Japanese hotels and travel agencies struggle as virus hits bookings
According to a Japan Tourism Agency survey, more than 40% of respondents in the hotel business said reservations dropped by over 70% between January and May this year.
Travel agency H.I.S. sees sales plunge 80% in November-January
H.I.S. logged an operating loss of ¥11.68 billion and a net loss of ¥7.98 billion in the three months through January.
Travel agency JTB to cut capital to gain tax advantage amid pandemic
The planned capital cut from over ¥2.3 billion would mean JTB can receive preferential tax treatment for smaller companies with ¥100 million as the upper limit for capital.
Coronavirus-hit travel firms cut staff and branches in rush to restructure
As part of their restructuring efforts, the companies are also looking to branch out into lines of business not directly related to travel.
Major travel agency JTB to close 20% of outlets in Japan amid pandemic
As COVID-19 fears cause pain across the travel industry, rival H.I.S. Co. is also planning to shutter a third of its domestic outlets.
Asia's biggest online travel agency says Japan-China tourism primed for rebound
If Japan and China can reach an agreement on reciprocal travel, the chairman of Asia's biggest online travel agency sees outbound travel spiking from pent-up demand.
Starbucks to restart in-store services in Tokyo; travel agencies to resume in June
Starbucks Coffee Japan Ltd. said Tuesday it will restart the use of seats in stages starting Wednesday in Tokyo and four other prefectures where the coronavirus state of emergency was lifted Monday. At present, the company only offers takeout services at some 500 outlets in ...
Nippon Travel opens crisis management center in Malaysia targeting Japanese firms
Japan's Nippon Travel Agency Co. has launched a crisis management center for travelers and expats in the capital of Malaysia, to cash in on an increasing awareness of crisis management among overseas Japanese firms. The travel agency and its Singaporean arm, NTA Travel (Singapore) Pte. ...
Hong Kong Airport disruption bad news for Japanese travelers
A protest at Hong Kong airport could not have come at a worse time for people who booked vacations to coincide with the Bon holiday this week.
Study abroad and travel agencies on edge in wake of London Bridge attack
Japanese travel agencies and study abroad companies report no casualties or cancellations related to the terrorism turmoil in London but say they are warily mulling their options.
Tellmeclub's bankruptcy grounds discount travel services
On March 27, discount travel company Tellmeclub filed for bankruptcy while a number of its Japanese customers were still overseas on package tours. Owing to the way its trips are paid for, these tourists still had valid return plane tickets but would have to pay ...
Bankrupt travel agency Tellmeclub admits to faking profits to stay afloat
A failed budget travel agency that offered overseas tours repeatedly misrepresented its finances since 2014, according to a petition to commence bankruptcy proceedings obtained by Kyodo News on Thursday. The Tokyo-based travel agency Tellmeclub incurred an operating loss of more than ¥1.5 billion ($13.5 million) ...
