Expansion and Renovation of Hotel and Tourism Services
First written in FY2016. 11 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
21 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Operating revenue in the Leisure and Services segment increased, led by the hotel and tourism facilities businesses, as tourism demand recovered, reaching ¥106,779 million, up 4.0% from the previous fiscal year. Operating profit rose 34.7% to ¥3,429 million for the segment as a whole, despite lower profit in the travel business, due to higher profit in the hotel and tourism facilities businesses.」
Profit for the Leisure and Services segment as a whole rose 34.7% from the previous fiscal year due to higher revenue and profit in the hotel and tourism facilities businesses. - FY2026-H1Profit rises in hotels and tourism facilities, but falls in the travel businessAnnual report
「Operating revenue in the Leisure and Services segment increased, led by the hotel and tourism facilities businesses, as tourism demand recovered, reaching ¥51,932 million, up 4.1% year on year. Operating profit rose 36.9% to ¥1,916 million, as higher profit in the hotel and tourism facilities businesses offset lower profit in the travel business.」
The hotel and tourism facilities businesses reported higher revenue and profit as tourism demand recovered, driving higher profit for the Leisure and Services segment as a whole. Operating profit in the travel business, meanwhile, fell 18.8% year on year. - FY2025-H1Hotel business returns to profitability, but overall profit declines due to lower profit in the travel businessAnnual report
「Operating revenue in the Leisure and Services segment increased, led by the hotel business, as tourism demand recovered, reaching ¥49,870 million, up 3.1% year on year. Operating profit, however, fell 23.2% to ¥1,400 million due to lower profit in the travel business, despite the hotel business returning to profitability.」
The hotel business returned to operating profitability, but the Leisure and Services segment as a whole reported higher revenue and lower profit due to lower profit in the travel business. - FY2024AchievedAnnual report
「Operating revenue in the Leisure and Services segment was ¥98,772 million, up 21.9% from the previous fiscal year, reflecting the recovery in tourism demand. Operating income improved by ¥3,046 million from the previous fiscal year to ¥2,671 million, due to higher revenue, including the hotel business returning to profitability.」
As tourism demand recovered, the hotel business turned from an operating loss in the previous fiscal year to operating profit of ¥339 million, and the Leisure and Services segment as a whole returned to profitability. - FY2024-Q3The hotel business turned profitable as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services segment was ¥77,589 million, up 25.2% year on year, reflecting the recovery in tourism demand. Operating profit was ¥3,330 million, up 361.3%, due to higher revenue, including the hotel business returning to profitability.」
The Leisure and Services segment reported higher revenue and profit as tourism demand recovered, with the hotel business turning from an operating loss in the previous corresponding period to operating profit of ¥440 million. - FY2024-Q2Continued operating profitability as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥48,365 million, up 32.5% year on year, as revenue increased mainly in the travel and hotel businesses on the recovery in tourism demand. Operating profit was ¥1,824 million, reflecting a ¥2,356 million improvement in profitability from the same period a year earlier, due to improved profitability in the hotel business and higher profit in the travel business.」
Against a backdrop of recovering tourism demand, revenue increased mainly in the travel and hotel businesses, and the Leisure and Services business has remained profitable after turning from an operating loss in the same period a year earlier to an operating profit. - FY2024-Q1The Leisure and Services business turned profitable on the recovery in tourism demandAnnual report
「Operating revenue in the Leisure and Services business totaled ¥24,099 million, up 35.1% year on year, as tourism demand recovered and revenue increased mainly in the travel and hotel businesses. Operating profit was ¥685 million, reflecting a ¥977 million improvement in profitability from the same period a year earlier, due to improved profitability in the hotel business and higher profit in the travel business.」
Against a backdrop of recovering tourism demand, the Leisure and Services business turned from an operating loss in the same period a year earlier to an operating profit. - FY2024-Q1The Leisure and Services business turned profitable on the recovery in tourism demandAnnual report
「Operating revenue in the Leisure and Services business totaled ¥24,099 million, up 35.1% year on year, as tourism demand recovered and revenue increased mainly in the travel and hotel businesses. Operating profit was ¥685 million, reflecting a ¥977 million improvement in profitability from the same period a year earlier, due to improved profitability in the hotel business and higher profit in the travel business.」
Against a backdrop of recovering tourism demand, the travel and hotel businesses posted higher revenue, and the Leisure and Services business turned from an operating loss of ¥291 million in the same period a year earlier to an operating profit of ¥685 million. - FY2023Higher revenue and smaller loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥81,049 million, up 70.4% from the previous fiscal year, due to the recovery in tourism demand following the easing of COVID-19-related restrictions on activities and the effect of the nationwide travel support program. Operating loss improved by ¥8,010 million from the previous fiscal year due to higher revenue, resulting in a loss of ¥375 million.」
Revenue rose substantially on the recovery in tourism demand and the nationwide travel support program, and the operating loss narrowed, but the business as a whole still posted a loss of ¥375 million. - FY2023-Q3The Leisure and Services business turned profitable on the recovery in tourism demandAnnual report
「Operating revenue in the Leisure and Services business totaled ¥61,975 million, up 68.1% year on year, as domestic tourism demand recovered. Operating profit was ¥722 million, reflecting a ¥5,499 million improvement in profitability from the same period a year earlier due to higher revenue.」
The Leisure and Services business posted a substantial increase in revenue as domestic tourism demand recovered, turning from an operating loss in the same period a year earlier to an operating profit. However, the hotel business alone recorded an operating loss. - FY2023-Q2Continued reduction in loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥36,488 million, up 100.1% year on year, as tourism demand recovered compared with the same period a year earlier, when a state of emergency and other measures were in effect. Operating loss improved by ¥4,511 million from the same period a year earlier due to higher revenue, resulting in a loss of ¥531 million.」
Revenue rose substantially as tourism demand recovered, and the operating loss narrowed from ¥5,042 million in the same period a year earlier to ¥531 million, but the business continued to record a loss. - FY2023-Q1Higher revenue and smaller loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥17,833 million, up 145.7% year on year, as tourism demand recovered compared with the same period a year earlier, when a state of emergency and other measures were in effect. Operating loss improved by ¥2,859 million from the same period a year earlier due to higher revenue, resulting in a loss of ¥291 million.」
Revenue rose substantially as tourism demand recovered, and the operating loss narrowed from the same period a year earlier, but the business continued to record a loss. - FY2022AdvancedAnnual report
「In the hotel business, Meitetsu Hotel Management Inuyama Co., Ltd. opened Hotel Indigo Inuyama Yurakuen, an upscale hotel making its first entry into the Tokai region, while Meitetsu Inuyama Hotel Co., Ltd. opened the destination hotel Hotel μ Style Inuyama Experience, both in Inuyama. Using these openings as an opportunity, the companies will work with the local community to revitalize tourism with the aim of establishing the Inuyama area as a destination for extended stays. In addition, the company established Meitetsu Hotel Holdings Co., Ltd., an intermediate holding company that oversees the group's hotel companies, and built a structure to strengthen coordination among them and respond flexibly and promptly to changes in the business environment.」
The company opened 2 hotels in Inuyama and established Meitetsu Hotel Holdings to oversee its hotel companies. The Leisure and Services business posted a substantial revenue increase as the pandemic impact declined, and its operating loss also narrowed. - FY2022-Q3Continued reduction in the Leisure and Services loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥36,870 million, up 135.5% year on year, as the impact of the COVID-19 pandemic declined from the same period a year earlier. Operating loss improved by ¥5,278 million from the same period a year earlier due to higher revenue, resulting in a loss of ¥4,777 million.」
Revenue rose substantially as the pandemic impact declined, and the Leisure and Services business reduced its operating loss from the same period a year earlier, but continued to record a loss. - FY2022-Q2Continued reduction in the Leisure and Services loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥18,237 million, up 135.4% year on year, as the impact of the COVID-19 pandemic declined from the same period a year earlier. Operating loss improved by ¥3,559 million from the same period a year earlier due to higher revenue, resulting in a loss of ¥5,042 million.」
Revenue rose substantially as the pandemic impact declined, and the Leisure and Services business reduced its operating loss from the same period a year earlier, but continued to record a loss. - FY2022-Q1Smaller Leisure and Services loss as tourism demand recoveredAnnual report
「Operating revenue in the Leisure and Services business totaled ¥7,258 million, up 198.1% year on year, reflecting the rebound from the same period a year earlier, which was significantly affected by the COVID-19 pandemic. Operating loss improved by ¥1,974 million from the same period a year earlier due to higher revenue, resulting in a loss of ¥3,151 million.」
Revenue rose substantially on the rebound from the pandemic impact in the same period a year earlier, and the operating loss narrowed, but the business continued to record a loss. - FY2021AdvancedAnnual report
「In the hotel business, Meitetsu Inn Co., Ltd. opened Meitetsu Inn Shin-Osaka Station East Exit in Higashiyodogawa-ku, Osaka, and Hotel Musse Kyoto Shijo Kawaramachi Meitetsu in Nakagyo-ku, Kyoto, marking its first openings in the Kansai region, and worked to improve earnings capacity and brand recognition.」
The company opened 2 new hotels in the Kansai region, while lower tourism demand caused the Leisure and Services business to post a substantial revenue decline and an operating loss. - FY2021-Q3Continued losses in Leisure and Services due to lower tourism demandAnnual report
「Operating revenue in the Leisure and Services business fell to ¥15,656 million, down 60.4% year on year, due to lower tourism demand caused by the COVID-19 pandemic. Operating loss worsened by ¥11,669 million from the same period a year earlier, resulting in a loss of ¥10,056 million, due to lower revenue across all businesses.」
The Leisure and Services business posted a 60.4% year-on-year decline in revenue due to lower tourism demand and recorded an operating loss of ¥10,056 million. - FY2021-Q2Continued losses in Leisure and Services due to lower tourism demandAnnual report
「Operating revenue in the Leisure and Services business fell to ¥7,745 million, down 70.9% year on year, due to lower tourism demand caused by the COVID-19 pandemic. Operating loss worsened by ¥9,604 million from the same period a year earlier, resulting in a loss of ¥8,602 million, due to lower revenue across all businesses.」
The Leisure and Services business posted a 70.9% year-on-year decline in revenue due to lower tourism demand and recorded an operating loss of ¥8,602 million. - FY2021-Q1Lower tourism demand due to the pandemic led to lower revenue and profitAnnual report
「Operating revenue in the Leisure and Services business fell to ¥2,434 million, down 81.1% year on year, due to lower tourism demand caused by the COVID-19 pandemic. Operating loss worsened by ¥5,336 million from the same period a year earlier, resulting in a loss of ¥5,125 million, due to lower revenue across all businesses.」
The Leisure and Services business posted a substantial decline in revenue due to lower tourism demand and recorded an operating loss. - FY2020AdvancedAnnual report
「In the hotel business, the company proceeded with construction plans for Hotel Indigo Inuyama Yurakuen, scheduled to open on the site of the former Meitetsu Inuyama Hotel, which ceased operations in August last year, and for a new hotel in front of Inuyama Station.」
The company moved to the planning and construction stage for a hotel on the former Meitetsu Inuyama Hotel site and a new hotel in front of Inuyama Station. - FY2020-Q3Lower revenue and profit due to the end of hotel operationsAnnual report
「Operating revenue in the Leisure and Services business totaled ¥39,526 million, down 1.6% year on year, as the effect of new hotel openings was offset by the loss of revenue following the end of operations at Meitetsu Inuyama Hotel. Operating profit was ¥1,613 million, down 1.4%, as lower hotel revenue outweighed improved profitability in the tourist attractions and travel businesses.」
While new hotel openings and improved profitability in the tourist attractions and travel businesses provided support, the business as a whole posted lower revenue and profit due to the loss of revenue following the end of operations at Meitetsu Inuyama Hotel and other factors. - FY2020-Q2Higher profit due to improved profitability in the tourist attractions and travel businessesAnnual report
「Operating revenue in the Leisure and Services business totaled ¥26,584 million, up 0.6% year on year, due mainly to the effect of new hotel openings. Operating profit was ¥1,001 million, up 1.0%, due mainly to improved profitability in the tourist attractions and travel businesses.」
In addition to the effect of new hotel openings, improved profitability in the tourist attractions and travel businesses resulted in higher revenue and profit for the Leisure and Services business. However, operating profit in the hotel business alone declined year on year. - FY2020-Q1Higher revenue and profit driven by new openings and an extended holiday periodAnnual report
「Operating revenue in the Leisure and Services business totaled ¥12,882 million, up 3.6% year on year, due to the effect of new hotel openings and strong performance in the tourist attractions business supported by the extended holiday period. Operating profit was ¥210 million, up 703.0%, partly due to improved profitability in the travel business.」
The Leisure and Services business posted higher revenue and profit, helped by the effect of new hotel openings, strong performance in the tourist attractions business during the extended holiday period, and improved profitability in the travel business. - FY2019AdvancedAnnual report
「In the hotel business, Meitetsu Grand Hotel Co., Ltd. opened the new Pacific Side building at Centrair Hotel and worked to attract the increasing number of travelers using the airport. Meitetsu Inn Co., Ltd. also opened Meitetsu Inn Nagoya Kanayama Annex, its second hotel in the Kanayama area, to improve its earnings capacity.」
The company opened a new building at Centrair Hotel and its second hotel in the Kanayama area to capture airport and business demand. - FY2019-Q3Higher hotel revenue, but lower revenue and profit in Leisure and ServicesAnnual report
「Operating revenue in the Leisure and Services business increased in the hotel business due to new Meitetsu Inn openings and the opening of a new building at Centrair Hotel, but fell overall to ¥40,170 million, down 2.7% year on year, due mainly to lower revenue following the transfer of the car-rental subsidiary in the tourist attractions business. Operating profit fell 8.1% to ¥1,636 million, due mainly to higher costs associated with new hotel openings.」
The hotel business posted higher revenue following new Meitetsu Inn openings and the opening of a new building at Centrair Hotel, but the business as a whole posted lower revenue and profit due to the transfer of a subsidiary, pre-opening costs, and other factors. - FY2019-Q2Higher hotel revenue, but lower revenue and profit in Leisure and ServicesAnnual report
「Operating revenue in the Leisure and Services business increased in the hotel business due to the effect of opening Hotel Musse Ginza Meitetsu in March this year, but fell overall to ¥26,435 million, down 5.2% year on year, due to the transfer of the car-rental subsidiary in the tourist attractions business and lower revenue caused by poor weather. Operating profit fell 13.0% to ¥991 million, due to higher pre-opening costs in the hotel business and lower revenue in the tourist attractions business.」
The hotel business posted higher revenue due to the effect of opening Hotel Musse Ginza Meitetsu, but the Leisure and Services business as a whole posted lower revenue and profit due to the transfer of a subsidiary, poor weather, and pre-opening costs. - FY2019-Q1Higher hotel revenue driven by the opening of a new hotelAnnual report
「Operating revenue in the Leisure and Services business increased in the hotel business due to the effect of opening Hotel Musse Ginza Meitetsu in March this year, but fell overall to ¥12,433 million, down 4.3% year on year, due mainly to lower revenue following the transfer of the car-rental subsidiary in the tourist attractions business.」
The hotel business posted higher revenue due to the effect of opening Hotel Musse Ginza Meitetsu, and the Leisure and Services business also improved its profitability from the same period a year earlier. - FY2018AdvancedAnnual report
「Meitetsu Inn Co., Ltd. opened the new-brand Hotel Musse Ginza Meitetsu in March this year to capture inbound and other tourism demand in addition to business demand.」
The company opened the new-brand Hotel Musse Ginza Meitetsu and is expanding its hotel operations to capture business and inbound tourism demand. - FY2018-Q3Changes in the business mix due to hotel openings and the transfer of a subsidiaryAnnual report
「Operating revenue in the Leisure and Services business increased in the hotel business due to the effect of opening Meitetsu Inn Nagoyaeki Shinkansenguchi in November the year before last, but fell overall to ¥41,292 million, down 0.6% year on year, due to lower revenue in the tourist attractions business following the transfer of a subsidiary and lower restaurant revenue. Operating profit, however, rose 28.5% to ¥1,780 million, helped by higher hotel revenue and improved profitability in the travel business.」
While the benefit of opening Meitetsu Inn Nagoyaeki Shinkansenguchi continued, the Leisure and Services business as a whole posted lower revenue due to the transfer of a subsidiary in the tourist attractions business and other factors. Operating profit increased on higher hotel revenue and improved profitability in the travel business. - FY2018-Q2Revenue and profit growth driven by the opening of new hotelsAnnual report
「Operating revenue in the Leisure and Services business totaled ¥27,881 million, up 1.7% year on year, and operating profit was ¥1,140 million, up 37.9%, mainly due to higher hotel revenue from the opening of Meitetsu Inn Nagoyaeki Shinkansenguchi in November last year and higher travel business revenue.」
The company disclosed that the Leisure and Services business posted higher revenue and profit, helped by the effect of opening Meitetsu Inn Nagoyaeki Shinkansenguchi. - FY2018-Q1AdvancedAnnual report
「In the hotel business, Meitetsu Grand Hotel Co., Ltd. worked to promote hotel use by launching various accommodation and banquet packages at Hotel Meitetsu Grand to commemorate its 50th anniversary.」
The company launched accommodation and banquet packages to capitalize on Hotel Meitetsu Grand's 50th anniversary and promote hotel use. - FY2017RestatedAnnual report
「Meitetsu Inn Co., Ltd. expanded its business by opening Meitetsu Inn Nagoyaeki Shinkansenguchi in November last year, while use by business and leisure travelers remained firm at hotels including Hotel Meitetsu Hamamatsucho, which opened in Minato-ku, Tokyo, in March last year.」
The company confirmed business expansion supported by firm use of its Tokyo hotel and the opening of Meitetsu Inn Nagoyaeki Shinkansenguchi. - FY2017-Q3AdvancedAnnual report
「Meitetsu Inn Co., Ltd. expanded its business, including by opening Meitetsu Inn Nagoyaeki Shinkansenguchi in November last year, while business and tourism demand at hotels including Hotel Meitetsu Hamamatsucho, which opened in Tokyo in March last year, remained firm.」
The company opened Meitetsu Inn Nagoyaeki Shinkansenguchi, while use of its Tokyo hotel and other properties remained firm. - FY2017-Q2AdvancedAnnual report
「In the tourist attractions business, Meitetsu Impress Co., Ltd. worked to enhance the appeal of its facilities, including by opening the Whale Shop retail outlet at Minamichita Beach Land & Minamichita Toy Kingdom and carrying out a major renovation of the MonPuru Water Paradise leisure pool at Japan Monkey Park.」
The company opened a retail outlet at a tourist attraction and carried out a major renovation of a leisure pool. - FY2017-Q1AdvancedAnnual report
「In the hotel business, Meitetsu Grand Hotel Co., Ltd. worked to promote the appeal of areas along the railway lines and attract more customers, including by holding the Wee! Chita Premium BBQ Garden on the rooftop of the 12th floor of Hotel Meitetsu Grand from May. Hotel Meitetsu Hamamatsucho, which Meitetsu Inn Co., Ltd. opened in Tokyo in March this year, performed well.」
The company is implementing customer-attraction measures in its hotel and tourism services businesses through rooftop events and the strong performance of its Tokyo hotel. - FY2016First statedAnnual report
「Meitetsu Inn Co., Ltd. expanded its business, including by opening Hotel Meitetsu Hamamatsucho in March this year, its first hotel in Tokyo.」
The company is strengthening its ability to attract customers by entering the Tokyo hotel market, renovating all rooms at existing hotels, and holding events and opening new facilities at tourist attractions.