News
JTB ended FY2020 with the worst deficit of 105 billion JPY, but it has confidence to move back into the black in FY2021
JTB posted the record-high net loss of 105.2 billion JPY for FY2020, deadly hit by the pandemic, but it has expected to move back into the black for FY2021, anticipating recovery of travel demands and acceleration of the cost cut efforts.
A Japanese bus operator develops a campaign to pay 1,000 JPY back to a vaccinated traveler
Heisei Enterprise, a Japanese sightseeing bus operator, will launch a campaign to pay 1,000 JPY back to a completely vaccinated traveler.
Ten Marriott group hotels in Japan, including The Ritz-Carlton Tokyo, begins selling ‘to-go’ menus of their restaurants
Ten Marriott group hotels in Japan, including The Ritz-Carlton Tokyo or W Osaka, have begun selling ‘to-go’ menus of their restaurants.
Japanese experience booking service Vertra launches crowd funding to provide tourism operators with marketing opportunities
Vertra, a Japanese in-destination experience booking service, has launched tourism-specific crowd funding to provide tourism operators with marketing opportunities in preparation for demand growth after COVID-19.
ANA will launch a virtual travel platform in 2022 to offer avatar-based travel and shopping experiences
ANA will establish a new company ‘ANA NEO’ to develop and operate a virtual travel platform ‘SKY WHALE,' which consists of ‘Sky Park,’ ‘Sky Mall’ and Sky Village’ services, taking advantage of avatar robot ‘newme’ developed by ANA Group venture company avatatin.
Domestic travel consumption of Japanese travelers halved to 1.6 trillion JPY in Q1 of 2021
Domestic travel consumption by Japanese travelers was down 50.1% year on year to 1.6 trillion JPY in the first quarter of 2020 under the second declaration of a state of emergency, as Japanese domestic travelers was also down 46.1% to 50 million.
More than 40% of accommodation operators in Japan suffered a 70% or more decrease in bookings in 2021 over 2019
The ratio of accommodation operators suffering a 70% or more decrease in bookings over 2019 was 42.3% in January, 43% in February, 31% in March, 42.3% in April and 47.2% in May, according to Japan Tourism Agency's survey.
JR East, a railway company in Japan, extends a sharing office network nationwide, adding working spaces in hotels and a government building
JR East, a railway company covering eastern Japan, is extending its sharing office service ‘STATION WORK’ network, adding personal working space ‘STATION BOOTH’ in a government building.
Prince Hotel begins selling a PCR test-packaged plan for Japanese guests, giving a special coupon to a negative guest
Prince Hotel will sell a PCR test-packaged plan in the limited period between May 21 and July 21 2021, offering a special coupon for hotel facilities to a negative guest.
KNT-CT issues preferred share to raise 40 billion JPY to avoid excessive debt, putting priority on online selling and a membership business
KNT-CT will issue preferred share to its parent company Kintetsu Group Holdings and others to raise 40 billion JPY in total to avoid excessive debt, posting net loss of 14.8 billion JPY for FY2021.
Rosewood will open its first New World hotel in Japan in Niseko, Hokkaido, in 2023
New World La Plume Niseko Resort will open in Niseko, Hokkaido in 2023, managed by New World Hotels & Resorts, providing 224 rooms and suites with kitchens and outdoor baths for long-stay guests.
Japanese guest nights in March 2021 were up 18% over a year ago, but remained half over two years ago
The number of Japanese guest nights was up 18.2% to 26.9 million in March 2021 compared to March 2020, and the average occupancy rate was 34.3%, improving from 26.9% in February.
JAL draws up a new medium-term management plan to restore profit to the pre-pandemic level in FY2023, focusing on ESG strategy
JAL has drawn up a new FY2021-FY2025 medium-term management plan to restore EBIT to 170 billion JPY in FY2023 and to about 185 billion JPY in FY2025, primarily focusing on Business Strategy, Finance Strategy and ESG Strategy.
Tourist destinations in Japan offer online contents for the future real travel during a week-long Golden Week holiday period
Many tourist destinations, including foreign tourism boards, have offered online travel contents you can feel like going out at home during a week-long Golden Week holiday period.
JAL plunges to the largest deficit of 286.6 billion JPY for FY2020, suffering a considerable decrease in passengers
JAL posted the largest deficit of 286.6 billion JPY for FY2020 ended March 31 2021 since the bankruptcy in 2010, as it reduced international passenger revenue by 67.2% and domestic passenger revenue by 67.2%.
Japan Tourism Agency gives an additional support of 100 billion JPY to lodging services for health protocol and Workcation
Japan Tourism Agency gives an additional financial supports of 100 billion JPY to lodging services for more enhanced health protocol and new developments for Workcation.
ANA Group accelerates ESG management, setting a new goal of practical zero emission in 2050
ANA Group sets new goals to reduce CO2 emission from aircraft operations to less than the FY2019 level in 2030 and practical zero in 2050, accelerating its ESG management.
New Shangri-La will open in the neighborhood of Nijyojyo, Kyoto City in December 2024
Shangri-La will open ‘Shangri-La Kyoto Nijyojyo (provisional name)’ in December 2024, located north side of World Heritage Nijyojyo, in cooperation with Samty Group, a real estate company.
ANA posts record-high deficit of 404.6 billion JPY for the full year of FY2020 with a 96% decrease in international passengers
Hit by COVID-19 pandemic, ANA Holdings fell into record-high deficit of 404.6 billion JPY for the full year of FY2020, but it is expected to ensure net profit of 3..5 billion JPY for FY2021, hoping domestic flight demand will recover to a normal level in the end of FY2021.
Domestic travelers in Japan are expected to double to 9.5 million in this year’s Golden Week, but to remain a 60% reduction over 2019
Domestic travelers are expected to reach 9.5 million in this year’s Golden Week period between April 25 and May 5, about 1.9 times more travelers than a year ago, and travel consumption is expected to amount to 306.9 billion JPY in total, about 2.1 times more consumption than a year ago.