Tokyo Tops Japan at 73.6% Occupancy: March 2026 Prefecture Ranking, With Tokyo Business Hotels Near 80%A · FULL TRANSLATION
# occupancy rate# prefecture ranking# Tokyo hotels# business hotels# lodging location
Key Points
- National average occupancy 59.4% in March 2026; Tokyo leads at 73.6%, then Osaka 70.5%, Fukuoka 70.0%, Chiba 69.5%
- Tokyo breakdown: business hotels 79.1%, city hotels 76.8% drive demand; ryokan 53.6%, resort 46.8%, minshuku 47.8% lag
- Top ranks are metros and core tourism prefectures; Nagano lowest at 36.6% — demand is highly centralized, location is everything
- Tokyo leads but is down 2.9% YoY and Osaka -7.5% — hot spots still hot but cooling from last year's peak
Analysis
While national lodging demand softened for two months, the occupancy-rate ranking is the map that matters most for hotel investors. JTA's March 2026 data puts Tokyo first at 73.6%, followed by Osaka (70.5%) and Fukuoka (70.0%). Zooming into Tokyo: business hotels hit 79.1% and city hotels 76.8% — among the hottest lodging markets in the country.
