Favorable hotel-market conditions supported by growth in international visitors to Japan

「In the hotel and tourism industries, inbound demand grew sharply, particularly in the first half, owing to the weaker yen and the Osaka-Kansai Expo. Although the second half was affected by travel restrictions resulting from deteriorating Japan-China relations and rising tensions in the Middle East, conditions remained generally firm.」

「The hotel and tourism industries remained firm, supported by strong domestic tourism demand, an increase in inbound visitors against a backdrop of the weaker yen, and growth in corporate demand accompanying improved corporate earnings.」

「In addition to setting prices that accurately reflected domestic personal consumption and the increase in overseas visitors to Japan resulting from the weaker yen, we worked to improve customer satisfaction by updating in-room amenities and expanding various ancillary services.」

「In accommodation, the business accurately captured the expected recovery in inbound consumption from increased domestic tourism demand, eased entry restrictions, and the weaker yen」

「Demand recovery progressed in the hotel and tourism industries due to the recovery in domestic tourism demand and strong inbound demand against a backdrop of eased entry restrictions and the weaker yen.」

「In the hotel industry, the normalization of social activity progressed, including the classification of COVID-19 as a Class 5 disease under the Infectious Diseases Control Law. Although the recovery in corporate demand was gradual, personal demand recovered, as shown by increases in domestic travelers and visitors to Japan due to the weaker yen.」

「In the hotel and tourism industries, demand was recovering due to government and local-government measures to stimulate tourism demand and an increase in visitors to Japan accompanying the easing of border-control measures.」

「In the hotel and tourism industries, inbound demand remained extremely weak due to the continuation of border-control measures upon entry. In Japan, however, no restrictions such as quasi-emergency measures were imposed, and slight signs of recovery also emerged in the hotel and tourism industries.」

「Although demand from visitors to Japan and domestic accommodation demand had not recovered sufficiently, demand gradually began to recover, mainly in domestic personal consumption, as the state of emergency and quasi-emergency measures issued during the first quarter of the previous fiscal year ended in March 2022 and operating restrictions were eased.」

「The impact of COVID-19 was particularly severe in the hotel and tourism industries, and an unprecedented situation continued, including the prolonged disappearance of inbound demand, requests to refrain from traveling across prefectural borders, and restrictions on social gatherings and the serving of alcoholic beverages.」

「In the hotel and tourism industries, lodging demand did not recover due to travel restrictions and requests to refrain from traveling across prefectural borders, while banquet use remained at a low level amid restraint on events and meetings, resulting in continued harsh operating conditions.」

「The hotel industry faced an extremely challenging operating environment, as accommodation demand from visitors to Japan and domestic travelers had not recovered, and due to restrictions on going out and holding events, requests for shortened business hours and restrictions on serving alcoholic beverages at restaurants, and a decline in banquet use accompanying the deterioration in corporate earnings.」

「The hotel and tourism industries were particularly hard hit. Although tourism support measures such as the “Go To Campaign” provided a temporary lift, the operating environment became unprecedentedly difficult due to the disappearance of inbound demand caused by travel restrictions, calls for restraint on outings and events, and requests for restaurants to shorten their operating hours.」

「The hotel and tourism industry was among the most severely and directly affected. Inbound demand disappeared abruptly due to travel restrictions, and the industry faced an unprecedented crisis, including being forced to substantially reduce operations in response to government requests to refrain from going out and holding events.」

「The hotel industry also entered an extremely challenging operating environment due to sluggish accommodation demand resulting from the sharp decline in visitors to Japan, the government's requests for people to refrain from going out and holding events, and a decline in banquet use accompanying the deterioration in corporate earnings.」

「In the hotel industry as well, an extremely challenging operating environment is expected to continue, due to the sharp decline in visitors to Japan, sluggish accommodation demand resulting from the postponement of the Tokyo Olympic and Paralympic Games, the government's requests for people to refrain from going out and holding events, and a decline in banquet use accompanying the deterioration in corporate earnings.」

「ホテル業界におきましては、訪日外国人客数の増加に支えられ宿泊は概ね好調でしたが、宴会は法人利用が減少するなか競合ホテル間の販売競争が激化するなど、総じて厳しい経営環境となりました。」

「ホテル業界におきましては、訪日外国人客数の増加に支えられ宿泊は概ね好調でしたが、宴会は法人利用が減少するなか競合ホテル間の販売競争が激化するなど、総じて厳しい経営環境となりました。」

「ホテル業界におきましては、競合ホテル間での販売競争の激化などがありましたが、訪日外国人客数のさらなる増加に伴い、客室販売を中心に良好な経営環境が続きました。」

「In the hotel industry, lodging demand and corporate use remained solid as the number of visitors to Japan increased, and although the industry was affected by a succession of natural disasters, the operating environment was generally favorable.」

「In the hotel industry, lodging demand and corporate use remained solid as the number of visitors to Japan increased, and although the industry was affected by a succession of natural disasters in western Japan and elsewhere, the operating environment was generally favorable.」

「ホテル業界におきましては、新規ホテルの開業等による客室の供給増や競合ホテル間での価格競争の激化などがありましたが、訪日外国人客数の増加や好調な国内需要を背景に概ね良好な経営環境が続きました。」

「Demand continued to expand, particularly for accommodation, with the number of visitors to Japan reaching a record high, but」

「ホテル業界におきましては、アジアを中心とした訪日外国人客の増加が続きましたが、新規ホテルの開業等による客室の供給増や競合ホテル間での価格競争の激化など、厳しい経営環境となりました。」

「ホテル業界におきましては、アジアを中心とした訪日外国人客の増加が続きましたが、新規ホテルの開業等による客室の供給増や競合ホテル間での価格競争の激化など、厳しい経営環境となりました。」

「In the hotel industry, a favorable operating environment continued against a backdrop of an increase in visitors to Japan and strong domestic demand.」

「In the hotel industry, a generally favorable operating environment continued, supported by an increase in visitors to Japan driven by various government initiatives to promote tourism.」

「The hotel industry performed well, underpinned by an increase in visitors to Japan resulting from various government measures to promote Japan as a tourism-oriented nation, among other factors.」

「In the hotel industry, generally favourable operating conditions continued, underpinned by an increase in visitors to Japan resulting from various government measures to promote Japan as a tourism-oriented nation, among other factors, particularly in room sales.」

「ホテル業界におきましては、販売競争が激化しているものの、国内需要の回復や訪日外国人客数の増加により、宿泊を中心に堅調な経営環境が続きました。」

「In the hotel industry, favourable operating conditions continued, supported by an increase in visitors to Japan, particularly from Asia, and steady tourism demand from Japanese travellers. Room occupancy rates rose and average room rates also increased.」