With an initial focus on inbound tourists visiting Japan, the plan was to expand the number of destinations to cover all regions of the world. However, with the outlook for growth becoming uncertain, it has become unrealistic to sustain the business in the highly competitive market without large-scale internal investment.
The impact of COVID-19 will likely be felt for several years, and it will postpone further growth in the travel industry. In this uncertain time, our top priority becomes to stabilize the business base in anticipation of a prolonged economic recovery, and to concentrate investment in order to ensure our survival.
Once recovery is underway, we will aim to secure higher growth and profit in the Japanese market, our strongest business. HawaiiActivities.com, with products available only in the Hawaii area, and Linktivity, a B2B ticket platform for Japan inbound products, will continue to operate.