Improving Profitability Through Review and Optimization of Room Rates
First written in FY2017-Q1. 2 of 6 entries say "Cited as achieved", first in 2026-05-14. Latest entry: FY2026.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「RIHGA Royal Hotel Osaka joined the “Vignette Collection,” a collection brand of IHG Hotels & Resorts, on 1 April 2025 and reopened as “RIHGA Royal Hotel Osaka Vignette Collection.” In addition to renovation and refurbishment designs that emphasise the traditions and history of RIHGA Royal Hotel Osaka, becoming a brand in IHG Hotels & Resorts’ luxury and lifestyle segment strengthened the hotel’s competitiveness and contributed to enhancing the value of our hotel business, including through a significant increase in room rates.」
The company stated that room rates rose significantly after the introduction of the brand and renovation of the Osaka hotel, demonstrating the results of its measures to optimise rates and improve profitability. - FY2024RaisedAnnual report
「For existing hotels, in light of proactive renovation investment at each group hotel, including the large-scale renovation of the entire RIHGA Royal Hotel Osaka, we will optimise various rates, including room rates, as well as」
The scope was expanded from reviewing room rates to optimising various rates, including room rates, and the measure was positioned as an initiative to strengthen earnings power under the medium-term management plan. - FY2017-Q1First statedAnnual report
「In our sales activities, against a backdrop of firm accommodation demand, we worked to review and optimize room rates.」
For the first time, explicitly identifies the review and optimization of room rates as a revenue management measure based on accommodation demand.