Hoshino Resorts REIT, Inc. announced distribution of JPY 7,681 per unit or total distribution of JPY 1,962 million for the period From May 1, 2022 to October 31, 2022, compared to JPY 7,195 per unit or total distribution of JPY 1,758 million for the period November 1, 2021 to April 30, 2022. Scheduled date of commencement of distributions payment: January 23, 2023.