This English translation is provided for information purposes only. If any discrepancy is identified between
this translation and the Japanese original, the Japanese original shall prevail.
May 25, 2020
REIT Issuer:
Japan Hotel REIT Investment Corporation (TSE code: 8985)
Kaname Masuda, Executive Director
Asset Management Company:
Japan Hotel REIT Advisors Co., Ltd.
Hisashi Furukawa, President & CEO
Contact:
Makoto Hanamura
Executive Director
Head of Planning Group, Operations Division
TEL: +81-3-6422-0530
Notice Concerning Details of Unitholder Benefits Program for FY2020
Japan Hotel REIT Investment Corporation (hereinafter called “JHR”) informs you of the details of the Unitholder
Benefits Program for FY2020 (hereinafter called the “Benefits Program”) as follows.

1.

Details of the Benefits Program(1) Eligible Unitholders
Unitholders who hold ten or more JHR units and whose names are stated and recorded on Unitholders’Registry of JHR as of June 30, 2020 (base date).
The last trading day of the investment units with right to the Benefits Program at the Tokyo Stock
Exchange is scheduled to be June 26, 2020.
(2) Eligible Persons
Coupons can be used by persons other than unitholder.
(3) Details of the Benefits Program
JHR sends 5 discount coupons for hotel accommodation, which offers 10% discount from “best rates,” (thelowest price for no-meal overnight stay with no condition as offered in the official websites of each hotels
which offer benefits program) (called as “regular rates” at Sheraton Grand Hiroshima Hotel) and 5
discount coupons for restaurant which offers 10% discount from the charged amount (hereinafter called the“Complimentary Coupon”).
(4) Date of Dispatch
The Complimentary Coupon will be sent in late September 2020 (scheduled).
(5) Period of Validity of Complimentary Coupons
The Complimentary Coupon can be used from October 1, 2020 through September 30, 2021. Reservations
can be made after the Complimentary Coupon has been received.

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(6) Applicable Hotels
Hotel (*1)
Kobe Meriken Park Oriental Hotel
Oriental Hotel tokyo bay
Namba Oriental Hotel
Hotel Nikko Alivila
Oriental Hotel Hiroshima
Okinawa Marriott Resort & Spa
Sheraton Grand Hiroshima Hotel

Location
Kobe City, Hyogo
Urayasu City, Chiba
Osaka City, Osaka
Nakagami-gun,
Okinawa

Accommodation○○○○

Restaurant (*2)○○
Not applicable○

Hiroshima City,Hiroshima○○(Partially notapplicable)○○

Nago City, Nago○
Hiroshima City,○
Hiroshima
Oriental Hotel Fukuoka Hakata Station
Fukuoka City,
Not applicable○Fukuoka
Holiday Inn Osaka Namba
Not applicable
Osaka City, Osaka○
Hilton Tokyo Narita Airport
Narita City, Chiba○○
International Garden Hotel Narita
Narita City, Chiba○○
Hotel Nikko Nara
Nara City, Nara○○
Hilton Tokyo Odaiba
Minato-ku, Tokyo○○
Hotel Oriental Express Osaka Shinsaibashi
Osaka City, Osaka○
Not applicableibis Tokyo Shinjuku
Shinjyuku-ku, Tokyo○○
ibis Styles Kyoto Station
Not applicable
Kyoto City, Kyoto○
ibis Styles Sapporo
Sapporo City,
Not applicable○
Hokkaido
Mercure Sapporo
Sapporo City,○○
Hokkaido
Mercure Okinawa Naha
Naha City, Okinawa○○Mercure Yokosuka
Yokosuka City,○○
Kanagawa(*1) Some of the hotels are temporary suspending their operations in their efforts to prevent the spread ofCOVID-19. Please see the official websites of each hotel for the latest information of each hotel.
(*2) Please see websites of JHR for the restaurants eligible for the Benefits Program. The restaurants
eligible for the Benefits Program is subject to change later without notice, so please contact eachhotel for further information.
(7) Details and Conditions for Accommodation Use
 The Complimentary Coupon cannot be used when a reservation was made through the official websitesof each hotel, websites managed by third parties or via travel agents, etc.
 For details of how to make a reservation using the Complimentary Coupon, please check theComplimentary Coupon.
 Please note that reservations may not be taken when guest rooms are fully booked.
 For conditions for accommodation use, such as the number of night that guests can stay by using one
Complimentary Coupon, an accommodation capacity of guest rooms, or blackout dates, please check thewebsites of JHR.
(8) Details and Conditions for Restaurant Use One Complimentary Coupon is valid for one payment up to four people (children of preschool(elementary school) age are not applicable. A part of the hotels is excluded.) One Complimentary Coupon can be used for one dining at the restaurant.
 Please note that the Complimentary Coupon may not be taken for certain entertainment, event, some ofthe services or menu items. Please contact each hotel directly for further information.

22.

Personal Information of the Complimentary Coupon Users
The personal information of the coupon users obtained by JHR, its asset management company, and hotel(s)through the Benefits Program will be used for the purpose of the Benefits Program only, and it will not be used
for other purposes.

3.

Others Please note that rates or conditions of other accommodation plans may be advantageous than those of theComplimentary Coupon depending on the timing of reservations or usage conditions.
 Please note that the Complimentary Coupon will not be reissued when lost or stolen, etc.
 Implementation, details, etc. of the Benefits Program are subject to change later.

4.

Supplemental Explanation of the Benefits Program
The discount rate for accommodation at part of the hotels was changed from “50% discount from rack rate” to“10% discount from best rate” since FY2017.
While hotel accommodation price changes daily depending on the status of booking, the rack rate is fixed for acertain period. Therefore, under the prior Benefits Program, “50% discount from the rack rate” could be more
expensive than the market accommodation rate, depending on the day.
In order to solve this matter and make the Benefits Program more attractive, we changed it to “10% discountfrom best rate,” which offers the lowest price for customers who use the Benefits Program at any day (Note).
(Note) Reservations through websites managed by third parties, a part of packaged plans offered by travel
agents, tours, events, etc. are excluded.

5.

Contact Details for Inquiries on the Benefits Program
Asset management company: Japan Hotel REIT Advisors Co., Ltd.
Phone number: +81-3-6422-0530
Reception hours: 9:00 a.m. to 5:00 p.m. on weekdays except for holidays, year-end and New Year holidays, etc.
*Website of Japan Hotel REIT Investment Corporation: https://www.jhrth.co.jp/en/*Details of the Benefits Program:
https://www.jhrth.co.jp/en/individual/stockholder.html

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