Japan Hotel Occ. Rate – March. 2010


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Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels – March. 2010

Japanese Major Cities

Japan Average Hotel Occupancy Rate as of March.2010 (unit basis)
City No. of hotels monitored March.2010 March.2009
Sapporo 15 69.9% 71.3%
Sendai 8 65.0% 33.8%
Tokyo 37 84.1% 76.6%
Urayasu 3 97.0% 93.4%
Yokohama 5 78.3% 79.8%
Nagoya 10 76.1% 72.6%
Osaka 28 81.1% 80.5%
Kyoto 13 92.5% 87.6%
Kobe 5 70.0% 66.0%
Hirosima 11 77.3% 69.9%
Fukuoka 10 71.6% 68.9%
Okinawa 16 79.1% 80.6%

japanesehotel-mar2010

Japanese Major Hotels

Name Type March.2010 March.2009
Hotel New Otani Luxury / FS / Downtown 58.0% 46.4%
Royal Park Hotel Up-scale / FS / Downtown 85.5% 70.2%
Akasaka Excell Hotel Mid-price / FS / Downtown 79.6% 67.7%
Daiichi Hotel Annex Mid-price / FS / Downtown 91.8% 86.6%
Haneda Excell Hotel (Airport) Mid-price / LS / Airport 96.0% 90.8%
Courtyard Mariott Ginza Up-scale / FS / Downtown 94.3% 90.7%
Imperial Hotel Tokyo Luxury / FS / Downtown 88.7% 73.3%
Sunroute plaza Tokyo Mid-price / LS / Downtown 95.8% 95.9%
Tokyo Bay Hotel Tokyu (in Tokyo Disney resort) Up-scale / FS /Resort-Theme Park 97.7% 92.3%
Yokohama Royal park Hotel Mid-price / LS / Downtown 80.9% 82.5%
Radisson Hotel Narita (Airport) Up-scale / LS / Airport 86.4% 79.6%
Kyoto Hotel Okura Up-scale / FS / Downtown 83.9% 75.4%
Hotel Nikko Osaka Up-scale / FS / Downtown 86.3% 84.3%

*FS = Full service hotel , *LS = Limited service hotel

Source: “Hotel & Restaurant”

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Past “Hotels on Market Update”

“Hotels on Market Update – February . 2010″

“Hotels on Market Update – October . 2009″

“Hotels on Market Update – July .2009 – Hotels & Ryokan (Small to Mid-Size)”

“Hotels on Market Update – April 23 .2009″

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“Hotel occupancy rates in major Japanese cities and hotels – Feburary 2010″

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Superb off-market properties are rarely seen in the open market even during times of financial hardship. However there is a door way into the discrete market where conservative Japanese property owners welcome trusted and accredited “outside buyers”. Asterisk Realty is an exclusive gateway to build trust with foreign investment interest and introduce the best of the best off-market properties.