Mirai's (TYO:3476) sales at its five Smile Hotels with variable rent slipped 6% on year to 167 million yen in July, with the occupancy rate at 86%.
Average daily rate edged up 2% to 8,546 yen, while revenue per available room (RevPAR) slid 1% to 7,316 yen, according to a Tuesday filing on the Tokyo Stock Exchange.