Japan Hotel Reit Investment ( (JP:8985) ) has provided an announcement.
Japan Hotel REIT Investment Corporation reported strong business performance for March 2025, with a 9.4% year-on-year increase in RevPAR for its 28 hotels with variable rent. The company also saw a 9.5% rise in food and beverage revenues, indicating robust demand in both domestic and international markets, enhancing its market position.
More about Japan Hotel Reit Investment
Japan Hotel REIT Investment Corporation is a real estate investment trust focusing on the hotel industry in Japan. It primarily invests in hotels and generates income through variable rent and management contracts, aiming to capture both domestic and international leisure demand.
YTD Price Performance: 2.80%
Average Trading Volume: 1
Technical Sentiment Signal: Buy
Current Market Cap: $2.48B
Learn more about 8985 stock on TipRanks’ Stock Analysis page.