Japanese hotel bookings suffer 90 percent drop over coronavirus: survey
Nikkei -- Mar 25
Some Japanese hotels saw March and April bookings drop as much as 90% year on year amid the new coronavirus outbreak, according to a survey conducted by the land ministry, as the tourism industry continues to teeter.

The survey, which examined the impact of the pandemic on tourism, also revealed a nearly 70% decline in business for small and mid-sized travel companies, as well as significant plunges for airlines and chartered bus operators.

The survey showed bookings and passenger traffic revenues for March and April, as of March 17.

A total of 97 companies in the hotel and accommodation sector responded to the survey, which showed bookings for the two months expected to plunge by 30% to 90% from the same months last year, depending on the company.

Meanwhile, 47 companies in the travel sector expect a 74% drop for March and 68% for April.

On average, 79 of the chartered bus operators polled expect a decline of 79% for March and 64% for April.

Airlines said the number of passengers are expected to decline by 60% for international flights and 45% for domestic flights in March, likely to decline of 46% and 45% in April, respectively.

News source: Nikkei
Jun 01
Japan's government is set to ask all independent administrative corporations and government-designated corporations handling personal information, to consider security risks when purchasing telecommunication equipment. (NHK)
May 30
Despite Nissan Motor Co.’s latest efforts to become more cost-efficient and profitable by strengthening its collaboration with Renault SA, its business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say. (Japan Times)
May 30
Looking for an easy business idea to start fast? (newsonjapan.com)
May 29
Japan's textile imports surged in April, fuelled by growing demand for face masks. (NHK)
May 29
Nissan Motor has posted its first net loss in 11 years in the business year through March, amounting to more than 670 billion yen, or 6.2 billion dollars. (NHK)
May 29
NTT Docomo, Japan's largest mobile carrier, said Thursday it has secured exclusive rights to offer Disney's streaming service Disney+ in the country starting June 11. (Nikkei)
May 28
Japan's Diet has enacted legislation to tighten regulations on IT giants by requiring them to ensure transparency of their online business transactions with their business partners. (NHK)
May 28
The announcement by Las Vegas Sands Corp. to withdraw from building an integrated casino resort at the start of May came as a major setback in the country's efforts to popularise casinos. (newsonjapan.com)
May 27
Japan is slowly bringing its economy back on line as a state of emergency was fully lifted after almost two months. While many in Tokyo seemed eager to reclaim a sense of normalcy, steps to keep the coronavirus at bay mean it's far from business as usual. (NHK)
May 27
The lifting of the state of emergency in Tokyo saw many people resuming their daily commutes by train on Tuesday. With stations bustling, the city seemed almost normal. (Nikkei)