Asia -  Osaka, Japan

Osaka, the second-largest metropolitan area in Japan, also saw record numbers of visitor arrivals, pushing marketwide occupancies by over 10% from 2013 levels. Average rate during this period (2013 to 2015) saw a staggering 35% increase in Yen terms and a 10% in USD terms. Mirroring the trend in Tokyo, transactions picked up momentum in Osaka as well. As per the HVI, Osaka exhibited an approximate 33% increase in valuation in local currency and 16% in USD terms.

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: Less than -10%

Osaka RevPAR Change

Osaka RevPAR

Year RevPAR
2013 103.74
2014 114.75
2015 124.49
2016 135.20
2017 (f) 143.34
2018 (f) 144.65

For more information, please contact:

Hok Yean CHEE
hychee@hvs.com
  • +65 6730-6308 (w)
  • +65 9686-6218 (m)
Ho Mei Leng
mlho@hvs.com
  • +65 6730-6300 (w)
  • +65 9620-2511 (m)