Temporary hotel closures, reduced operations and consolidation of operating locations
First written in FY2021-Q1. 6 of 10 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「Under these circumstances, although we continued to adjust operations in some areas due to staff shortages, we accurately captured demand from domestic tourism and inbound travel and expanded sales, mainly in the accommodation segment.」
While some operating adjustments continued, the Company notes that it increased sales, mainly in lodging, by capturing domestic tourism and inbound demand. - FY2024-Q2MitigatedAnnual report
「In terms of operations, we increased sales, mainly in lodging and restaurants, supported by measures such as the nationwide travel assistance program and an increase in inbound tourists. Use of banquets involving food and beverages also gradually increased.」
Against the backdrop of travel assistance, an increase in inbound tourists and the recovery of banquet use, the business environment that had resulted in temporary closures and reduced operations improved, and sales from lodging, restaurants and banquets increased. - FY2024-Q1MitigatedAnnual report
「In terms of operations, we increased sales, mainly in lodging and restaurants, supported by measures such as the nationwide travel assistance program and the easing of border controls. Use of banquets involving food and beverages also gradually increased.」
Against the backdrop of the nationwide travel assistance program, the easing of border controls and the downgrading of the infectious disease classification, use of lodging, restaurants and banquets recovered, improving the environment that had resulted in reduced operations. - FY2023MitigatedAnnual report
「From the second half, supported by measures such as the nationwide travel assistance program and the easing of border controls, we increased sales, mainly in lodging and restaurants. Demand in the banquet division also increased as infection-control measures were eased, and use of banquets involving food and beverages gradually increased.」
Demand for lodging, restaurants and banquets recovered as a result of travel assistance, the easing of border controls and the easing of infection-control measures, improving the environment that had resulted in temporary closures and reduced operations. - FY2023-Q2MitigatedAnnual report
「In Kyoto’s hotel industry, the lifting of restrictions on activities related to the novel coronavirus and the launch of travel support programs by local governments and others led to an increase in tourists and growing use of banquets involving food and beverages, resulting in a gradual recovery trend.」
As the lifting of restrictions on activities and the launch of travel assistance increased tourism and banquet use, the environment that had resulted in temporary closures and reduced operations shifted toward a gradual recovery. - FY2023-Q1MitigatedAnnual report
「In Kyoto’s hotel industry, the lifting of restrictions on activities related to the novel coronavirus led to increases in tourism and business travel, among other forms of demand, as well as growing use of banquets involving food and beverages, resulting in a gradual recovery trend.」
The operating environment that had resulted in temporary closures and reduced operations has shifted toward a gradual recovery as the lifting of restrictions on activities increased tourism, business travel and banquet use. - FY2021WorsenedAnnual report
「However, the Company again faced difficult operating conditions because the GoTo Travel campaign was suspended due to the renewed spread of COVID-19 and operations were curtailed under the second declaration of a state of emergency.」
The Company notes that, after resuming operations and seeing signs of recovery, it again faced difficult conditions involving curtailed operations because GoTo Travel was suspended and a second state of emergency was declared. - FY2021-Q3WorsenedAnnual report
「Although the Kyoto hotel industry began to show signs of recovery through measures such as GoTo Travel, it was forced to implement temporary closures and reduced hours because people refrained from travel and dining out amid the renewed spread of COVID-19, and extremely difficult conditions have continued.」
After signs of recovery from the GoTo initiatives, the industry returned to a situation in which it was forced to implement temporary closures and reduced hours because of the renewed spread of infections. - FY2021-Q2AdvancedAnnual report
「Meanwhile, Karasuma Kyoto Hotel was temporarily closed from after the declaration of a state of emergency until mid-July, but subsequently resumed operations and has been gradually increasing capacity toward the autumn tourism season.」
The Company notes that Karasuma Kyoto Hotel resumed operations after its temporary closure following the declaration of a state of emergency and has been gradually increasing capacity toward the autumn tourism season. - FY2021-Q1First statedAnnual report
「While major hotels in Kyoto were closed from mid-April through the end of June, Hotel Okura Kyoto continued operating on a reduced basis with only 2 floors in service, giving top priority to the safety of guests and employees and implementing thorough hygiene controls. Meanwhile, Karasuma Kyoto Hotel was temporarily closed from 14 April through the end of the first quarter of the current fiscal year in order to consolidate its operating location at Hotel Okura Kyoto.」
The Company discloses for the first time that Hotel Okura Kyoto operated on a reduced basis with only 2 floors in service, while Karasuma Kyoto Hotel temporarily closed as its operating location was consolidated.