New-brand hotel rollout through a joint venture with First Cabin

「In the hotel business, we worked to enhance brand strength through initiatives including the opening of THE OSAKA STATION HOTEL, Autograph Collection and Hotel Granvia Hiroshima South Gate.」

「In the Real Estate segment, investor-oriented sales increased in the real estate sales and leasing business, while shopping center operations also remained firm, resulting in operating revenue of ¥113.8 billion, up 11.5% year on year. However, operating income declined 4.7% year on year to ¥20.2 billion, due in part to higher costs associated with the opening of Osaka Station Hotel in the hotel business.」

「For Via Inn limited-service hotels classified under the Distribution segment, we opened Via Inn Prime Sapporo Odori <Suzuran-no-Yu> in September.」

「For Via Inn limited-service hotels classified under the Distribution segment, we launched the Via Inn Prime brand last November and opened Via Inn Prime Akasaka <Akane-no-Yu>.」

「In the hotel business, we opened Hotel Vischio Toyama, a limited-service hotel, in March.」

「Last October, we opened the new-brand hotel Umekoji Potel Kyoto.」

「In the limited-service hotel business classified under the Distribution segment, we opened Via Inn Hiroshima Shinkansenguchi and renovated Via Inn Shimonoseki in June, followed by the opening of Via Inn Osaka Kyobashi in December.」

「In the limited-service hotel business classified under the Distribution segment, we opened Via Inn Hiroshima Shinkansenguchi in June and renovated Via Inn Shimonoseki.」

「In the limited-service hotel business classified under the Distribution segment, we opened 4 Via Inn properties from May through August last year: Kyoto Station Hachijo Exit, Hakata-guchi Ekimae, Shinsaibashi-Yotsubashi and Nihombashi Ningyocho.」

「In May, we opened the high-end limited-service Hotel Vischio Kyoto by GRANVIA. Going forward, we will continue expanding a diverse brand portfolio, including city hotels such as Hotel Granvia and limited-service hotels such as Via Inn, both within and outside our rail network and operating areas.」

「We opened First Cabin Station Wakayama Station in August and First Cabin ST. Kyoto Umekoji RYOKAN in March.」

「Last June, we opened Hotel Vischio Osaka, a new high-end limited-service format for the Group's hotels, and rebranded the hotel directly connected to Amagasaki Station, Hotel Hopinn Aming, as Hotel Vischio Amagasaki. In August of the same year, we opened the cabin-style hotel First Cabin Station Wakayama Station.」

「In June, we opened Hotel Vischio Osaka, a new high-end limited-service format for the Group's hotels, and rebranded the hotel directly connected to Amagasaki Station, Hotel Hopinn Aming, as Hotel Vischio Amagasaki. In August, we opened the cabin-style hotel First Cabin Station Wakayama Station.」

「In June, we opened Hotel Vischio Osaka, a new high-end limited-service format for the Group's hotels, and rebranded the hotel directly connected to Amagasaki Station, Hotel Hopinn Aming, as Hotel Vischio Amagasaki. Going forward, we will continue expanding a diverse brand portfolio, including city hotels such as Hotel Granvia and limited-service hotels such as Via Inn, both within and outside our rail network and operating areas.」

「In addition to opening the upscale capsule hotel First Cabin Station Abeno-so in Osaka's Abeno district last October, we proceeded with preparations to open the high-end limited-service Hotel Vischio in Osaka and Kyoto.」

「In the hotel business, to meet solid lodging demand and diverse customer needs, we opened the upscale capsule hotel First Cabin Station Abeno-so in Tennoji last October and proceeded with preparations to open the high-end limited-service Hotel Vischio in Osaka and Kyoto.」

「We proceeded with preparations to open the high-end limited-service Hotel Vischio in Osaka and Kyoto and the upscale capsule hotel First Cabin Station in Tennoji and Wakayama, respectively.」

「In the limited-service hotel business classified under the Distribution segment, we opened Via Inn Abeno Tennoji in April and Via Inn Umeda in August.」

「In the hotel business, we announced plans to open the high-end limited-service Hotel Vischio in Osaka and Kyoto and the upscale capsule hotel First Cabin Station in Tennoji and Wakayama to capture demand from inbound tourists and other domestic and international travelers. Together with the existing city hotel Granvia and limited-service hotel Via Inn, we are expanding the portfolio to meet a broader range of needs.」

「In the hotel business, to develop hotels that meet a broad range of customer needs, we established the joint venture JR西日本ファーストキャビン with First Cabin in February this year to develop a more compact, luxurious new hotel brand. We also decided to open new hotels around Osaka Station and at Kyoto Station's Hachijo Exit under the high-end limited-service hotel brand Hotel Vischio. The JR西日本 Group's hotel portfolio will comprise 4 brands: Granvia, a city hotel; Via Inn, a limited-service hotel; and the 2 new brands.」

「In the hotel business, we will establish the joint venture JR西日本ファーストキャビン with First Cabin to develop a more compact, luxurious new hotel brand, primarily in western Japan. With this addition, the JR西日本 Group's hotels will comprise four broad categories: Granvia, a city hotel; Via Inn, a limited-service hotel; and the new brand, a high-end limited-service hotel, in addition to the existing brands, enabling us to serve a broad range of customer needs.」