Japan Hotel REIT Investment Corporation reported earnings results for the year ended December 31, 2018. For the year, the company reported operating revenue of JPY 28,253 million against JPY 25,475 million for the same period a year ago. Operating income was JPY 17,993 million against JPY 15,757 million for the same period a year ago. Net income was JPY 16,210 million against JPY 14,005 million for the same period a year ago. Net income per unit was JPY 4,041 compared to JPY 3,606 a year ago.

The company provided earnings guidance for the first half year of fiscal year 2019 and full year ending December 31, 2019. For the first half year, the company expects operating revenue of JPY 12,765 million, operating income of JPY 7,098 million and net income of JPY 6,154 million.

For the year ending December 31, 2019, the company expects operating revenue of JPY 28,876 million, operating income of JPY 17,371 million and net income of JPY 15,273 million.