Travel Sectors

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 covering eastern Japan, is extending its sharing office service ‘STATION WORK’ network, adding personal working space ‘STATION BOOTH’ in a government building.

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 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.

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.

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.

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 financial supports of 100 billion JPY to lodging services for more enhanced health protocol and new developments for Workcation.

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.

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.

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.

Japan Tourism Agency will add two new support steps in the local tourism business support package to assist local tourism providers under declaration of a state of emergency to Tokyo, Osaka, Kyoto and Hyogo.

Sekisui House, a leading housing business supplier in Japan, recruits tourism ambassadors for Fairfield By Marriott nationwide, expecting that they will exploit local tourism resources in neighborhood of the roadside hotels.

Sales of 46 major travel companies reduced by 85.9% year on year to 42.6 billion JPY in total in February 2021 amid the second declaration of a state of emergency. Sales of domestic travel were down by 76.6% to 39.1 billion JPY.

According to Tokyo Shoko Research, the number of accommodation bankruptcies in Japan in FY2020 was up 71.9% year on year to 127, the first over 100 since FY2013. 68 bankruptcies, 53.5% of the total, were relevant to COVID-19.

JTB opened a Workcation information website for corporations to connect about 35,000 partner companies with 555 local governments nationwide, proposing a variety of Workcation trials for corporations.

JTB, Snow Peak Business Solutions, JAL and Mitsubishi Estate will create order-made Workcation Plan to solve corporate challenges, assigning a Workcation expert.

Ministry of Land, Infrastructure, Transport and Tourism has decided to give financial supports to 16 seaports in Japan to help them address COVID-19 countermeasures toward restart of international cruises.

‘COVID-19 PCR Test Center’ opened in the first and the second passenger terminal of Haneda Airport, serving a quick antigen test mainly for domestic flight passengers.

JAL and the Commons Project confirmed that a PCR test result on digital health passport ‘CommonPass’ was perfectly accepted at Narita Airport in departure and Singapore Changi Airport in arrival.