Investor Presentaiton
Organic Growth
Driving Earnings Growth (2)
The OneFive Garden Kurashiki Reopened in March 2023
-
Conducted renovations in anticipation of hotel demand recovery
✓ Aiming for high value-add hotel via enhanced operator services
✓ Ramp up efforts to capture leisure demand driven by Kurahashiki Bikan Historical
Quarter, located near the hotel
✓ Adding hotel value & driving demand via addition of smoking area and laundry
machines
✓ Post-renovation occupancy 90.0% (+40% YOY), ADR JPY 8,291 (+14% YOY)
YOY Comparison (July 2022 - July 2023)
The Onefive Garden Karahd
I
RevPAR
ADR
一期一会|
ICHIGO
O Ichigo Investment Advisors Co., Ltd. Ichigo Hotel REIT Investment Corporation All rights reserved.
Occupancy
(JPY)
90.0%
8,291
50.2%
7,464
7,297
3,662
July 2022
Actual
July 2023
Actual
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