Tag: "ryokan"

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%.
Accommodation bankruptcies in Japan reached 127 in FY2020, the first over 100 in the past seven years

Accommodation bankruptcies in Japan reached 127 in FY2020, the first over 100 in the past seven years

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.