Tag: "HIS"
HIS decides to sell out its 100% subsidiary HTB Energy with excess of debt, stepping out from the energy business
HIS has decided to sell out its 100% subsidiary HTB Energy with excess of debt, posting a deficit of about 10 billion JPY for FY2021.
HIS doubled its annual deficit to the worst 50 billion JPY for FY2021, expecting overseas travel demand recovery next summer
HIS posted a net loss of 50 billion JPY for FY2021 ended October 31 2021, doubling from the previous fiscal year. Hideo Sawada, HIS President said. “We expect that overseas travel demand may begin recovering the next summer.”
HIS establishes a partnership body to create a distribution channel to promote tourism in Japan with Japanese foods
HIS and Terroir and Tradition Japan, a food trading firm, established a partnership body ‘Fooravel & Delivalue’ to deliver information on a variety of Japanese foods particularly in Europe.
HIS continues struggling with an increase in deficit and a large decrease in sales for Q3 of FY2021
HIS increased net loss to 33.2 billion JPY for the third quarter of FY2021 from November 1 2020 to July 31 2021 from 16.7 billion JPY a year earlier, and sales were continuously down 77.4% year on year.
HIS America launches a sustainable travel booking site to find how much CO2 your travel emits
HIS International Tours, a local firm of HIS in America, has launched ‘Copolo,’ an online booking site exclusively for sustainable travel, in collaboration with CHOOOSE, a startup of Norway.
The first Henn na Hotel in a foreign country opens in Seoul on August 1, offering a check-in service outside the hotel
HIS Holdings opened ‘Henn na Hotel Seoul Myeongdong,’ the first Henn na Hotel brand in a foreign country, on August 1 2021, available an exclusive app, a guest can check in anywhere outside the hotel.
The first Japanese Tour Grand Prix 2021 in two years picks ‘Land Cruise JTB,’ seat-in-couch tour in Europe, as Tourism Minister Award
'Tour Grand Prix 2021,’ which was the 28th Grand Prix for the first time in two years, picked ‘Land Cruise JTB,’ a seat-in-couch tour product in Europe, as Minister of Land, Infrastructure, Transport and Tourism Award and four online tours were selected as digital category for overseas travel.
HIS said, “We are hitting a bottom now,’ when it announced 23.2 billion JPY in deficit for the first half of FY2021
Posting 23.2 billion JPY in net loss for first six months of FY2021, HIS aims to lower the sales ratio of core travel business from 70% currently to around 50% in the next five years, focusing on restaurant business and ryokan rehabilitation business as a new business portfolios.
HIS opens unstaffed stores to provide shoppers in malls with online travel consultation
HIS will open unstaffed stores to provide online travel consultation in ‘Aeon Mall’ in Hokkaido and Aomori, using VR technology of Nurve.
HIS still remained in large losses for the Q1 of FY2021, giving up shifting to a holding company system
HIS continued posting worse financial results for Q1 of FY2021 (November 1 2020 to January 31 2021), posting net loss of 8 billion JPY, and announced to give up shifting to a holding company system in November 2021 originally to survive the current challenging situation.
Participants in HIS online tours exceeded 50,000 in total, including 3,600 for world tour experiences
HIS's offering online tours have collected 50,000 or more participants in total since the product was launched in April 2020 to anchor people’s mind to restart overseas travels in the future.
HIS launches a paid membership online community, expecting to create innovative products with ideas from communication
HIS has launched ‘TABIFLEEEEEK,’ a paid membership online community to create new travel services or products with ideas from the travel lover community and to seize demands after the pandemic.
Dropping to net loss of 25 billion JPY for FY2020, HIS is forcing through shutdown of 105 retail stores in Japan
HIS will reduce its retail stores in Japan from 259 to 212 in the end of FY2020 and to 154 in Q1 of FY2021, as it posted net loss of 25 billion JPY for the full year of FY2020 ended October 31 2020. Chairman Sawada said “We are trying to regain profit in the latter half of FY2021.”
HIS, one of the leading Japanese travel agents, begins selling package tours for Hawaii and Guam with travel insurance
HIS has started selling its package tour brand Ciao for Hawaii and Guam departing after December 20 2020, which include HIS’s original travel insurance and compensation for an unexpected cancellation before departing.
HIS launches a new digital service combing AI-based chat with face-to-face customer communication
HIS launched a new digital service on its smart phone booking site by combining AI-based chat with real customer communication like in-store customer service, expecting to meet needs of contactless services under new normal.
HIS reduced travel business revenue by 33% in 3Q of FY2020, falling into operating loss of 12 billion JPY
HIS suffered from large decreases in revenue and profits in the third quarter of FY2020 (November 1 2019 to July 31 2020), as the main travel business decreased operating revenue by 32.5% to 3346 billion JPY and fell into operating loss of 12 billion JPY from operating profit of 8.2 billion JPY a year ago.
HIS raises $214 million for new hotel developments and system investment through the third-party allocation of shares
HIS, one the largest Japanese travel agents, will raise 22.6 billion JPY (about $214 million) through the third-party allocation of shares in order to accelerate new hotel developments and IT system developments.
HIS reduced monthly transaction by 97% to 1,150 million JPY in July 2020
HIS continued struggling for a survive from the pandemic crisis, as it considerably reduced transaction volume by 97% year on year to 1,150 million JPY in July 2020.
HIS launches an overseas business travel support service, providing COVID-19-related solutions including PCR test or quarantine hotel
In preparation for restart of overseas business travel, HIS has launched a support travel plan for travelers to Bangkok, offering a package of the COVID-19-related solutions including test opportunity, self-quarantine hotel and airport transfer.
HIS launches overseas tour ‘Social Travel’ with thorough precautions departing from Japan after October 2020
HIS has started selling overseas package tour ‘Social Travel’ series with thorough precautions against COVID-19, which will be performed after October 2020 following lifting of the current restrictions in both Japan and destinations.
