JTB Group’s Aggregate Revenue for FY2009 Fell 15% to Nearly One Trillion Yen, Recorded Marginal Gain for Month of March
Aggregate travel revenue of 14 companies of JTB Group for the fiscal year 2009 was 1,078.2 billion yen, down 14.8 percent year on year. Sales of overseas travel dropped 23.4 percent to 338.3 billion yen, while domestic travel lost 10.0 percent to 712.9 billion yen, and inbound travel was down 15.4 percent to 26.9 billion yen.
As for a single month of March 2010, total revenue rose 0.7 percent to 93.5 billion yen, of which overseas travel was 30.2 billion yen, down 1.0 percent, domestic travel was 60.8 billion yen, up 1.0 percent. Overseas group travel declined 4.9 percent as educational tours dipped 2.7 percent, although religious groups showed a growth of 49.5 percent, consignment sales swelled 13.8 percent, and tours from institutions and organizations increased 1.1 percent. Overseas package tour sales slid 2.3 percent as LOOK JTB fell 6.4 percent while media-ridden retailing surged 15.9 percent. The number of customers handled during the month was up 1.1 percent, being supported by two-digit growth of some destinations like China (+23.3%), Hong Kong (+14.6%), and Europe/Russia (+10.0%).
As to the domestic travel sales of 60.8 billion yen (+1.0%), ordinary groups were up 11.5 percent and educational groups were also up 17.6 percent.
Source: Travel Vision
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