Olympics delay a blow for virus-hit Tokyo hotels

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TOKYO: The shock postponement of the Tokyo 2020 Olympics has dealt a savage blow to Japan's hotels and tourism industry, already reeling from the ...

"This is an enormous shock for us, with sales in many of our member hotels already down by half because of plunging demand for tourism, not only from abroad but also inside Japan due to the coronavirus," said Shigemi Sudo, secretary general of the Tokyo Hotels and Ryokans Association.

Keio Plaza Hotel in Tokyo's busy Shinjuku district - home to the victorious Springboks during the Rugby World Cup - said it began receiving cancellation calls shortly after the delay was announced. Even before the postponement it had been struggling with the"grave impact" of a downturn in tourism because of the pandemic, and had slashed its net profit forecast for the fiscal year ending this month by 37 per cent.

Just months ago, JTB, one of Japan's largest tour agencies, was selling Olympic packages bundling trips to Tokyo with tickets. Now they too are in a holding pattern, waiting for guidance.

 

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