Ichigo Hotel REIT Investment Corporation reported unaudited operating results for the month and year to date ended June 2023. For the month, the company reported RevPAR of JPY 6,057 against JPY 4,465 a year ago. Occupancy 78.3% against 80.3% a year ago. ADR of JPY 7,739 against JPY 5,563 a year ago.

For the year to date, the company reported RevPAR of JPY 6,456, Occupancy of 80.2% and ADR of JPY 8,049.