Hotel Market Update Japan Hotels & Hospitality Group April 215
Contents 目次 3 Market Update マーケット概要 Tokyo & Osaka 東京及び大阪 4 6 Hokkaido, Kyoto, Fukuoka & Okinawa 北海道 京都 福岡及び沖縄 Hotel Investment Market ホテル投資マーケット 8 9 Contributor 寄稿者
Hotel Market Update Japan 3 Market Update マーケット概要 北海道 Hokkaido 京都 Kyoto 東京 Tokyo 福岡 Fukuoka 大阪 Osaka び沖縄 Okinawa Total Number of Accommodation Guests in Japan by Accommodation Type / 日本宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / 45 4 35 3 25 2 15 1 5 28 29 21 211 212 213 214 Source: Japan Tourism Agency / 出典 : 日本観光庁 Visitor Arrivals to Japan / 訪日外客数 Visitor Arrivals (Million) / 16 14 12 1 8 6 4 2 Growth / 25 26 27 28 29 21 211 212 213 214 YTD YTD Feb Feb 214 215 Visitor Arrivals to Japan / Growth / Source: Japan National Tourism Organization (JNTO) / 出典 : 日本観光局 (JNTO) 5% 4% 3% 2% 1% % -1% -2% -3% -4%
4 JLL Hotels & Hospitality Group Tokyo 東京 International visitor arrivals to Japan in January and February of 215 increased by 42.8% as compared to the same period last year. This increase was attributed to the Chinese New Year holidays in February. Hotels in Tokyo also performed well underpinned by the increase of inbound tourism demand during the Chinese New Year holiday. 215 年の 1 月及び 2 月の訪日外国人数は 2 月の春節休暇期間におけるアジアからの訪日外国人数増加を背景に 対前年同期比で 42.8% の大幅増加となった 東京のホテルについても 2 月の春節期間におけるインバウンド宿泊需要増により 好調なパフォーマンスを達成した Total Number of Accommodation Guests in Tokyo by Accommodation Type / 東京都宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 5 45 4 35 3 25 2 15 1 5 28 29 21 211 212 213 214 Source: Japan Tourism Agency / 出典 : 観光庁 Tokyo Trading Performance (Luxury + Upscale) ADR/RevPAR (JPY) 35, 3, 25, 2, 15, 1, 5, 27 28 29 21 211 212 213 214 YTD YTD Feb Feb 214 215 ADR RevPAR OCC / Source: Categorized by JLL s proprietary criteria based on STR Global s data 出典 :STR グローバルのデータを基に JLL 独自の基準で分類 OCC 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% %
Hotel Market Update Japan 5 Osaka 大阪 The Osaka hotel market continues to realise an upturn trend. RevPAR during the first two months of 215 improved by more than 3% as compared to the same time last year. With limited new room supply in Osaka expected over 215, further improvement in hotel trading performance is forecast. 大阪のホテルマーケットについては引き続き上昇傾向にある 215 年初 2 ヶ月の RevPAR は前年同期比で 3% 以上の伸びを示している 215 年においては 大阪におけるホテルの新規供給も限定的であることから ホテルパフォーマンスの更なる上昇が予想される Total Number of Accommodation Guests in Osaka Prefecture by Accommodation Type / 大阪府宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 3 25 2 15 1 5 28 29 21 211 212 213 214 Source: Japan Tourism Agency / 出典 : 観光庁 Osaka Trading Performance (Luxury + Upscale) ADR/RevPAR (JPY) 2, 18, 16, 14, 12, 1, 8, 6, 4, 2, 27 28 29 21 211 212 213 214 YTD Feb 214 ADR RevPAR OCC / Source: Categorized by JLL s proprietary criteria based on STR Global s data 出典 :STR グローバルのデータを基に JLL 独自の基準で分類 OCC 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % YTD Feb 215
6 JLL Hotels & Hospitality Group Hokkaido & Kyoto 北海道及び京都 Hokkaido s Profile: With its natural attractions, such as powder snow and hot springs, Hokkaido attracts domestic and inbound tourists from Asia Pacific countries. 北海道 : パウダースノー 温泉等 自然の観光資源が豊富で 国内はもとより アジア パシフィック諸国の旅行者にも人気 Kyoto s Profile: As the original capital city of Japan, Kyoto is the one of the most popular tourism destinations in Japan among domestic as well as international tourists. 京都 : 日本の古都として 日本人及び外国人旅行者からも人気が高い 国内屈指の人気観光都市 Total Number of Accommodation Guests in Hokkaido Prefecture by Accommodation Type / 北海道宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 3 25 2 15 1 5 28 29 21 211 212 213 214 * 従業員数 1 人以上の宿泊施設 *Exclusive guests staying in hotel accommodation with less than ten employees Source: Japan Tourism Agency / 観光庁 Total Number of Accommodation Guests in Kyoto Prefecture by Accommodation Type / 京都府宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 16 14 12 1 8 6 4 2 28 29 21 211 212 213 214 * 従業員数 1 人以上の宿泊施設 *Exclusive guests staying in hotel accommodation with less than ten employees Source: Japan Tourism Agency / 観光庁
Hotel Market Update Japan 7 Fukuoka & Okinawa 福岡及び沖縄 Fukuoka s Profile: As the key city of the Kyushu region, Fukuoka enjoys both business and leisure tourism demand. Due to its proximity to East Asian countries, Fukuoka also attracts many inbound visitors. 福岡 : 九州の中心都市として ビジネス関連 レジャー関連の観光需要に恵まれており また東アジア諸国から近いこともあり 海外からの訪問者も多い Okinawa s Profile: Located in the south west of Japan, Okinawa is the most popular beach resort destination in Japan. Okinawa s unique culture attracts tourists throughout the year. 沖縄 : 日本の南西に位置し 日本において最も人気の高いビーチリゾートであり また 沖縄固有の文化は年間を通して旅行者を魅了 Total Number of Accommodation Guests in Fukuoka Prefecture by Accommodation Type / 福岡県宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 14 12 1 8 6 4 2 28 29 21 211 212 213 214 * 従業員数 1 人以上の宿泊施設 *Exclusive guests staying in hotel accommodation with less than ten employees Source: Japan Tourism Agency / 観光庁 Total Number of Accommodation Guests in Okinawa Prefecture by Accommodation Type / 沖縄県宿泊施設タイプ別延べ宿泊者数 Total Number of Guests (Million) / ) 2 18 16 14 12 1 8 6 4 2 28 29 21 211 212 213 214 * 従業員数 1 人以上の宿泊施設 * Exclusive guests staying in hotel accommodation with less than ten employees Source: Japan Tourism Agency / 観光庁
8 JLL Hotels & Hospitality Group Hotel Investment Market ホテル投資マーケット Recent Major Hotel Transactions / 最近の主要ホテル取引 Month Year Oct-14 Hotel Name Hotel Type Location # of City Perfecture Keys Best Western Shinjuku Astina Hotel Tokyo Limited-Service Shinjuku-ku Tokyo 26 Corporation Oct-14 Hotel Francs Full-Service Chiba-shi Chiba 222 Corporation Nov-14 Comfort Hotel Kitami Comfort Hotel Kurosaki Limited-Service Limited-Service Kitami-shi Kitakyushu-shi Hokkaido Fukuoka 127 151 Investment Fund (Singapore) Comfort Hotel Maebashi Limited-Service Maebashi-shi Gunma 153 Nov-14 Hotel MyStays Ochanomizu Limited-Service Chiyoda-ku Tokyo 142 J-REIT Conference Center Seller Type Buyer Type Price (JPY) S-REIT (Singapore) J-REIT and Investment Fund Investment Fund (USA) Corporation Nov-14 BlueWave Inn Sapporo Limited-Service Sapporo-shi Hokkaido 246 Corporation (South Korea) Dec-14 Hotel MyStays Asakusabashi Limited-Service Taito-ku Tokyo 138 Investment Fund (Singapore) S-REIT (Singapore) Hotel MyStays Kamata Ota-ku 116 2.6B Dec-14 Art Hotels Sapporo Full-Service Sapporo-shi Hokkaido 412 Hotel Operator Investment Fund (USA) Dec-14 Nest Hotel Sapporo Ekimae Limited-Service Sapporo-shi Hokkaido 162 Corporation (Singapore) Nest Hotel Sapporo Odori 117 Jan-15 the b Akasaka-mitsuke Limited-service Minato-ku Tokyo 122 Investment Fund (USA) the b Ikebukuro Toshima-ku Tokyo 175 the b Ochanomizu Chiyoda-ku Tokyo 72 the b Hachioji Hachioji-shi Tokyo 196 the b Hakata Hakata-ku Fukuoka 175 Jan-15 Feb-15 Hotel Vista Premio Kyoto Kawaramachi St. APA Hotel Yokohamakannai Limited-service Kyoto-shi Kyoto 84 Real Estate Company Limited-service Yokohama-shi Kanagawa 451 Investment Fund (Hong Kong) Feb-15 RIHGA Royal Hotel Kyoto Full-service Kyoto-shi Kyoto 482 Hotel Operator Investment Fund J-REIT J-REIT Investment Fund (USA) 8.B 3.325B 2.9B 3.2B 2.692B 2B 8.35B
Hotel Market Update Japan 9 (Continued from page 8) Month Year Hotel Name Hotel Type Location # of City Perfecture Keys Feb-15 Mojiko Hotel Full-service Kitakyushu-shi Fukuoka 134 Municipal governmentrelated Corporation Apr-15 Hotel Matsumasa Full-service (Ryokan) Yamaguchi Yamaguchi 89 Real Estate Company Apr-15 Hotel Mercure Yokosuka Full-service Yokosuka-shi Kanagawa 16 Real Estate Company Source: JLL, based on publicly available information / 出典 : 公表情報に基づき JLL 作成 Seller Type Buyer Type Price (JPY) Real Estate Company Corporate J-REIT 1.65B Japan Hotel REIT purchased a portfolio comprising five b hotels located in Tokyo and Fukuoka at the total price of JPY 2. billion in January 215. The REIT also completed the acquisition of Hotel Mercure Yokosuka in April 215. Fortress Investment Group purchased RIHGA Royal Kyoto in March 215. Fortress plans to close the hotel for seven months from February 216 to undertake a major renovation. Regional Economy Vitalization Corporation, a private equity fund sponsored by the Japanese government, announced to sale of Granvista Hotels & Resorts to Sankei Building and J-Will Partners. Granvista owns and/or operates various types of hospitality assets including Sapporo Grand Hotel, Sapporo Park Hotel and Kamogawa Seaworld. ジャパン ホテル リートは 215 年 1 月に東京及び福岡に所在する b ホテル 5 物件から成るポートフォリオを総額 2 億円で購入したのに続けて 4 月には メルキュールホテル横須賀 を購入した フォートレスは 3 月に リーガロイヤル京都 を購入した 216 年 2 月よりホテルを閉鎖した上で大規模改修を行う予定である ホテル資産取引リストには記載されていないが 地域経済活性化支援機構 ( 官営ファンド ) はグランビスタホテルズ & リゾートの経営権をサンケイビル及びジェイウィルパートナーズに譲渡すると公表した グランビスタは 札幌グランドホテル 札幌パークホテル 鴨川シーワールド を含む多様なホスピタリティ資産を所有 運営している Number of Hotel Asset Transactions / ホテル資産取引件数 12 1 8 6 Contributor 寄稿者 寺田八十一 Yasokazu Terada Executive Vice President Hotels & Hospitality Group Japan yasokazu.terada@ap.jll.com 4 2 24 25 26 27 28 29 21 211 212 213 214 215 Q1 / Q3 / Q2 / Q4 / Excluding transactions between related parties, such as those between a REIT and its sponsor / 関連会社間取引 (REIT 及びそのスポンサー間取引等 ) を除く Source: Publicly available data, JLL / 出典 : 公表情報および JLL
JLL s Hotels & Hospitality Group offices Atlanta Tel +1 44 995 21 Auckland Tel +64 9 366 1666 Bangkok Tel +66 2 624 64 Barcelona Tel +34 93 318 5353 Beijing Tel +86 1 5922 13 Brisbane Tel +61 7 3231 14 Buenos Aires Tel +54 11 4893 26 Chengdu Tel +86 28 668 5 Chicago Tel +1 312 782 58 Dallas Tel +1 214 438 61 Denver Tel +1 33 26 65 Dubai Tel +971 4 426 6999 Düsseldorf Tel +49 211 136 Exeter Tel +44 1392 423696 Frankfurt Tel +49 69 23 Glasgow Tel +44 141 248 64 Hong Kong Tel +852 2846 5 Istanbul Tel +9 212 35 8 Jakarta Tel +62 21 2922 3888 Leeds Tel +44 113 244 644 London Tel +44 2 7493 64 Los Angeles Tel +1 213 239 6 Lyon Tel +33 4 78 89 26 26 Madrid Tel +34 91 789 11 Manchester Tel +44 161 828 644 Marseille Tel +33 4 95 9 13 13 Melbourne Tel +61 3 9672 6666 Mexico City Tel +52 55 598 854 Miami Tel +1 35 529 6345 Milan Tel +39 2 8586 8672 Moscow Tel +7 495 737 8 Munich Tel +49 89 29 8882 New Delhi Tel +91 124 331 96 New York Tel +1 212 812 57 Paris Tel +33 1 455 1718 Perth Tel +61 8 9322 5111 Rome Tel +39 6 42 671 São Paulo Tel +55 11 343 69 San Francisco Tel +1 415 395 49 Shanghai Tel +86 21 6393 3333 Singapore Tel +65 6536 66 Sydney Tel +61 2 922 8777 Tokyo Tel +81 3 551 924 Washington D.C. Tel +1 22 719 5 www.jll.com/hospitality Jones Lang LaSalle Property Consultants Pte Ltd CEA Licence No. L37326E 215 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.