Tag: "Hotel"

Banyan Tree enters the Japanese market by opening two new brand hotels in Kyoto

Banyan Tree enters the Japanese market by opening two new brand hotels in Kyoto

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.”
Japanese luxury accommodation OTA launches its original SNS to create a user community

Japanese luxury accommodation OTA launches its original SNS to create a user community

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 changes its corporate and brand names. What is a reason and its new strategy?

OYO Japan changes its corporate and brand names. What is a reason and its new strategy?

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 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.
Japanese guest nights were up 4% in December 2021 even compared to pre-COVID-19

Japanese guest nights were up 4% in December 2021 even compared to pre-COVID-19

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

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

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.
Japanese guest nights recovered to a 13% reduction from pre-COVID-19 in November 2021

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.
38% of hotels and ryokans in Japan say “We address SDGs,” while many of them lack know-how for concrete actions

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 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

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 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.’
The first ‘Six Senses’  in Japan will open in Kyoto in the spring of 2024, offering 81 luxury rooms

The first ‘Six Senses’ in Japan will open in Kyoto in the spring of 2024, offering 81 luxury rooms

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.
‘Roadside Hotel Project’ jointly by Sekisui House and Marriott accelerates, opening 14 new hotels in Japan after the next spring

‘Roadside Hotel Project’ jointly by Sekisui House and Marriott accelerates, opening 14 new hotels in Japan after the next spring

Sekisui House and Marriott International will accelerate ‘Trip Base Roadside Hotel Project,’ opening 14 hotels in eight prefectures (1184 rooms in total) after the next spring.
Japanese OTA Rakuten and Marriott collaborate in loyalty programs to enhance travel experiences in Japan

Japanese OTA Rakuten and Marriott collaborate in loyalty programs to enhance travel experiences in Japan

Rakuten, one of largest OTAs in Japan, and Marriott International signed a strategic partnership to enhance collaboration between Marriott Bonvoy and Rakuten membership program.
How does Hoshino Resorts CEO foresee recovery of international travel to Japan, saying “It is not so easy”

How does Hoshino Resorts CEO foresee recovery of international travel to Japan, saying “It is not so easy”

Yoshiharu Hoshino, Hoshino Resorts CEO, talked about the current business condition and the future business at ‘Hoshino Resorts LIVE 2021 Autumn.' He said international travelers to Japan would not come back easily .
Closed hotels and ryokans for the first nine months of 2021 were already more than those in the last year

Closed hotels and ryokans for the first nine months of 2021 were already more than those in the last year

Teikoku Data Bank reported that the number of closed hotels and ryokans for the first nine months of 2021 was 143, already more than the last year or the most in the last decade.
A group of four different concept resort hotels opens in Mie Prefecture, invested by HIS and others

A group of four different concept resort hotels opens in Mie Prefecture, invested by HIS and others

VISON Hotel Management, invested by HIS Holdings, Sumitomo Forestry and Aquaignis, opened ‘Hatago VISON’ in Mie Prefecture, which consists of four different concept hotels.
Bankruptcies of lodging companies reduced by 40% in Japan for the first seven months of 2021

Bankruptcies of lodging companies reduced by 40% in Japan for the first seven months of 2021

According to Tokyo Shoko Research, 49 lodging companies (debt of more than 10 million JPY) have bankrupted for the first seven months of 2021. In July only, six lodging companies were bankrupted.
The first Henn na Hotel in a foreign country opens in Seoul on August 1, offering a check-in service outside the hotel

The first Henn na Hotel in a foreign country opens in Seoul on August 1, offering a check-in service outside the hotel

HIS Holdings opened ‘Henn na Hotel Seoul Myeongdong,’ the first Henn na Hotel brand in a foreign country, on August 1 2021, available an exclusive app, a guest can check in anywhere outside the hotel.