Asia -  Osaka

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 137.80
2017 128.22
2018 (f) 128.44
2019 (f) 129.45
2020 (f) 137.13

For more information, please contact:

Hok Yean CHEE
[email protected]
  • +65 6730-6308 (w)
  • +65 9686-6218 (m)
Ho Mei Leng
[email protected]
  • +65 6730-6300 (w)
  • +65 9620-2511 (m)
Jeremy Teo
[email protected]m
  • +65 6730-6307 (w)
  • +65 9190-1991 (m)