tiprankstipranks
Trending News
More News >

MIRAI Corporation Reports Strong Hotel Performance in December 2024

Story Highlights
MIRAI Corporation Reports Strong Hotel Performance in December 2024

Don’t Miss TipRanks’ Half-Year Sale

An announcement from MIRAI Corporation ( (JP:3476) ) is now available.

MIRAI Corporation reported strong performance for its hotels with variable rent in December 2024, driven by robust domestic and inbound travel demand. Notably, Smile Hotel Hakataeki-Mae performed exceptionally well, contributing to a 51% year-over-year increase in sales for the fiscal year ending April 2025, underscoring the company’s positive momentum in the hospitality sector.

More about MIRAI Corporation

MIRAI Corporation is a Real Estate Investment Trust focused on managing properties with a significant component of variable rent, particularly in the hospitality sector. The company collaborates with Mitsui Bussan & IDERA Partners Co., Ltd. for asset management.

YTD Price Performance: 0.74%

Average Trading Volume: 6,737

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen77.25B

For a thorough assessment of 3476 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1