Despite Rising Prices, Tourists Are Flocking To Tokyo Hotels

Above, Tokyo Tower. Photo by Armand Vaquer.

Japan's hotels are thriving these days even though prices for Tokyo hotels are climbing.

According to Nikkei Asian Review:

TOKYO -- Average occupancy at 18 major Tokyo hotels edged up 0.1 percentage point to 83.8% in the year ended in March -- staying in the 80% range seen as near full occupancy -- even as hotels hike rates, though recent data shows signs of a downtrend. 

Occupancy declined at 11 hotels and rose at seven, a Nikkei Inc. survey shows. At least 10 hotels saw average daily room rates climb 10% or more, with three more enjoying growth in the 9% range. 

Palace Hotel Tokyo's occupancy slipped 2.4 points to 77.9%, while average room rates jumped roughly 15%. The hotel focused on service quality rather than guest numbers, including offering higher-quality food at the club lounge.

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