Improving hotel occupancy through inbound tourism, events and online reservations
First written in FY2016. 8 of 20 entries say "Worsened", first in FY2018. Latest entry: FY2022-Q1.
Hiroshima Electric Railway moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 10 of 30 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2022-Q1DroppedAnnual report
「In the leisure and services business, revenue was negatively affected by the discontinuation of the hotel business at the end of January 2021, among other factors.」
The hotel business, which had been targeted by measures to improve occupancy through inbound tourism, events and online reservations, was discontinued at the end of January 2021. - FY2021WorsenedAnnual report
「In the leisure and services business, the hotel business was affected by a substantial decline in overseas visitors to Japan and domestic tourists and the near-total cancellation of banquet reservations as the novel coronavirus spread. Revenue also declined sharply year on year because operations ended at the end of January 2021, reflecting the aging of the building and expectations that the downturn in business caused by the pandemic would be prolonged.」
In addition to a substantial decline in overseas and domestic tourists and the near-total cancellation of banquet reservations, hotel operations ended at the end of January 2021, resulting in a sharp decline in hotel revenue. - FY2021-Q3WorsenedAnnual report
「In the leisure and services business, the spread of the novel coronavirus caused a substantial decline in both overseas visitors to Japan and domestic tourists. The Go To Travel campaign had only a limited effect and did not lead to a recovery in lodging occupancy, while almost all banquet reservations were cancelled amid concerns about the spread of infection, resulting in a sharp decline in revenue.」
The decline in overseas visitors to Japan and domestic tourists, the lack of recovery in lodging occupancy and banquet cancellations further worsened the environment for generating hotel demand and profitability. - FY2021-Q2WorsenedAnnual report
「In the hotel business, the spread of the novel coronavirus, restrictions on entry from overseas and requests to refrain from going out caused a substantial decline in both overseas visitors to Japan and domestic tourists. In the banquet division, almost all reservations were cancelled amid concerns about the spread of infection, resulting in a sharp decline in revenue.」
Restrictions on entry and requests to refrain from going out caused a substantial decline in overseas visitors to Japan and domestic tourists, while almost all banquet reservations were cancelled, further worsening the environment for generating hotel demand. - FY2021-Q1WorsenedAnnual report
「In the leisure and services business, revenue in the hotel business declined sharply as the spread of the novel coronavirus, tighter restrictions on entry from overseas and requests to refrain from going out caused a substantial decline in visitors from overseas and domestic tourists. In the banquet division, almost all reservations were cancelled following requests to refrain from holding events to prevent the spread of infection.」
Restrictions on entry, requests to refrain from going out and requests to refrain from holding events caused a substantial decline in overseas visitors to Japan and domestic tourists, while almost all banquet reservations were cancelled. - FY2020WorsenedAnnual report
「In the hotel business, competition intensified following the opening of new nearby hotels. Although growth in international visitors and the effect of the 10-day Golden Week holiday continued through the end of December, revenue declined from the fourth quarter onward because room sales were suspended for 30 days from January to February 2020 for renovation work, and because the spread of the novel coronavirus caused a sharp decline in guests and significantly reduced banquet bookings and other demand.」
The hotel business generated lower revenue because room sales were suspended for 30 days for renovation work and the spread of the novel coronavirus caused a decline in overnight guests and banquet demand. - FY2020-Q3WorsenedAnnual report
「In the leisure and services business, room occupancy at the hotel declined slightly amid intensifying competition following the opening of new nearby hotels, but room rates increased owing to growth in international visitors and the effect of the 10-day Golden Week holiday, resulting in higher room revenue. However, total revenue was flat because of sluggish banquet bookings and a decline in dinner use by hotel guests.」
Although room revenue increased owing to growth in international visitors and higher room rates, room occupancy declined amid intensifying competition, while total revenue was flat because of declines in banquet bookings and dinner use. - FY2020-Q2RestatedAnnual report
「In the leisure and services business, room occupancy at the hotel declined slightly amid intensifying competition following the opening of new nearby hotels, but revenue increased owing to growth in international visitors, higher room rates and the effect of the 10-day Golden Week holiday.」
This trend has continued: room occupancy declined slightly following the opening of nearby hotels, while revenue increased owing to international visitors, higher room rates and the effect of the 10-day holiday. - FY2020-Q1AdvancedAnnual report
「In the leisure and services business, room occupancy at the hotel declined slightly amid intensifying competition following the opening of new nearby hotels, but revenue increased owing to growth in international visitors and the effect of the 10-day Golden Week holiday.」
Although room occupancy declined slightly following the opening of nearby hotels, revenue in the hotel business increased owing to growth in international visitors and the effect of the 10-day holiday. - FY2019-Q3RestatedAnnual report
「In the leisure and services business, revenue in the hotel business declined because of the impact of the heavy rains in July 2018, including banquet cancellations, and because the company ended its contract operations at a golf-course restaurant in February last year.」
The company continues to cite banquet cancellations caused by the heavy rains and the end of contract operations at the golf-course restaurant as factors behind lower revenue in the hotel business. - FY2019-Q2WorsenedAnnual report
「In the leisure and services business, revenue in the hotel business declined because of the impact of the heavy rains in July 2018, including banquet cancellations.」
The hotel business generated lower revenue because of banquet cancellations caused by the heavy rains in July. - FY2019-Q1AdvancedAnnual report
「In the leisure and services business, room occupancy increased and the banquet division performed well, but revenue declined because the company withdrew from contract operations at certain restaurants.」
Although room occupancy increased and the banquet division performed well, the hotel business generated lower revenue because the company withdrew from contract operations at certain restaurants. - FY2018WorsenedAnnual report
「In the leisure and services business, both international and domestic visitors to the hotel increased, but revenue declined because of plumbing renovation work lasting approximately 2 months.」
Although international and domestic visitors increased, the hotel business generated lower revenue because of plumbing renovation work lasting approximately 2 months. - FY2018-Q3AdvancedAnnual report
「In the leisure and services business, revenue in the hotel business increased owing to higher room rates and an increase in banquet bookings.」
The hotel business generated higher revenue owing to higher room rates and an increase in banquet bookings. - FY2018-Q1AdvancedAnnual report
「In the leisure and services business, revenue in the hotel business increased, owing mainly to increases in international visitors and banquet bookings.」
The hotel business generated higher revenue as international visitors and banquet bookings increased. - FY2017RestatedAnnual report
「In the lodging business, the company will actively participate in initiatives to promote inbound tourism, travel-agency campaigns and various events in Hiroshima, while providing detailed support for online reservations to improve room occupancy and secure revenue.」
The company continues measures to generate hotel demand through inbound tourism, travel-agency campaigns, events and online reservations. - FY2017-Q3RestatedAnnual report
「In the hotel business, revenue increased as stays by international visitors, corporate customers and hotel members grew.」
The company continues to report increases in stays by international visitors, corporate customers and hotel members, together with higher revenue in the hotel business. - FY2017-Q2RestatedAnnual report
「In the hotel business, revenue increased as stays by international visitors, corporate customers and hotel members grew.」
The company continues to report increases in stays by international visitors, corporate customers and hotel members, together with higher revenue in the hotel business. - FY2017-Q1AdvancedAnnual report
「In the hotel business, revenue increased as stays by international visitors, corporate customers and hotel members grew.」
Stays by international visitors, corporate customers and hotel members increased, resulting in higher revenue in the hotel business. - FY2016First statedAnnual report
「The company will actively participate in initiatives to promote inbound tourism, travel-agency campaigns and various events in Hiroshima, while providing detailed support for online reservations to improve room occupancy and secure revenue.」
The company uses international visitors, events and reservation support as means of generating hotel demand.