Articles tagged “tokyo olympics”

Coronavirus

The Most Important Story in Tourism in 2021

Hosting a spectator-free Olympic Games in a pandemic and taking a hit of over $30 billion is about as historic as it gets. But Japan tourism's handling of it shone a light on the ways destinations are adapting, as well as the factors that will impact global tourism's future.

The Most Important Story in Tourism in 2021

Hotels

Singapore Real Estate Giant Eyes Hard-Hit Japanese Hotels With $500 Million Fund

With tourism tipped for a major rebound, hotel operators may hold out a little longer before selling up. But SC Capital will be one to watch if it starts buying hotel management platforms and other travel-related companies.

Singapore Real Estate Giant Eyes Hard-Hit Japanese Hotels With $500 Million Fund

Tourism

Japan’s Tourism Reality From Olympics: Build It and Maybe They Will Come Later

The 2020 Tokyo Games will be a big financial hit for Japan's tourism sector, but vaccines now under way plus pent-up demand and infrastructure boosts could make it come out of this tough stretch a winner — sooner than one might think.

Japan’s Tourism Reality From Olympics: Build It and Maybe They Will Come Later

Tourism

Tokyo Olympics Bans All Fans From Summer Games

Between Japan's abysmal 20 percent vaccination rate and more than 1,000 daily Covid cases, banning all spectators at this point is a wise move.

Tokyo Olympics Bans All Fans From Summer Games

Tourism

Tokyo Doctors Call for Cancellation of Summer Olympics

Pressure to contain the virus ahead of the Olympics is enormous, but only 3 percent of Japanese are vaccinated. In a bad omen, the World Economic Forum has canceled a planned August meeting in Singapore.

Tokyo Doctors Call for Cancellation of Summer Olympics

Coronavirus

Japan Added Thousands of Hotel Rooms Ahead of the Olympics: Now What?

The pandemic shows just how futile it is to build a hotel just for the sake of an event like the Olympics. Real estate is a long-term play.

Japan Added Thousands of Hotel Rooms Ahead of the Olympics: Now What?

Tourism

Tokyo Olympics Bans International Travelers From Summer Games

Postponing the Games was dramatic, and the empty stands will only highlight that fact. But we've seen over the last year that you can still have compelling and safe competitions under controlled conditions, which is much a better thing than an international superspreader event.

Tokyo Olympics Bans International Travelers From Summer Games

Tourism

Japan to Ban Foreign Spectators From Tokyo Olympics

An official announcement may still be weeks away, but a ban on foreign visitors is likely. The move would undermine more than a dozen years of Japanese effort to boost its international tourism. But the decision would be a sensible one under the circumstances.

Japan to Ban Foreign Spectators From Tokyo Olympics

Tourism

Japan Weighs Ban on Overseas Spectators for Tokyo Olympics

The Olympics games are set to begin in less than five months, but the spread of new coronavirus variants worldwide is worrying organizers. A ban would disappoint hundreds of thousands of expected spectators, but might be a good public health decision.

Japan Weighs Ban on Overseas Spectators for Tokyo Olympics

Coronavirus

The Rescheduled Summer Olympics Won’t Save Struggling Japanese Hotels

Athletes go for gold at the Olympic Games, but hoteliers don't typically walk away with many prizes in the form of long-term revenue gains from the global mega-event.

The Rescheduled Summer Olympics Won’t Save Struggling Japanese Hotels