Tag: "Hotel"

Residence-typed ‘Hyatt House Tokyo Shibuya’ will open in newly developed commercial complex ‘Shibuya Sakura Stage’ in the spring of 2024.

the total number of Japanese guest nights in December 2022 (provisionally) was up 5.8% year on year to 41 million, and international guest nights were up 1695.8% year on year to 5.9 million.

Italy-born ‘Albergo Diffuso,’ developing the whole village or city as a hotel, certificated Minobu, Yamanashi Prefecture, Zao, Miyagi Prefecture, Hachimandaira, Iwate Prefecture and Hirado City in Nagasaki Prefecture in Japan as startup operators.

Hotel Okura, one of the luxury hotel group in Japan, announced that ‘the Okura Resort Muscat’ will open in Muscat, the capital of Oman, in 2027.

According to Japan Finance Corporation (JFC)’s survey, 76.6% of the surveyed companies said that purchase cost has risen over the last year, and for the next year, 92.2% said that purchase cost will continue rising.

JTB has developed ‘JTB Data Connect HUB’ connecting property management system (PMS) for accommodation with a variety of business support solutions.

The occupancy rate of 116 hotels in Kyoto City in October 2022 was up 9.3 points over September 2022 or up 24.9 points over October 2021 to 63.7%. Japanese guest nights in October 2022 totaled 533,611, which was 12.4% more nights than September 2022.

Labour shortage of full-time employees was seen in 65.4% of hotels and ryokans (51.1% on average), and labour shortage of part-time employees in 75% of hotels and ryokans (31% on average). , according to the latest Teikoku Databank’s survey.

The total number of Japanese guest nights in September 2022 (provisionally) was up 70.5% year on year to 38.3 million, which were 5.4% fewer guests nights than the same month in 2019. The occupancy rate was 46.9% overall.

45% of about 800 targeted hotels and ryokans in Japan are expected to increase annual revenue for FY2022, according to Teikoku Databank. the most challenge to full-scale recovery is labor shortage in the hospitality industry

The latest Teikoku Databank survey finds that the ratio of companies suffering labour shortage reached 50.1% as of September 2022, which was the largest ratio since the pandemic began.

The total number of Japanese guest nights in August 2022 (provisionally) was up 49.8% year on year to 46 million, which were 14.5% fewer guests nights than the same month in 2019, and the occupancy rate was 50.1% overall, higher than 47.8% in July 2022.

Payn, a Japanese startup, has released bata ‘Payn’ to automatize a billing service for hotels or restaurants which have troubles with recouping cancellation fees, financing 90 million JPY from two investors.

the total number of Japanese guest nights in July 2022 (provisionally) was up 29.4% year on year to 38 million, and the occupancy rate was 46.7% overall, 16.6 lower points than 2019.

Banyan Tree Hotels & Resorts opened Garrya Nijo Castle Kyoto and Dhawa Yura Kyoto on June 17 2022. Ho Kwon Ping, Banyan Tree founder and Executive Chairman, said , “The new hotels in Kyoto are reflected by local lifestyles. I am sure they will succeed.”

ikyu.com, a luxury accommodation OTA of Japan, launched its original SNS ‘YADOLINK' to create a user community, giving them functions to find high quality stay experiences through posted photos.

OYO Japan will change its corporate and brand names to ‘Tabist,’ including ‘OYO Ryokan,’ on April 1 2022. Ryota Tanozaki, OYO Japan President, explained the reasons and its new strategy for Japan market.

ANA X, a ANA Group company, has started a trial for multi-habitation subscription service, which offers ‘living in a luxury hotel for a short period’ on a monthly or weekly base. 42 luxury hotels nationwide are available for the service.

The total number of guest nights in December 2021 was up 4% to 39.5 million compared to December 2019 or up 33.8% year on year, and the occupation rate was 46.9%, 11.8 lower points than December 2019.

According to Teikoku Data Bank survey, bankruptcies of hotels and ryokans in Japan reduced from 118 in 2020 to in 2021, but he ratio of interest-bearing debt to monthly sales rose largely to 30.13 times as of December 2021.