MIRAI Corporation Reports Stable Hotel Earnings

MIRAI Corporation (JP:3476) has released an update.

MIRAI Corporation has reported the monthly performance for its variable rent hotel assets in June 2024, showcasing a mix of occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR) across various properties. Some hotels, such as the Smile Hotel Naha City Resort, have outperformed their pre-COVID-19 figures due to increased group travel from Taiwan. Overall, the performance of these variable rent hotels is consistent with MIRAI’s earnings forecast.

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