Ichigo Hotel REIT Valie Hotel Hiroshima (Ichigo Hotel REIT)

Ichigo Hotel REIT has reported an almost 46% rise in its operating revenue for July 2023 on a year-on-year basis.

Revenue for the month came in JPY808.1 million.

Meanwhile, the REIT’s ReVPAR for the month came in at JPY6,897.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.