Tags : reason
Why the new hotel business failed: three crucial reasons?
2020年10月6日 Philosophy
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 wide hotel chain. Since the COVID-19 pandemic, Ecc had been underperforming as their main target …
Fundamental reasons for Hotel bankruptcy
2020年9月18日 Market Trend
In Japan, several hotel under performance and bankruptcy cases have been seen since COVID-19 pandemic appeared in this Feb. However, a hotel consultancy mentioned that before COVID, hotel industry had already been saturated in supply even for the increasing demand and financial conditions of so-called budget hotels had been unhealthy. I had a discussion with …
JP Hotel bankruptcy cases and their background
2020年8月25日 Market Trend
According to the hotel bank, https://hotelbank.jp/coronavirus-bankruptcy-hotel-july12020/ the hotel bankruptcy cases we have found so far are as follows. Especially Ryokan bankruptcy cases are notable. Ryokan can vary from 2-5 star hotels in terms of services and facilities accompanied by traditional Japanese style, full service and full board. Till June 2020, officially 35 hotels have been …
Why doing business in JP is so difficult?
2020年7月16日 Japanese Society
I would like to point out three fundamental reasons. 1 Language 2 Matured economy 3 Ambiguous power structure 1 Language Most Japanese don’t speak English. That’s very funny. From junior high school to university, most of Japanese spend a lot of time in learning English. However, quite a few people use English …
