JTB’s Overseas Travel Sales in April Sagged 7.3% Affected by Europe Tour Cancellations, Despite Buoyancy of Group Travel, FIT
Aggregate travel revenue of 14 companies of JTB Group was 78,843 million yen in April, down 1.2 percent from last year, of which overseas travel was 25,791 million yen, down 7.3 percent. Overseas group travel and FIT rose 8.3 percent and 21.4 percent respectively, but package tours slumped 13.7 percent due in some part to Europe-bound tour cancellations caused by Iceland’s volcanic eruption.
With relation to overseas group travel, religious groups, groups from organizations and institutions, and corporate groups registered a growth of 67.6 percent, 16.4 percent, and 14.4 percent respectively, although educational groups dropped 3.5 percent. In package tours, LOOK JTB fell 22.2 percent and media-supported retailing dipped 10.6 percent.
Total number of overseas travelers handled by the 14 group companies declined 11 percent. Seen by destination, Hong Kong and China were strong with a growth of 24.1 percent and 5.9 percent respectively, while North America sagged 5.2 percent and Europe/Russia slid 5.9 percent. The number of customers on LOOK JTB plunged 25.6 percent, with a decline of 10.2 percent to China, 16 percent to the U.S., 16.6 percent to Micronesia, 26.3 percent to Hawaii, and 26.4 percent to Europe.
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