Ichigo Hotel REIT Investment Corporation reported unaudited operating results for the month April and for the period from February 2024 to April 2024. For the month, the company reported RevPAR of JPY 7,616 against JPY 6,366 a year ago. Occupancy was 86.0% against 75.2% a year ago. ADR was JPY 8,856 against JPY 8,470 a year ago.

For the period from February 2024 to April 2024, the company reported RevPAR of JPY 7,862, Occupancy of 86.5% and ADR of JPY 9,090.