KODACHIDEVELOPMENT

KODACHI / LAND, LIFE & EVIDENCE

Visitor growth is not accommodation profit: supply, occupancy and costs

Visitor numbers, room occupancy, revenue and profit measure different things. Demand growth alone cannot establish a property’s financial outcome without supply and operating costs.

KODACHI DEVELOPMENT Editorial Team
Published and sources checked: 9 November 2026

A framework for the decision

  1. 01Demand and room supply
  2. 02Available nights and rates
  3. 03Operating and renewal costs

Editorial diagram. Confirm the sequence and responsibilities for the individual project.

01 / INSIGHT

Compare the right accommodation type

Final 2025 occupancy was 60.3% overall, 66.6% for resort hotels and 34.7% for simple accommodation in Okinawa. Tokyo figures were 76.3%, 56.5% and 48.6%. These category averages are not forecasts for a whole-home rental.

EVIDENCE / 19

Compare the evidence

2025 final room occupancy by establishment type. These are not forecasts, profit margins or investment yields for a whole-home villa.

Charts and tables can be scrolled horizontally.

Room occupancy (%) · 2025

OkinawaTokyo
Room occupancy (%) · 20250.050.0100.0Okinawa / 1: 60.3Okinawa / 2: 43.6Okinawa / 3: 66.6Okinawa / 4: 77.2Okinawa / 5: 68.2Okinawa / 6: 34.7Tokyo / 1: 76.3Tokyo / 2: 41.7Tokyo / 3: 56.5Tokyo / 4: 81.5Tokyo / 5: 77.2Tokyo / 6: 48.6123456
View the data table
ItemOkinawa %Tokyo %
1 / All types60.376.3
2 / Ryokan43.641.7
3 / Resort hotels66.656.5
4 / Business hotels77.281.5
5 / City hotels68.277.2
6 / Simple accommodation34.748.6

Download CSV ↓

Chart compiled from the cited original tables. Values are available below and in the CSV.

観光庁・2025年宿泊旅行統計確定値

02 / INSIGHT

Identify the available inventory

More rooms can redistribute the same demand. Establishment counts differ from room counts, and maintenance or owner use removes saleable nights. Compare official supply information with the room inventory and operating model of relevant competitors.

03 / INSIGHT

Keep the cost calculation visible

After room nights and rates, separate sales commissions, cleaning, utilities, management, maintenance and replacement. Discuss tax, financing and accounting with appropriate professionals. Market statistics cannot promise a yield or capital appreciation.

Before the consultation

ItemWhat to establish
DemandKeep arrivals separate from guest nights.
SupplySeparate establishments, rooms and available nights.
CostDistinguish fixed, usage-related and replacement costs.

Sources and authorities

Original publications are in Japanese. Confirm property-specific conditions with the responsible authority.

  1. 観光庁・2025年宿泊旅行統計確定値
  2. 観光庁・宿泊旅行統計と調査方法

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