KNT Reports 10% Decline in Overseas Travel Sales for January; Overseas Student Travel Up 44%
Travel revenue for January at Kinki Nippon Tourist (KNT) dropped 9.3 percent from last year to 21,107 million yen, of which overseas travel was 8,169 million yen, down 10.2 percent, and domestic travel was 12,301 million yen, down 10.3 percent. In overseas travel, group tours dipped 13.2 percent to 1,143 million yen as ordinary groups were down 26.2 percent to 792 million yen while student groups were up 44.3 percent to 350 million yen. The extraordinary growth in student groups is partly due to reinstatement of the school excursions once postponed on account of the H1N1 flu epidemic. Package tours plunged 20.2 percent to 4,005 million yen as Holiday went down by 19.9 percent to 4,005 million yen. Overseas individual travel rose 9.2 percent to 3,020 million yen because international air ticket sales were upbeat.
Domestic group tours showed a growth of 6.1 percent with sales of 3,786 million yen as student groups climbed 12.6 percent to 2,684 million yen although ordinary groups sank 7.0 percent to 1,102 million yen. Domestic package tours fell 17.2 percent to 5,285 million yen with Mate down 17.1 percent to 5,283 million yen and other package tours down 68.7 percent to 2.4 million yen. Individual travel lost 14.0 percent to 3,229 million yen. Inbound travel surged 33.8 percent to 266 million yen.
KNT spun off, as of January 1, the business of Hokkaido and Kyushu districts to be succeeded by the new companies of Kinki Nippon Tourist Hokkaido Co. and Kinki Nippon Tourist Kyushu Co. respectively, but it will consolidate the business results of these two to KNT itself until the end of this year just for the sake of statistical reference.
Source: Travel Vision
Travel Vision Inc. provides information on the travel industry in Japan via "Daily Travel Vision", a Japanese-language e-mail newsletter, and the "Travel Vision" website. There are nearly 110,000 people working in the Japanese travel industry, and Travel Vision is proud to be bringing travel news to more than 30,000 people through Daily Travel Vision.
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