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Pandemic-hit travel agency JTB sells Tokyo HQ to raise funds

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Don't worry guys your buddy Suga will soon bail you out with the 'Go to Travel' campaign which the government will start again.

3 ( +8 / -5 )

The company will continue to use the building in Tokyo's Shinagawa Ward as its headquarters on a lease contract basis, the source said.

So they sold an assent in order to put themselves into more debt.

Bravo.

-9 ( +3 / -12 )

So they sold an assent in order to put themselves into more debt.

What debt?

-1 ( +6 / -7 )

Bravo.

Lots of companies do this to free up funds. Would you prefer them to fire everyone?

5 ( +7 / -2 )

Regardless of covid, it's surprising that these travel agents can survive when Expedia and the likes offer a much better service.

-1 ( +3 / -4 )

NKT has done the same. Closing offices all over the place. As we travel almost monthly and are very happy we our agent we just followed her to her third office in 10 months time. Lucky for her it is moving her closer to her home at least.

-6 ( +1 / -7 )

well who really needs JTB these days...?

3 ( +6 / -3 )

I had many a bargain travel trip thanks to H.I.S. / #1 Travel.

-6 ( +0 / -6 )

Bad business, friendship cronies buy the building, company never moves out, starts a fake lease with said "new owners", Bad business writes off millions and millions of yen due to pandemic, partners in crime have a nice lunch together and call it a day. Rinse and repeat.

-1 ( +2 / -3 )

There will be more bankrupt Japanese firms including big ones. Dentsu or Toshiba is already in trouble, for example.

However, Japanese elites and people will deny the reality and yell "Shouganai!"

-3 ( +2 / -5 )

Some of you above are putting down the need to have travel agents. We totally disagree. For the complicated traveling we do and comparing what we can do as far as special seating, green cars, flights and sightseeing trips on trains with hotels, Expedia and the other sites are inflexible.

Travel agents can see everything. When you are annoyed because you cannot get two seats together, or two isle seats etc. we are paying a bit more but the service can’t be beat and we get what we want…always.

-6 ( +1 / -7 )

The coronavirus is the last nail in the coffin. The real culprit is internet booking by individual travelers. I actually used to use HIS for my international flights in the early 2000's when it was difficult to compare prices and book online, but now, I would have no reason to use them.

0 ( +3 / -3 )

well who really needs JTB these days...?

The tens of millions of elderly Japanese who can't think for themselves.

2 ( +4 / -2 )

Reckless

You're probably right but there are still a lot of Japanese people, mainly elderly, who like to use travel agents. If they are going on a cruise or tour, they like to see the glossy brochures and chat with travel agents. Many people, including myself, still prefer some human-to-human contact. When I go to an airport, I never use the self check-in, but always go to the check-in counter and chat with the airline employee.

Travel agencies will have to diversify but there will always be a demand for personalized service.

2 ( +4 / -2 )

Your always trusted to call it as “it is” @P.Smith 7:42pm:Some things( and people) never change.” - Many will still use traditional, face-to-face, in-person services.

-1 ( +0 / -1 )

Agreed, more expensive. So, don’t forget that your Pockytbook when visiting a travel agent:

*- “we are paying a bit more but the service can’t be beat and we get what we want…always.”*

-1 ( +0 / -1 )

Did a travel agent book your current trip to Kyoto or did you save money doing it yourselffs?

-1 ( +0 / -1 )

Ever used a travel agent.

-1 ( +1 / -2 )

Did you mean “*Never used a travel agent.” @zichi 9:03pm? *If so, “remarkable” in pre-internet days.

-1 ( +0 / -1 )

snowymountainhell

Did you mean “Never used a travel agent.” @zichi 9:03pm? If so, “remarkable” in pre-internet days.

Yes never but never remarkable. Get on a train or plane. Buy the ticket at the station or airport. On arrival find a hotel or other place to stay. Travelled to many countries. Never a problem.

0 ( +1 / -1 )

Impressive journey’s @zichi 1:31pm - Those were the days!

No agents, definitely NO tours, … just travel ‘on the breeze’.

Still, I had to d some ‘homework’ with Fodor’s. And, in the last few years, pre-pandemic, Lonely Planet.

0 ( +0 / -0 )

Do you post reviews of where you stay & where to eat, *when** *you travel?

Some continuing travelers do, despite current domestic ‘advisories’ not to for a little longer. (Not sure the small businesses want the national attention when most of the country has even trying to ‘play be the rules’.)
0 ( +0 / -0 )

snowymountainhell

Impressive journey’s @zichi 1:31pm - Those were the days! 

No agents, definitely NO tours, … just travel ‘on the breeze’.

Still, I had to d some ‘homework’ with Fodor’s. And, in the last few years, pre-pandemic, Lonely Planet.

Lonely Planet. Yes, if one was available I would always take that. Ended up with quite a collection of them.

But I have never been a "tour-ist."

0 ( +0 / -0 )

Speaking of travel: Many travel offices are closing. - Yet, some earlier comments read like perhaps some offices may be trying to distance themselves from, admittedly, disingenuous, & difficult, or problematic’ clientele that may possibly be doing more damage to their business relationships and the already-hurting small businesses around Japan?  

*- @7:43am: “I rate every place online with Five stars and praise them like crazy even if all posters disagree. My write ups are so icky sticky lovely that the venues write me back and tell me I am creepy and annoying.” [??}*

*- @9:25am: “Closing offices all over the place. As we travel almost monthly and are very happy we our agent we just followed her to her third office in 10 months time.*

*- @5:30pm: “…putting down the need to have travel agents. We totally disagree. For the complicated traveling we do and comparing what we can do as far as special seating, green cars, flights and sightseeing trips on trains with hotels, Expedia and the other sites are inflexible. Travel agents can see everything. When you are annoyed because you cannot get two seats together, or two isle seats etc. we are paying a bit more and we get what we want…always.” -*

Please don’t write disingenuous reviews that damage the credibility of patron supported sites with one review to the far extreme. - In the meantime, til things return to normal, maybe it’s best to just save your pockytmoney and stay around home, for now.

0 ( +0 / -0 )

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