Komori
The Kyoto Hotel (9723) · InitiativeAdvanced

Increasing occupancy and revenue through frequent room-rate reviews

First written in FY2022. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.

5entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2022AdvancedFY2023 – FY20262022: 120222023: 220232024: 020242025: 120252026: 12026
Same theme, other companies
Active Use of Dynamic Pricing in Hotel OperationsA theme 10 companies write about · 0 as a headwind · 11 as a tailwind

4 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In addition, sales initiatives aimed at increasing room rates proved effective and contributed to improved profitability.」

    It states that the approach progressed from reviewing room rates to sales initiatives aimed at increasing room rates, contributing to improved profitability.
  2. FY2025AdvancedAnnual report

    「In addition to stable domestic tourism demand, we accurately captured expanding inbound demand and actively pursued sales based on pricing that emphasized profitability.」

    The policy evolved from reviewing room rates to combining profitability-focused pricing with proactive sales, leading to higher-priced sales and a new annual revenue record at Hotel Okura Kyoto, as well as higher average rates at Karasuma Kyoto Hotel.
  3. FY2024-Q2AdvancedAnnual report

    「At Karasuma Kyoto Hotel as well, performance remained strong, supported by an increase in foreign group guests and a review of room rates.」

    Continued room-rate reviews, combined with an increase in foreign group guests, have contributed to strong accommodation revenue at Karasuma Kyoto Hotel.
  4. FY2023AdvancedAnnual report

    「At Hotel Okura Kyoto, bookings increased for both group and individual customers, and a review of room rates also resulted in revenue substantially exceeding the previous year's level.」

    It states that continued reviews of room rates, combined with increases in group and individual bookings, led to a substantial increase in accommodation revenue.
  5. FY2022First statedAnnual report

    「At Hotel Okura Kyoto (name changed from Kyoto Hotel Okura on 20 January 2022), we sought to increase revenue by frequently reviewing room rates and taking other measures to increase room occupancy, but revenue declined year on year due to the impact of price competition with competitors.」

    It describes, for the first time as a standalone item, frequent room-rate reviews as a means of increasing room occupancy.
Moved together

"Accommodation demand from individual travelers and foreign visitors to Japan" moved the same way as this thread, in the same document, in 4 of its 5 moves.

444333★123456
  1. ★This thread
  2. 1Accommodation demand from individual travelers and foreign visitors to Japan4×
  3. 2Increase in lodging revenue from international guests and domestic leisure travelers4×
  4. 3Funding through the refinancing of long-term borrowings and other debt4×
  5. 4Increasing revenue through guest-room renovations and capital investment3×
  6. 5Steady performance in wedding and general banquets3×
  7. 6First-quarter operating profit broadly in line with the previous year despite lower revenue3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for The Kyoto Hotel yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.