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Tags : new business

How to transform a declining industry, advice from an entrepreneur Part1

Mr. Inamori* has shared a lot of tips to survive under recession. Under this COVID pandemic, the first half of this year, we have already found several bankruptcy cases in the hospitality and tourism industries. Most of them were already in danger in terms of their financial status before the pandemic.   This time, by …

Why the new hotel business failed: three crucial reasons? Part2

When it comes to enter into the new business, two extreme cases can be analyzed. Eccentric Co, (Anonymous ), originally started as a company dealing with pachinko, Japanese slot machine business, during the inbound boom late 2010s’, started hotel business. Their hotel chain called Ecc hotel had developed in a short term to the nation …

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