Properties
Hotel MyStays Asakusabashi
1-5-5 Asakusabashi, Taito-Ku, Tokyo
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139
Guest Rooms -
564 sq m
Land Area
Hotel MyStays Asakusabashi is just a 2-minute walk from JR Asakusabashi Station, the hotel offers excellent connectivity, with direct access to Narita and Haneda airports via the Toei Asakusa Line. Near the historic Asakusa district, home to Sensoji Temple and traditional markets, and the dynamic Akihabara area, the hotel is an ideal base for travellers. The hotel offers a range of comfortable rooms, including the Japanese Modern Room, which features a warm, minimalist design inspired by traditional Japanese aesthetics. All rooms include complimentary Wi-Fi, air conditioning, and memory foam pillows for added comfort. Guests also benefit from a 24-hour on-site store.
Hotel MyStays Asakusabashi offers complimentary laundry, ensuring convenience for extended stays. The hotel is well-equipped to cater to the needs of diverse travellers, offering a blend of modern amenities and easy accessibility to enhance their stay in Tokyo.
Property Details [ – ]
Number of guest rooms | 139 |
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Other facilities: | 1 convenience store |
Car park facilities | 6 car park lots |
Land area | 564 sq m |
Title | Freehold |
Purchase price at 19 December 2014 | ¥3.20 billion |
Valuation (1) as at 31 December 2024 | ¥6.10 billion |
Hotel Management Agreement Details [ – ]
Operator | MyStays Hotel Management Co., Ltd. |
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Term of Hotel Management Agreement | 3-year auto-renewed basis, unless terminated with notice |
FY 2024 Key Financials [ – ]
Gross Hotel Revenue | S$5.5 million (2) (¥625.2 million) |
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Net property income | S$2.8 million (2) (¥321.2 million) |
- (1)The property was valued by Cushman & Wakefield K.K. using a combination of the Capitalisation and Discounted Cash Flow approaches.
- (2)Based on the average exchange rate of S$1.00 = ¥113.64.
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