Ichigo Hotel REIT Investment Corp. (JP:3463) has released an update.
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Ichigo Hotel REIT Investment Corp. reports a positive year-over-year growth in revenue, RevPAR (Revenue per available room), and occupancy rates for July 2024 across its 28 hotels. The company’s revenue increased by 7.3%, RevPAR by 7.9%, and occupancy by 6.5% compared to July 2023. These improvements are part of a consistent upward trend in the hotel’s performance metrics over the current six-month period.
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