70% of hotels and ryokans in Japan suffer from labour shortage while domestic travel demand rapidly grows
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 hotels and ryokans in Japan are expected to increase revenue in FY2022, but still have long ways to full recovery
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
Labor shortage in the hospitality industry of Japan will possibly be a serious concern for full-scale business recovery
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.
A Japanese startup releases a new service to automatize recouping of cancellation fees for hotels or restaurants
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 launches a subscription trial for ‘living in a luxury hotel for a short period,’ offering 42 hotels in Japan
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.
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.
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.
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.
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.
Hilton will open its high-end brand hotel in front of Osaka Station, expecting EXPO 2025 Kansai Osaka
Hilton will open ‘The Waldorf-Astoria Osaka’ and its lifestyle brand ‘Canopy by Hilton Osaka Umeda’ in front of Osaka Station under a contract with ORIX Real Estate.
Japanese guests considerably improved in October 2021 after declaration of a state of emergency was lifted
The total number of guest nights in October 2021 was down 5.5% year on year to 32.6 million, considerably improving from 18.2% reduction in September 2021, and the occupancy rate also improved to 42.1%.
Rakuten Travel and Marriott commence a strategic partnership in Japan to lure Rakuten members to Marriott Bonvoy
Rakuten Group and Marriott International has officially started a strategic partnership for both of the loyalty programs to encourage Rakuten members to join Marriott loyalty program ‘Marriott Bonvoy.’
Six Sense Kyoto will open in the spring of 2024. The Intercontinental Hotel Group (IHG)’s luxury hotel brand will be the first appearance in Japan.