Ichigo Hotel REIT Investment Corporation reported unaudited operating results for the month and for the period from August 2023 to November 2023. For the month, the company reported RevPAR of JPY 7,903 against JPY 6,377 a year ago. Occupancy was 86.7% against 86.7% a year ago. ADR was JPY 9,111 against JPY 7,351 a year ago.

For the period from August 2023 to November 2023, the company reported RevPAR of JPY 7,639, Occupancy of 84.9% and ADR of JPY 8,997.