Tuesday, January 25, 2011

Alchemy Japan KK Announces its Japanese Leisure Hotels’ 2010 Earnings Results

Tokyo, Japan (Hospitality Business News) January 24, 2011 – Alchemy Japan’s Japanese Leisure Hotels reported: an EBITDA of ¥564 million, a 10% improvement on the previous year, and a Net income of ¥909 million being a 9% growth on net income for 2009. Sales grew to ¥2.036 billion, a 4.3% increase on 2009. Revenue growth was led by an 18% increase in customer numbers as 2010 average Occupancy Rate (OCR) reached 257%.

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