Star Asia Investment Corp. (JP:3468) has released an update.
Star Asia Investment Corporation reported monthly and cumulative hotel operation performance for July 2024, showcasing a mix of occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR) across various properties. Notable performance includes the KOKO HOTEL Sapporo Ekimae with a 97% occupancy rate and the KOKO HOTEL Ginza 1-Chome with a substantial gross operating revenue (GOR) of 938 million yen. The overall trend indicates solid hotel performance with occupancy rates averaging 84% for July and 86% for the period February to July 2024.
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