MIRAI Corporation’s Hotels Show Strong August Performance

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

MIRAI Corporation reports positive performance for its hotel assets with variable rent in August 2024, noting an occupancy rate of 81% for its ‘5 Smile Hotels’ and strong sales figures across the board. The company highlighted that some hotels surpassed their 2019 performance levels, indicating a robust recovery and alignment with earnings forecasts. This consistent performance demonstrates MIRAI’s strategic asset management in the hospitality sector.

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