Fresa Inn Osaka-Yodoyabashi and Sotetsu Fresa Inn Osaka-Shinsaibashi in Osaka, and The Pocket Hotel Kyoto-Shijokarasuma in Kyoto, a new type of hotel offering compact rooms and good value for money. It also expanded Hotel Sunroute Ariake, strengthening its business platform.」

「At the lodging-focused The Splaisir, Sotetsu Fresa Inn, and Hotel Sunroute hotels, we opened The Splaisir Seoul Myeongdong in Seoul, South Korea, as our first directly operated hotel in Asia, advancing our overseas expansion. In Japan, we opened Sotetsu Fresa Inn Osaka-Yodoyabashi, the first Sotetsu Fresa Inn brand location in Osaka, and expanded Hotel Sunroute Ariake, among other initiatives, to strengthen our business base. In July, we opened The Splaisir Seoul Dongdaemun in Seoul, South Korea, as our second directly operated overseas hotel.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we opened Sotetsu Fresa Inn Osaka-Yodoyabashi, the first Sotetsu Fresa Inn location in Osaka, and expanded Hotel Sunroute Ariake to give it the largest number of guest rooms in the area, thereby expanding our business base.」

「At the accommodation-focused hotels Sotetsu Fresa Inn and Hotel Sunroute, the Company opened 4 properties in Tokyo, including Sotetsu Fresa Inn Tokyo-Roppongi, as well as Sotetsu Fresa Inn Kyoto-Shijokarasuma and Sotetsu Fresa Inn Kyoto-Hachijoguchi, the first Sotetsu Fresa Inn brand properties in Kansai, thereby strengthening its business platform.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we opened Sotetsu Fresa Inn Kyoto-Shijokarasuma and the Sotetsu Fresa Inn Kyoto-Hachijoguchi, the first Sotetsu Fresa Inn brand locations in the Kansai region. We also renovated guest rooms and other facilities at Hotel Sunroute Kawasaki, while actively capturing inbound demand and diverse domestic demand to improve profitability.」

「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.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we opened Sotetsu Fresa Inn Ginza 7-chome, the Sotetsu Fresa Inn Shimbashi Hibiya-guchi Annex, and Hotel Sunroute Osaka-Namba, working to expand our business base. We also renovated guest rooms and other facilities at 3 hotels, including Sotetsu Fresa Inn Tokyo-Tamachi and Hotel Sunroute Higashi-Shinjuku, while actively capturing inbound demand and diverse domestic demand to improve profitability.」

「We opened Hotel Sunroute Osaka-Namba, Sotetsu Fresa Inn Ginza 7-chome, and the Sotetsu Fresa Inn Shimbashi Hibiya-guchi Annex, and worked to expand our business base.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we actively captured inbound demand and diverse domestic demand and worked to improve profitability, while opening Hotel Sunroute Osaka-Namba and working to expand our business base.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we opened the directly operated Hotel Sunroute Osaka-Namba, with 698 guest rooms in total, in April. In addition to expanding our business base, we worked to improve profitability by actively capturing inbound demand.」

「At the lodging-focused Sotetsu Fresa Inn and Hotel Sunroute hotels, we advanced preparations for new openings, renovated guest rooms and other facilities at Hotel Sunroute Takadanobaba and Hotel Sunroute Shimbashi, and worked to improve profitability.」