Mirai's (TYO:3476) sales at its five Smile Hotels with variable rent fell 10% year on year to 173 million yen in August, with the occupancy rate at 87%.
Average daily rate was down 7% to 8,296 yen, while revenue per available room (RevPAR) declined by 10% to 7,205 yen, according to a Friday filing on the Tokyo Stock Exchange.
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