Tag: "BusinessResult"
43 Japanese major travel companies still struggled with a 33% decrease in sales in August 2024 over 2019
Sales of 43 major travel companies in August 2024 were up 1.8% year on year to 323.4 billion JPY, but was still down 32.5% compared to the same month of 2019. Sales and customers of package tours continued reducing a lot.
43 Japanese major travel companies still struggled with a 27% decrease in sales in June 2024 over 2019
Sales of 43 major travel companies in June 2024 were up 2.7% year on year to 291.7 billion JPY, but the monthly result was down 26.6% compared to the same month of 2019. Sales in overseas travel were still down 37.3% compared to June 2019.
Total revenue of hotels and ryokans in Japan is expected to reach record-high in FY 2024, as 53% said that they are right on track for better businesses
According to The Teikoku Data Bank (TDB)’ survey, total revenue of hotels and ryokans in Japan in FY2023 ending March 31 2024 is expected to reach 4.9 trillion yen, almost the same revenue as FY2019.
Total sales of 43 Japanese major travel companies in March recovered to a 6% decrease over 2019
Sales of 43 major travel companies in March 2024 were down 6.1% to 421.2 billion JPY compared to the same month of 2019. Sales in overseas travel were up 65.6% year on year to 116.7 billion JPY, but the result was still down 33.1% compared to March 2019.
JAL achieved considerable increases in both revenue and profit for FY2023, carrying 1.5 times more international flight passengers
JAL increased revenue by 20.1% year on year to 1652 billion yen for FY 2023 ended March 31 2024, 19.2% more than even FY2019, carrying 1.5 times more international flight passengers.
ANA posted record-high operating income for FY2023 with more international passenger revenue than domestic passenger revenue for the first time
ANA Holdings considerably increased operating revenue for FY2023 ended March 31 2024 to 2,056 billion yen because of strong air travel demand after the pandemic. International passenger service revenue surpassed domestic passenger service revenue.
The most Japanese ski resorts for the last decade went bankrupt in 2023 due to shortage of snow
Bankruptcies of ski resorts in Japan increased from three in 2022 to seven in 2023, which were the most bankruptcies in the last decade due to unprecedented warm winter and shortage of snow.
ANA revises the full-year financial forecast upward, considerably increasing revenue from passenger flight business
ANA has revised upward the full-year financial forecast for FY2023 ending March 31 2024 because it has successfully earned higher-fare passengers on international flights and increased leisure travelers on domestic flights.
Narita Airport recovered international flight passengers to 70% of the pre-pandemic level in 2023 due to surge in inbound travelers
Narita International Airport passengers in 2023 was up 12% year on year to 32.7 million, out of which international flight passengers were up 77% to 25 million. Inbound travelers were up 270% year on year to 16 million (down 12% over 2019).
JTB posted the first half-year operating income in the past four years, increasing all travel business segments
JTB achieved the first half-year operating income in the past four years for the first half of FY2023 due to recovery of all travel business, posting 8.7 billion JPY, improving from operating loss of 4.7 billion JPY a year ago because of well-recovery of the travel business.
Total sales of 43 Japanese major travel companies in September 2023 decreased by 27% over 2019
Sales of 43 major travel companies in September 2023 were down 26.9% to 316 billion JPY compared to the same month of 2019. The top was JTB Group with sales of 110 billion JPY (down 23%), followed by NTA with 34 billion JPY (down 16.7%).
182 amusement parks and theme parks in Japan totally turned profitable in 2022 for the first time in the last three years
Sales of 182 amusement park and theme park operators in Japan in FY2022 increased by 48.7% year on year to 760.3 billion JPY in total. The top in terms of sales was Oriental Land, operator of Tokyo Disney Resort, with 410.5 billion JPY.
JAL revises the full-year financial forecast upward due to better recovery of international passenger flights than initially expected
JAL Group resulted in more revenue, EBIT and net profit for the first half of FY2023 than the same period of FY2019 and has revised the full-year financial forecast upward.
ANA decides to pay a dividend for the first time in five years, posting record-high revenue and operating income for the first half of FY2023
ANA Holdings posted record-high operating revenue and operating income for the first half of FY2023 (April 1 to September 30) and has decided to pay a dividend of 30 JPY for the first time in five years.
Total sales of 43 Japanese major travel companies in July 2023 were still down 30% over 2019
Sales of 43 major travel companies in July 2023 were down 29.4% over 2019 to 289.2 billion JPY. Sales in inbound travel recovered to a 14.4% reduction to 15.5 billion JPY.
TOYOTA offers a new telework style ‘Ele-Work’ using an electric car, partnering a subscription-based multi-living places solution provider
TOYOTA Motor has started a campaign to experience ‘Ele-Work,’ a new telework style, together with ADDress, a subscription-based multi-place living solution provider.
Airbnb hosts in Japan earn 745 million JPY with 67,000 guests in total in local areas without hotels
Airbnb revealed that more than 67,000 guests stayed in its listings in local areas without hotels in Japan, by which Japanese hosts earned more than 745 million JPY ($5.2 million) in total so far.
Total sales of 43 Japanese major travel companies in FY2022 were two-third of FY2019
Sales of 43 major travel companies in FY2022 ended March 31 2023 doubled year on year or decreased by 36.3% over FY2019 to 2.9 trillion JPY in total. Sales in domestic travel recovered to a 6.5% reduction to 2.4 trillion JPY compared to FY2019.
HIS, a Japan’s leading travel company, says, “We can see exit of the long tunnel,” with a large decrease in mid-term deficit
HIS succeeded in increasing sales considerably and shrinking deficit in the first six months of FY2023. The core travel business increased sales to 79.7 billion JPY from 23.5 billion JPY a year ago.
JTB successfully made a profit for FY2022 for the first time in the past three years, mostly driven by domestic travel
JTB succeeded in making a profit for FY2022 ended March 31 2023 for the first time in the past three years, posting operating income of 33.6 billion JPY. For FY2023, JTB has forecasted sales will further increase by 12.8% year on year to 1,103 billion JPY.
