Travel-demand recovery preparations in anticipation of the Go To Travel campaign and other measures
First written in FY2020. 2 of 6 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2022: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2023-Q3AdvancedAnnual report
「Against this backdrop, while taking all possible measures against COVID-19, the Group worked to operate school trips and other group tours and domestic individual tours, and sought to expand tour sales at 近畿日本ツーリスト㈱ and クラブツーリズム㈱ using public subsidies such as the Prefectural Residents' Travel Discount and the National Travel Assistance program.」
Both companies expanded tour sales using public subsidies such as the National Travel Assistance program. The National Travel Assistance program began on 11 October 2022, marking a shift from waiting for the resumption of Go To Travel to implementing demand-stimulation measures using public subsidies. - FY2022SoftenedAnnual report
「In the travel industry, the expected resumption of the Go To Travel campaign was postponed, and the industry was unable to emerge from the sharp deterioration in travel demand.」
The preparations previously made in anticipation of a recovery in demand through Go To Travel did not lead to a recovery because the campaign's resumption was postponed. - FY2021RestatedAnnual report
「Although the Go To Travel campaign launched in July 2020 briefly stimulated activity, its effect was limited because the campaign was scaled back and suspended amid the third wave of COVID-19 infections that arrived in late November.」
The Company confirmed for the full fiscal year that the demand-recovery effect of Go To Travel had been temporary and limited, as described through the previous quarter. - FY2021-Q3SoftenedAnnual report
「In the travel industry, overseas travel and inbound travel could not be operated throughout the period. Domestic travel temporarily became active following the launch of the Go To Travel campaign in July, but its effect was temporary because the third wave of COVID-19 infections arrived from late November and the campaign was scaled back.」
The demand-recovery effect of the Go To Travel campaign was temporary, and its impact was limited when the campaign was scaled back in response to the third wave. - FY2021-Q2AdvancedAnnual report
「Although the Go To Travel campaign started on 22 July, travel to and from Tokyo was excluded from the program through the end of September, limiting its impact.」
The Go To Travel campaign started on 22 July, a specific development, but its impact in the quarter was described as limited because travel to and from Tokyo was excluded. - FY2020First statedAnnual report
「In response to the Go To Travel campaign (provisional name), a public-private emergency economic measure for COVID-19, the Group is working with relevant partner organizations to establish a system that will enable it to capture the travel demand expected to expand substantially after the pandemic subsides.」
In anticipation of a recovery in travel demand after the pandemic subsides, the Company established measures to respond to the Go To Travel campaign and to build a system with partner organizations.