Early Return to Operating Profitability Across the Hotel Business
First written in FY2022. 12 of 13 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Operating revenue in the hotel business was ¥60.033 billion, up 6.3% from the previous fiscal year, and operating profit was ¥10.128 billion, down 7.0%.」
Toward operating profitability across the hotel business, the company secured operating profit of ¥10.128 billion in fiscal 2025, although profit declined from the previous fiscal year. - FY2025AdvancedAnnual report
「In the hotel business, average room rates at hotels including Keio Plaza Hotel Shinjuku and Keio Presso Inn rose significantly against a backdrop of increasing foreign visitors to Japan and a robust accommodation market, resulting in higher revenue and profit. Consequently, operating revenue in the leisure and services business was ¥80.697 billion, up 11.0% from the previous fiscal year, and operating profit was ¥11.210 billion, up 34.3%.」
Regarding initiatives aimed at an early return to operating profitability across the hotel business, operating profit in the leisure and services business was ¥11.210 billion in fiscal 2024, maintaining a profitable trend throughout the fiscal year. - FY2025-H1AdvancedAnnual report
「In the hotel business, average room rates at hotels including Keio Plaza Hotel Shinjuku and Keio Presso Inn rose significantly against a backdrop of increasing foreign visitors to Japan and a robust accommodation market, resulting in higher revenue and profit. Consequently, operating revenue was ¥38.440 billion, up 12.6% year on year, and operating profit was ¥6.233 billion, up 39.0% year on year.」
Against a backdrop of increasing foreign visitors to Japan and a robust accommodation market, the hotel business generated operating profit of ¥6.233 billion, up 39.0% year on year. It has maintained a profitable trend toward an early return to operating profitability. - FY2024-Q3AdvancedAnnual report
「In the hotel business, average room rates at hotels including Keio Plaza Hotel Shinjuku and Keio Presso Inn recovered significantly to above pre-pandemic levels, driven by the capture of accommodation demand from foreign visitors to Japan, resulting in higher revenue. Consequently, operating revenue was ¥34.151 billion, up 58.0% year on year, and operating profit was ¥4.483 billion.」
Toward an early return to operating profitability across the hotel business, operating profit for the first 3 quarters was ¥4.483 billion, marking a return to profitability from an operating loss in the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「In the hotel business, average room rates at hotels including Keio Plaza Hotel Shinjuku and Keio Presso Inn recovered significantly to above pre-pandemic levels, driven by the capture of accommodation demand from foreign visitors to Japan, resulting in higher revenue. Consequently, operating revenue was ¥34.151 billion, up 58.0% year on year, and operating profit was ¥4.483 billion.」
Toward an early return to operating profitability across the hotel business, the recovery in average room rates and other factors lifted operating revenue by 58.0% year on year, while operating profit was ¥4.483 billion, marking a return to profitability from an operating loss in the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「In the hotel business, occupancy rates and average room rates improved substantially from the same period of the previous year, helped in part by an increase in international visitors to Japan, resulting in higher revenue. Accordingly, operating revenue was ¥15,982 million, up 52.2% year on year. Operating profit was ¥2,066 million.」
Toward an early return to operating profitability across the hotel business, first-quarter operating profit was ¥2.066 billion, a return to profitability from an operating loss of ¥1.583 billion in the same period of the previous year. However, the disclosure does not state that the full-year target was achieved. - FY2023AdvancedAnnual report
「In the hotel business, occupancy rates and average room rates recovered significantly compared with the previous fiscal year, driven by an increase in foreign visitors to Japan following the easing of border-control measures from October and the impact of nationwide travel assistance, resulting in higher revenue. Although the figure improved from the previous fiscal year, the operating loss was ¥2.173 billion.」
Toward an early return to operating profitability across the hotel business, operating revenue increased 59.9% year on year and the operating loss improved from ¥13.441 billion to ¥2.173 billion, but an operating loss remained. - FY2023-Q3AdvancedAnnual report
「Although demand for accommodation in the hotel business remained below pre-pandemic levels, occupancy rates and average room rates recovered significantly compared with the same period of the previous year, driven by an increase in foreign visitors to Japan following the easing of border-control measures and the impact of nationwide travel assistance. Consequently, operating revenue was ¥36.217 billion, up 55.6% year on year. Although the figure improved from the same period of the previous year, the operating loss was ¥2.711 billion.」
Toward an early return to operating profitability across the hotel business, the recovery in occupancy rates and average room rates lifted operating revenue by 55.6% year on year, while the operating loss improved to ¥2.711 billion. However, an operating loss remained. - FY2023-Q2AdvancedAnnual report
「Although demand for accommodation in the hotel business remained below pre-pandemic levels, occupancy rates recovered compared with the same period of the previous year, resulting in higher revenue. Consequently, operating revenue was ¥21.614 billion, up 66.5% year on year. Although the figure improved from the same period of the previous year, the operating loss was ¥3.136 billion.」
Toward an early return to operating profitability across the hotel business, the recovery in occupancy rates lifted operating revenue by 66.5% year on year, while the operating loss improved from ¥7.905 billion in the same period of the previous year to ¥3.136 billion. However, demand had not returned to pre-pandemic levels, and an operating loss remained. - FY2023-Q1AdvancedAnnual report
「Although demand for accommodation in the hotel business remained below pre-pandemic levels, occupancy rates recovered compared with the same period of the previous year, resulting in higher revenue. Consequently, operating revenue was ¥10.499 billion, up 76.6% year on year. Although the figure improved from the same period of the previous year, the operating loss was ¥1.583 billion.」
Toward an early return to operating profitability across the hotel business, the recovery in occupancy rates lifted operating revenue by 76.6% year on year, while the operating loss improved from ¥4.279 billion in the same period of the previous year to ¥1.583 billion. However, accommodation demand had not returned to pre-pandemic levels, and an operating loss remained. - FY2022First statedAnnual report
「To achieve an early return to operating profitability across the hotel business, the Company will seek to capture domestic demand by promoting corporate and group sales and strengthening online sales, while thoroughly restructuring its operating framework and cutting costs through the closure of 京王プラザホテル多摩, the downsizing of unprofitable operations and a review of staffing levels.」
The company set an early return to operating profitability across the hotel business as a new explicit target, citing corporate and group sales, internet sales, closures, the reduction of unprofitable operations and workforce reviews as means of achieving it.