HOTEL BUSINESS

Competitive Advantages

  • We are leveraging our development expertise and the tenant relationships we have built by handling diverse real estate assets as a comprehensive developer in order to acquire sites for hotels and promote hotel development.
  • Applying more than 30 years of hotel management experience with the Royal Park Hotels brand, we have been expanding our networks of full-service hotels and accommodation-oriented, limited-service hotels.
  • In our airport management operations, we are making full use of the experience we have gained with the development and management of diverse commercial facilities and the knowledge gained in businesses related to demand from inbound visitors to Japan in our outlet and hotel operation businesses.
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Business Strategies

  • In the Hotel Business, our main focus is the development of hotels under the Royal Park Hotels brand on sites we have acquired ourselves. We also actively look to lease properties to other operators and generate capital gains through the sale of properties after holding them for a certain period of time.
  • With the Royal Park Hotels brand, we aim to steadily increase operating income by improving the operating income ratio at existing hotels while actively expanding hotel networks by leasing properties developed by other companies as well as utilizing various schemes, including management contracts and franchise contracts.
  • In our Airport Business, we aim to unearth demand by enhancing the appeal of airports and their surrounding areas by working with appropriate partners and applying our experience in urban development and the management of commercial facilities.

Revenue from Operations,Operating Income / Operating Income Ratio

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TOPICS

In April 2018, in order to respond to the high demand for accommodation, we accelerated the expansion of the Hotel Business and reinforced the activities of the Airport Operation Business. We also established the Hotel & Airport Business Group to generate synergies between the two.

Royal Park Hotels and Resorts Company, Limited, which operates hotels throughout Japan, is moving ahead with the expansion of new locations in Tokyo, Osaka, Kyoto, and other areas. The company plans to expand from its 3,047 units as of June 2019 to approximately 4,350 units in 2022.

In the Airport Business, we commenced operations of Takamatsu Airport in April 2018, which was followed by opening of the Miyako Shimojishima Airport Terminal in March 2019 and the start of operation of Mt. Fuji Shizuoka Airport in April 2019.

Picture: Rendering of Mt. Fuji Shizuoka Airport in the future

Rendering of Mt. Fuji Shizuoka Airport in the future

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CORPORATE INFORMATION

  • A MESSAGE FROM THE MANAGEMENT
  • ABOUT MITSUBISHI ESTATE
  • PROFILE OF MITSUBISHI ESTATE
  • CORPORATE BRAND
  • SAFETY AND SECURITY
  • CORPORATE GOVERNANCE
  • GROUP COMPANIES