Travel Sectors
KNT-CT considerably improved sales for the first nine months of FY2021 due to an increase in non-travel businesses
KNT-CT Holdings increased sales for the first nine months of FY2021 (April to December 2021) by 71.4% year on year to 104.9 billion JPY because it succeeded in increasing sales of non-travel businesses.
ANA begins serving Travel Ready pre-flight verification for international flights to U.S., Europe and China
ANA has just begun receiving required COVID-19 certifications and other documents for its ANA Travel Ready service on 20 flights on 19 routes in total from Tokyo Haneda and Tokyo Narita to the U.S., Europe and China.
Japan Tourism Agency subsidizes ‘development of sustainable tourism’ for local regions
Japan Tourism Agency subsidizes sustainable tourism contents development program to supports part of expenses on facility development or purchases of goods necessary for sustainable tourism.
Bankruptcies of hotels and ryokans in Japan reduced in 2021, while the ratio of interest-bearing debt to monthly sales exceeded 30 times
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.
JAL Group dose not change yearly financial forecast despite uncertain influences by Omicron variant
JAL Group announced better financial results for the first nine months of FY2021, boosted by well-recovery of domestic passenger demands and high international cargo operations.
ANA Holdings resulted in the first operating income in the last eight quarters, boosted by better domestic passenger and cargo
ANA Holdings resulted in the first operating income in the last eight quarters, posting operating income of 100 million JPY for the Q3 of FY2021, boosted by domestic passenger flights and international cargos.
Sales of amusement and theme parks in Japan halved in the last fiscal year
sales of 167 amusement and theme parks in Japan reduced by 50.5% year on year to 425.5 billion JPY in total in FY2020. Top profitable park was Oriental Land operating Tokyo Disney Resort with sales of 146 billion JPY.
JTB accelerates ‘3R’ sustainability actions, setting a goal of CO2 emission reduction in FY2022
JTB Group has launched a cross-sectional sustainability committee and drawn up its sustainability strategy to set a global-standard goal of CO2 emission reduction through Scope 3 value chain in FY2022.
ANA launches ‘SAF Flight Initiative’ for corporate partners to help them reduce CO2 practically and drive ESG management
ANA has begun receiving applications for ‘SAF Flight Initiative' for corporate partners to help them reduce CO2 practically for their business trips, which surly contributes to promote their ESG managements.
Japan Business Federation proposes sustainable and resilient tourism, including upgrading of Tourism Agency to ministry
Japan Business Federation or Keidanren summarized a proposal titled ‘Innovation to sustainable and resilient tourism' to seek ‘autonomous tourism,’ ‘new-typed tourism’ and ‘sustainable tourism.'
Japanese travel companies still suffered from a 37.9% decrease in domestic travel sales in November 2021 compared to two years ago
Sales of 45 major travel companies decreased by 13.7% year on year to 170 billion JPY in total in November 2021. Sales in domestic travel were down 16.5% year on year to 160.9 billion JPY (down 37.9% over two years ago).
49% of lodging providers in Japan say that purchase costs rose in 2021, and 60% cannot pass on the costs to sales prices
According to Japan Finance Corporation (JFC) survey, 49.5% of lodging providers answered that purchase costs rose, and 69.2% said that they could not pass on the costs to sales prices.
New JATA Chairman says “Our mission is regeneration of tourism under a new normal era”
Hiroyuki Takahashi, who took office as Japan Association of Travel Agents (JATA) Chairman in December 2021, said at a New Year press conference, “My priority mission as JATA chairman is regeneration of tourism.”
Japanese guest nights recovered to a 13% reduction from pre-COVID-19 in November 2021
The total number of guest nights in November 2021 was down 3.8% year on year to 35.3 million, and the occupation rate was 46%, 0.7 higher points than a year ago than November 2020 or 20 lower points than November 2019.
JR EAST, a Japan’s railway company, launches an information site exclusively for Taiwaneses travelers to Japan
JR EAST launched ‘JR TIMES,’ an travel information site exclusively for Taiwanese travelers for the future, offering a cross-border EC function to sell limited local products in Japan.
JAL is committed to net zero emission in FY2050, launching ‘three arrows’ under its ESG management
JAL drew up the FY2021-FY2025 midterm management plan, for which one of business pillars is ‘ESG Strategy.’ Aiming at net zero emission in 2050, JAL is developing three arrows including expansion of flights using SAF.
HIS doubled its annual deficit to the worst 50 billion JPY for FY2021, expecting overseas travel demand recovery next summer
HIS posted a net loss of 50 billion JPY for FY2021 ended October 31 2021, doubling from the previous fiscal year. Hideo Sawada, HIS President said. “We expect that overseas travel demand may begin recovering the next summer.”
A Japanese professional baseball team will open a hotel with onsen inside of a new stadium
A new hotel with onsen will be opened inside of a new baseball stadium ‘ES CON Filed Hokkaido’ for Japanese professional baseball team Hokkaido Nippon Ham Fighters.
What are highlights in WiT Japan organized in January 2022 for the first time in the past two years?
WiT Japan & North Asia will be organized on January 14 and 15 2022 for the first time in the past two years. Kei Shibata and Aya Aso, WiT organizers, talked about highlight sessions they are interested in.
38% of hotels and ryokans in Japan say “We address SDGs,” while many of them lack know-how for concrete actions
90% of hotels and ryokans in Japan said that they should address SDGs, and 38.3% answered that they have already started to take some actions for SDGs. 32.8%, however, said that they have not addressed SDGs yet.
