Improving profitability by offsetting lower customer traffic with premium products
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2023.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「By introducing a revenue management system, we optimized prices by flexibly adjusting them based on demand forecasts using artificial intelligence technology, taking into account our sales and competitors' price movements in a constantly changing market, and sought to maximize profitability while limiting occupancy.」
The policy of improving profitability through higher-priced products took concrete form in price optimization using a revenue management system with AI-based demand forecasting. - FY2022AdvancedAnnual report
「With the completion of renovations to some upper-floor rooms and the club lounge, we expanded our range of higher-priced, high-value-added products and strengthened our earnings capacity.」
The policy of offsetting lower customer numbers with higher-priced products progressed through the completion of renovations to upper-floor rooms and the club lounge and the expansion of high-value-added products. - FY2021AdvancedAnnual report
「We will carry out partial renovations of high-category rooms, including suites on the upper floors of the Tower Building, and aim to increase earnings by selling higher-priced products as demand recovers.」
The policy of offsetting lower customer numbers with higher-priced products has taken concrete form in partial renovations of suites and other rooms on the upper floors of the Tower Building and in a sales plan. - FY2020First statedAnnual report
「Our policy is to improve profitability by selling higher-priced products while offsetting the decline in customer numbers.」
A policy of improving profitability through sales of higher-priced products was stated for the first time as a response to the decline in customer numbers caused by the infectious disease.