Strengthening hotel competitiveness by capturing inbound tourism demand

「In the hotel business, the company actively captured lodging demand associated with Expo 2025 Osaka-Kansai and other events, renovated guest rooms and restaurants, added club lounges, and worked to strengthen business competitiveness through the planning and sale of various packages.」

「In the hotel business, the company actively captured lodging demand associated with Expo 2025 Osaka-Kansai and other events, renovated guest rooms and restaurants, added club lounges, and worked to strengthen business competitiveness through the planning and sale of various packages.」

「During the interim consolidated accounting period, operating revenue, operating profit, ordinary profit and interim net income attributable to owners of the parent all increased. The increases reflected the capture of demand associated with Expo 2025 Osaka-Kansai, mainly in the urban transportation and hotel businesses; condominium unit sales in the real estate business exceeding the level in the same period of the previous year; strong performance in the sports business, including the Hanshin Tigers winning the league championship; and increased overseas travel handled by the travel business, among other factors.」

「In the hotel business, while the lodging division performed well, led by inbound demand, the company opened Hotel Hankyu Grand Respire Osaka as an upscale, lodging-focused hotel in the South Wing of Grand Green Osaka. It also worked to strengthen the competitiveness of the business through restaurant renovations and the planning and sale of various packages.」

「Operating revenue increased by ¥20,633 million, or 14.5%, year on year to ¥163,014 million, and operating profit increased by ¥6,644 million, or 29.6%, to ¥29,080 million, due mainly to strong performance in the lodging division led by inbound demand.」

「In the hotel business, accommodation demand recovered, led by inbound tourism. In the rental business, properties including Osaka Umeda Twin Towers South performed steadily, while the overseas real estate business also expanded in scale. As a result, operating revenue increased by ¥20.904 billion, or 10.6%, year on year to ¥218.381 billion, and operating profit increased by ¥15.882 billion, or 81.5%, to ¥35.373 billion.」

「Supported by the recovery in lodging demand, particularly inbound demand, in the hotel business, the steady performance of properties including Osaka Umeda Twin Towers South in the leasing business, and the expansion of the overseas real estate business, operating revenue increased by ¥13,478 million, or 10.5%, year on year to ¥142,381 million, while operating profit increased by ¥10,841 million, or 93.5%, to ¥22,436 million.」

「Operating revenue increased by ¥8,752 million, or 14.4%, year on year to ¥69,593 million, and operating profit increased by ¥5,816 million, or 109.7%, to ¥11,116 million. The increases reflected the recovery in lodging demand, led by inbound demand, in the hotel business and solid performance at properties including Osaka Umeda Twin Towers South in the leasing business, among other factors.」

「While ending operations at unprofitable hotels, the company opened Remm Plus Kobe Sannomiya in April 2021 as the second hotel under the Remm Plus brand and got off to a smooth start. It also decided to open a new hotel in the Umekita Phase 2 district, thereby concentrating management resources selectively to strengthen competitiveness.」

「The operating environment for the group's hotel business had already been challenging, and it was subsequently affected by COVID-19. As the recovery in earnings is expected to require a considerable period of time, the company decided to pursue fundamental structural reforms across all areas of the business, personnel and finance.」

「Operating revenue increased by ¥32 million, or 0.2%, year on year to ¥16,233 million. Although the externalization of the food and beverage business had an impact, revenue increased as Remm Tokyo Kyobashi and Hotel Hanshin Annex Osaka opened and sales at existing hotels rose in connection with the G20 summit, among other factors. Operating profit increased by ¥11 million, or 4.1%, year on year to ¥291 million, as higher revenue at existing hotels more than offset the increase in various costs associated with opening new hotels.」

「To capture growing lodging demand from inbound travelers, the company renovated guest rooms at Hotel Hankyu International and Kyoto Shinhankyu Hotel and introduced smartphone-based payment services at all directly operated hotels. In addition, to expand the scale of the business and further strengthen competitiveness, it advanced preparations for the opening of new hotels in fiscal 2019, including Remm Tokyo Kyobashi and Hotel Hankyu Respire Osaka, which has more than 1,000 rooms.」

「To strengthen efforts to capture lodging demand, the company successively renovated facilities, including by adding guest rooms at Osaka Shinhankyu Hotel, and opened Remm Roppongi as the fifth hotel under its lodging-focused hotel brand remm.」

「The company also opened its first overseas sales office in Singapore to capture inbound demand from ASEAN countries, where demand is expected to increase.」

「In the hotel business, the company successively renovated facilities, including by adding guest rooms at Osaka Shinhankyu Hotel, to strengthen efforts to capture lodging demand. It also pursued active sales initiatives, including various fairs commemorating Kyoto Shinhankyu Hotel's 35th anniversary and Takarazuka Hotel's 90th anniversary since opening.」

「Against this backdrop, the company pursued active sales initiatives to further capture lodging demand. It successively renovated facilities, including by adding guest rooms at Osaka Shinhankyu Hotel, and held various fairs to commemorate Kyoto Shinhankyu Hotel's 35th anniversary and Takarazuka Hotel's 90th anniversary since opening.」