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Tourists flocking to Tokyo hotels despite rising prices- Nikkei Asian Review

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80% range seen as near full occupancy -- even as hotels hike rates, though recent data shows signs of a downtrend.</p><p>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.</p><div class="page_limit free"></div><div class="page_limit"></div><p>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.</p><p>Average occupancy at the 18 hotels fell on the year for a second straight month in March, sliding 2.4 points to 84%. Tokyo Prince Hotel was one of the 11 hotels that were emptier, with occupancy sinking 2.1 points to 80.9%. It had&nbsp;focused on boosting average room rates by attracting higher-paying individual guests rather than groups.&nbsp;Keio Plaza Hotel Tokyo, where occupancy dropped 5.6 points to 86%, raised prices to boost profitability.</p><p>Average occupancy at 12 top Osaka hotels fell 1.3 points to 90.8% in March, the first decline in four months. Higher prices and trouble securing reservations may have led travelers to seek accommodations outside the city.</p><p>Tokyo hotels are starting to feel the impact of last month's earthquakes in Kyushu. Hotel Okura Tokyo saw cancellations by groups of guests from Europe after the quakes.</p><p>(Nikkei)</p> </div> </div> <div id="modal-screen_zoom"></div> </div> <div class="pagination no-border"></div> <div class="related-list"> <p class="related-header">Related stories</p> <ul class="point-list"> <li><a href="/web/20160505054726/http://asia.nikkei.com/Business/Deals/Hulic-to-buy-Tokyo-hotel-in-record-deal">Hulic to buy Tokyo hotel in record deal</a></li> <li><a href="/web/20160505054726/http://asia.nikkei.com/Tech-Science/Tech/Theme-park-s-robot-kingdom-seeks-to-upend-Japan-s-service-industry">Theme park&#039;s &#039;robot kingdom&#039; seeks to upend Japan&#039;s service industry</a></li> </ul> </div> <div class="OUTBRAIN" data-src="https://web.archive.org/web/20160505054726oe_/http://asia.nikkei.com/Markets/Property/Tourists-flocking-to-Tokyo-hotels-despite-rising-prices" data-widget-id="AR_1" data-ob-template="Nikkei_Asian_Review_EN"></div> <script type="text/javascript" async="async" src="https://web.archive.org/web/20160505054726js_/http://widgets.outbrain.com/outbrain.js"></script> <div class="link-box GCCMD_removeall"> <!-- Follow Nikkei Asian Review --> <h2 class="title">Follow Nikkei Asian Review</h2> <div class="follow-nar"> <dl> <dt><div class="fb-like" data-href="https://www.facebook.com/nikkeiasianreview/" data-layout="button_count" data-action="like" data-show-faces="false" data-share="false"></div></dt> <dd class="Facebook">The best content posted</dd> <dt class="Twitter"><a href="https://web.archive.org/web/20160505054726/https://twitter.com/NAR" class="twitter-follow-button" data-show-count="false">Follow @NAR</a> </dt> <dd class="Twitter">The latest headlines tweeted</dd> </dl> </div> </div> </div> <script type="text/javascript"> <!-- cms_section = 8; 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