Sun-Life Holding (7040) · RiskRestated
Impact of Closure for Major Hotel Facility Repairs
First written in FY2019-Q3. 1 of 2 entries say "Restated". Latest entry: FY2019.
2entries
1years
0from disclosures
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Same theme, other companies
Decline in Rooms Available for Sale and Revenue Due to Large-Scale Hotel RenovationsA theme 10 companies write about · 10 as a headwind · 0 as a tailwind
1 other company's latest entry also says "Restated".
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- FY2019RestatedAnnual report
「Partly due to the impact of facility closure days for major renovations, including air-conditioning work, revenue was ¥2,220 million, down 4.3% from the previous period.」
The closure of the facilities for major renovations continues to be cited as a factor behind lower revenue in the hotel business. - FY2019-Q3First statedAnnual report
「Revenue from banquets, restaurants, and accommodation declined partly because the facilities were closed on certain days for major renovations, including air-conditioning work,」
Facility closure days associated with major renovations emerged as a factor behind the decline in banquet, restaurant, and accommodation revenue.