Investor Presentaiton
Performance of Courtyard by Marriott Tokyo Station
The accommodation sector is maintaining its high unit-price strategy by attracting customers primarily via
Marriott.com, with high-budget foreign business travelers as the main target.
(Reference)
Share of foreign guests in the total number of guests
Apr.
May
Jun.
Jul.
Aug.
68.2%
2023
73.4% 64.2% 65.5% 70.6%
Going forward, the issue will be increasing occupancy rates, including attracting foreign and domestic leisure
guests, while maintaining a high ADR.
In the food and beverage sector, sales of BBQ plans utilizing terrace seating and free-flow plans led to a steady
recovery, with average customer spend reaching a level exceeding 2019.
Change in Major Indicators (Year-on-Year Comparison)
43rd FP avg.
(Yen)
(Million yen)
Occupancy rate
76.2%
30,000
90
75
ज ४ जे 8 जै 8
Average daily rate
(ADR)
30,938
yen
60
45
30
0
888388531
25,000
RevPAR
23,581 yen
20,000
Base
Dec.
Jan.
Feb.
Mar.
Apr.
May
Jun.
Jul.
month for rent
2023
Rent recording
Mar.
Apr.
May
Jun.
Jul.
Aug.
Sep.
Oct.
month
43rd FP of MORI TRUST REIT, Inc.
Rent for the same month of 2019 (left axis)
Rent (left axis)
RevPAR for the same month of the previous year (right axis)
Rent for the same month of the previous year (left axis)
RevPAR for the same month of 2019 (right axis)
RevPAR (right axis)
43rd FP (actual)
(Difference from
minimum guaranteed rent)
43rd FP (forecast)
(As of Apr. 2023)
Change
43rd FP total
278 mn yen
278 mn yen
- mn yen
240 mn yen
(Note 1) In "Rent," difference from the minimum guaranteed rent is not
included. "Rent" refers to the total amount of rent for the entire
trust beneficiary interest regardless of changes in the percentage
of quasi-co-ownership interest in the trust beneficiary interest
owned by MORI TRUST REIT.
15,000
Rent
10,000
5,000
(Rent)
0
Aug.
Nov.
37 mn yen
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