MIRAI Corporation’s Hotels Surpass Financial Expectations

MIRAI Corporation’s Hotels Surpass Financial Expectations

MIRAI Corporation (JP:3476) has released an update.

MIRAI Corporation reported strong performance for its variable rent hotel assets in November 2024, driven by increased domestic and inbound travel demand during the autumn season. Notably, Smile Hotel Hakataeki-Mae and Smile Hotel Kyoto Karasumagojo led the favorable results, with variable rents surpassing forecasts across all five hotels. This robust performance reflects a thriving hospitality sector, benefitting from seasonal travel and events.

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