Steady performance in wedding and general banquets

「Meanwhile, the bridal segment was affected by the contraction of the market, with both the number of orders and revenue below the same period of the previous year.」

「ホテルオークラ京都におきましては、一般宴会の受注件数は前年同期を下回ったものの、市内大型祝賀会やMICE案件などの大型宴会を受注したことから、１件当たりの利用人数および単価は前年を上回り、売上高は前年同期並みとなりました。一方で、婚礼は市場規模縮小を背景に受注件数が伸び悩みました。」

「As a result, total banquet segment revenue was ¥2,890 million, up 11.8% from the previous fiscal year.」

「At Hotel Okura Kyoto, operating adjustments were made due to partial renovation work on the banquet halls. However, increases in orders for large-scale banquets, including international conferences, academic conferences and celebration parties, kept the number of events broadly level with the previous year, while revenue increased substantially. In the bridal segment, the hotel secured slightly more orders than the previous year despite the contraction of the market.」

「At Hotel Okura Kyoto, the number of orders and revenue from general banquets were below the previous year, but demand for conference banquets was strong and generated higher revenue than the previous year. In addition, orders for large-scale projects, including MICE events and celebration parties, resulted in revenue per event exceeding the previous year. Meanwhile, wedding banquets remained in a difficult situation as the bridal market contracted, with both the number of orders and revenue substantially below the previous year.」

「At Hotel Okura Kyoto, banquet revenue increased substantially in the previous year following the end of the COVID-19 pandemic, creating a temporary surge in demand. However, the number of events fell substantially because of the reaction to that surge, intensified competition from other hotels in the city, and cancellations caused by an approaching typhoon.」

「At Hotel Okura Kyoto, orders for banquets with large numbers of events and attendees, including company-hosted anniversary celebrations and conferment-of-honour celebrations, continued to increase, and company-hosted events also performed well. At Karasuma Kyoto Hotel, demand for school trips and similar business increased, as it did for accommodation, and revenue remained steady. As a result, banquet segment revenue was ¥2,027 million, an increase of ¥549 million year on year.」

「At Hotel Okura Kyoto, the number of attendees per event remained below pre-pandemic levels, but orders increased for banquets with large numbers of events and attendees, including anniversary celebrations, conferment-of-honour celebrations and large exhibitions. Company-hosted events held during the summer also performed well. At Karasuma Kyoto Hotel, corporate banquets involving meals continued to increase, and revenue remained steady. As a result, banquet segment revenue was ¥1,187 million, an increase of ¥369 million year on year.」

「At Hotel Okura Kyoto, as social and economic activity recovered following the downgrading of COVID-19 under the Infectious Diseases Act, the number of banquets involving food and beverages increased and the number of events itself recovered to the same level as before the COVID-19 pandemic. However, events continue to be held more often with fewer attendees than before, so the hotel worked to secure profit by raising room rental and other fees.」

「As a result, total banquet segment revenue was ¥2,035 million, up 102.9% year on year.」

「As a result, banquet segment revenue was ¥1,477 million, an increase of ¥706 million year on year.」

「As a result, banquet segment revenue was ¥817 million, an increase of ¥446 million year on year.」

「At Hotel Okura Kyoto, as social and economic activity recovered, the number of banquets involving meals, such as celebration parties and receptions, increased, and the number of events itself recovered to the same level as before the COVID-19 pandemic. However, the hotel continues to take infection prevention and other considerations into account, and events are more often being held with fewer attendees than before.」

「As a result, banquet segment revenue was ¥1,002 million, up 62.0% year on year.」

「As a result, banquet segment revenue was ¥771 million, an increase of ¥308 million year on year.」

「As a result, banquet segment revenue was ¥370 million, an increase of ¥201 million year on year.」

「Against this backdrop, the company implemented safety measures, including the efficient placement of acrylic panels, the use of spacious banquet halls, and seating layouts that provided sufficient spacing. Demand for hotel-hosted events, web conferences and small-scale banquets increased slightly from the previous year. As a result, banquet segment revenue was ¥195 million, an increase of ¥148 million year on year.」

「As a result, banquet segment revenue was ¥619 million, down 79.3% year on year.」

「As a result, banquet segment revenue was ¥463 million, down 81.0% year on year.」

「As a result, banquet segment revenue was ¥46 million, down 94.7% year on year, while restaurant segment revenue was ¥115 million, down 83.3% year on year.」

「As a result, total banquet segment revenue was ¥2,992 million, down 13.2% year on year.」

「At Hotel Okura Kyoto, general banquets remained steady because of increases in large-scale projects and conference bookings. However, wedding banquets remained in a difficult situation, including a substantial decline in the number of events, while restrictions on working hours associated with a review of work practices also affected revenue, which decreased by ¥99 million year on year. At Karasuma Kyoto Hotel, strong orders for general banquets resulted in revenue increasing by ¥10 million year on year. As a result, total banquet segment revenue was ¥2,434 million, down 3.5% year on year.」

「At Hotel Okura Kyoto, general banquets performed steadily because of increases in large-scale MICE projects and conference bookings. However, wedding banquets were affected by declines in the number of events and attendance amid an increase in competing hotels and a rise in couples choosing venues other than hotels, resulting in revenue decreasing by ¥29 million year on year. At Karasuma Kyoto Hotel, strong orders for general banquets and increases in the number of events and attendance resulted in revenue increasing by ¥3 million year on year. As a result, total banquet segment revenue was ¥1,532 million, down 1.6% year on year.」

「At Hotel Okura Kyoto, general banquets exceeded the same period of the previous year, supported by the acquisition of large-scale MICE projects and similar business. However, the number of wedding banquets and average attendance fell substantially from the same period of the previous year, resulting in revenue decreasing by ¥19 million year on year. At Karasuma Kyoto Hotel, the number of general banquets exceeded the same period of the previous year, but the limited number of large-scale banquets affected revenue, which decreased by ¥11 million year on year. As a result, total banquet segment revenue was ¥872 million, down 3.4% year on year.」

「As a result, total banquet segment revenue was ¥3,446 million, up 9.2% from the same period of the previous year.」

「At Hotel Okura Kyoto, revenue increased by ¥172 million from the same period of the previous year because the number of wedding banquets rose substantially and the number of general banquets and average attendance increased with the hosting of large-scale events; the previous year had also included a closure for renovation of the main banquet hall, Gyoun. At Karasuma Kyoto Hotel, increases in general banquets and conference bookings resulted in revenue increasing by ¥31 million from the same period of the previous year. As a result, total banquet segment revenue was ¥2,522 million, up 8.8% from the same period of the previous year.」

「At Hotel Okura Kyoto, the average attendance per wedding banquet declined as events became smaller, but the number of events increased substantially. General banquets also benefited from increases in large-scale MICE projects and conference bookings, and revenue increased by ¥163 million from the same period of the previous year, which included renovation work on a banquet hall. At Karasuma Kyoto Hotel, increases in the number of general banquets and attendance, higher food prices, and steady orders for school-trip dinners resulted in revenue increasing by ¥20 million from the same period of the previous year. As a result, total banquet segment revenue was ¥1,558 million, up 13.4% from the same period of the previous year.」

「At Hotel Okura Kyoto, revenue from wedding banquets declined because attendance fell substantially despite an increase in the number of events. However, the substantial increase in the number of general banquets resulted in revenue increasing by ¥20 million from the same period of the previous year. At Karasuma Kyoto Hotel, increases in the number of general banquets and conference bookings, together with higher breakfast use accompanying an increase in the number of guests staying at the hotel, resulted in revenue increasing by ¥27 million from the same period of the previous year. As a result, total banquet segment revenue was ¥902 million, up 5.6% from the same period of the previous year.」

「At Hotel Okura Kyoto, revenue from general banquets fell below the previous full-year level because of a decline in the number of events, renovation work on the main banquet hall, Gyoun, and a substantial reduction in osechi cuisine sales. Wedding banquets also remained sluggish in terms of both the number of events and revenue because of a decline in the number of new bridal customers visiting the hotel. As a result, revenue decreased by ¥346 million year on year. At Karasuma Kyoto Hotel, dinner revenue declined because of a decrease in school-trip bookings; although the hotel sought to recover the shortfall through events, revenue was slightly below the previous year's level. As a result, total banquet segment revenue was ¥3,124 million, down 10.0% year on year.」

「At Hotel Okura Kyoto, revenue decreased by ¥226 million year on year, as the number of wedding banquets fell substantially from the strong level of the previous year, general banquets remained at a normal level with no replacement for the large-scale event held the previous year, and sales were suspended during the full renovation of the main banquet hall, Gyoun. At Karasuma Kyoto Hotel, revenue was slightly below the previous year because demand for dinners for school trips was weak. As a result, total banquet segment revenue was ¥2,179 million, down 9.4% year on year.」

「At Hotel Okura Kyoto, revenue decreased by ¥52 million year on year, as the number of wedding banquets fell substantially from the strong level of the previous year and general banquets remained at a normal level, with no replacement for the large-scale event held the previous year. At Karasuma Kyoto Hotel, revenue decreased by ¥7 million year on year because the number of general banquets and attendance fell below the previous year. As a result, total banquet segment revenue was ¥1,660 million, down 3.5% year on year.」

「At Hotel Okura Kyoto, revenue decreased by ¥68 million year on year, as the number of wedding banquets fell substantially from the strong level of the previous year and general banquets remained at a normal level, with no replacement for the large-scale event held the previous year.」

「At Hotel Okura Kyoto, the number of general banquets was slightly above the previous year, but revenue was lower because of declines in the average spend per event and attendance. Meanwhile, the number of wedding banquets was broadly unchanged, but attendance and the average spend per event increased substantially, resulting in higher revenue than the previous year. As a result, Hotel Okura Kyoto's banquet segment revenue increased by ¥76 million year on year. At Karasuma Kyoto Hotel, increases in the number of general banquets, attendance and the average spend per event resulted in revenue increasing by ¥11 million year on year. As a result, total banquet segment revenue was ¥3,471 million, up 2.6% year on year.」

「At Hotel Okura Kyoto, wedding banquets substantially exceeded the previous year in both the number of events and attendance. General banquets also recorded increases in both the number of events and the average spend per event, resulting in total revenue increasing by ¥163 million year on year. At Karasuma Kyoto Hotel, the number of general banquets and attendance exceeded the previous year, including orders for large-scale banquets, resulting in revenue increasing by ¥33 million year on year. As a result, total banquet segment revenue was ¥2,406 million, up 8.9% year on year.」

「At Hotel Okura Kyoto, the number of wedding banquets and attendees both substantially exceeded the previous year. At general banquets, although the number of attendees declined, the increase in the number of events and average prices resulted in a ¥108 million year-on-year increase in total revenue. As a result, total banquet segment revenue was ¥1,720 million, up 8.3% year on year.」