Komori
Other Disclosures4419Finatext Holdings Ltd.Information and Communications, Services and Others

スマートプラスSSI’s “Travel Booking Cancellation Insurance” adopted on Sotetsu Hotel Management’s hotel booking website

スマートプラス少額短期保険's “Travel Booking Cancellation Insurance” has been adopted on 相鉄ホテルマネジメント's accommodation booking website. When booking a hotel through 相鉄ホテルマネジメント, customers will be able to receive information about cancellation insurance as part of the booking process.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
10000
Adoption track record at accommodation facilities and more
Wording
Definitive
How definitive the wording is.

Announced details

Travel Booking Cancellation InsuranceService-embedded “Travel Booking Cancellation Insurance”
Applicable field (uses covered by this announcement)

Domestic and international accommodation facilities, domestic air tickets, domestic rental cars, tour travel departing from Japan, and international air tickets departing from Japan. At 相鉄ホテルマネジメント, the insurance applies on its accommodation booking website.

Launch dateInsurance information can be made available on the booking website from the same day
What the company reported numerically
Quantitative Effects

100% coverage of cancellation fees

Usage history

Adopted at more than 10,000 accommodation facilities nationwide

Relationship between the counterparty and the company
Finatext Holdings Ltd.4419
Relationship with the Company

相鉄ホテルマネジメント has adopted スマートプラス少額短期保険's “Travel Booking Cancellation Insurance” on its accommodation booking website. No capital or personnel relationship is stated.

Counterparty相鉄ホテルマネジメント Co., Ltd.

Head office: 2-9-14 Kitasaiwai, Nishi-ku, Yokohama, Kanagawa; President and Representative Director: Suzuki Masamune (鈴木 正宗); established: 14 July 2017; business activities: operation of lodging-focused hotels and partner hotel operations, including “Sotetsu Fresa Inn” and “Sotetsu Grand Fresa”

Impact on Business Performance

The impact of this matter on financial results is expected to be minor.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredTravel Booking Cancellation Insurance, Service-embedded “Travel Booking Cancellation Insurance”
Counterparty相鉄ホテルマネジメント Co., Ltd.
Counterparty overviewHead office: 2-9-14 Kitasaiwai, Nishi-ku, Yokohama, Kanagawa; President and Representative Director: Suzuki Masamune (鈴木 正宗); established: 14 July 2017; business activities: operation of lodging-focused hotels and partner hotel operations, including “Sotetsu Fresa Inn” and “Sotetsu Grand Fresa”
Relationship with the Company相鉄ホテルマネジメント has adopted スマートプラス少額短期保険's “Travel Booking Cancellation Insurance” on its accommodation booking website. No capital or personnel relationship is stated.
Launch dateInsurance information can be made available on the booking website from the same day
Applicable areaDomestic and international accommodation facilities, domestic air tickets, domestic rental cars, tour travel departing from Japan, and international air tickets departing from Japan. At 相鉄ホテルマネジメント, the insurance applies on its accommodation booking website.
Quantitative Effects100% coverage of cancellation fees
Usage historyAdopted at more than 10,000 accommodation facilities nationwide
Impact on Business PerformanceThe impact of this matter on financial results is expected to be minor.
Items this document does not state (9)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The aim is to address the risk of last-minute cancellations due to sudden illness or family emergencies and create an environment in which customers can plan and book accommodation with confidence. The service was also valued for its track record of adoption at more than 10,000 accommodation facilities nationwide and for enabling insurance information to be made available on booking websites from the same day through its service-integrated structure.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
スマートプラスSSI’s “Travel Booking Cancellation Insurance” adopted on Sotetsu Hotel Management’s hotel booking website | Finatext Holdings Ltd. (4419) timely disclosure | Komori