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Travel & Leisure

Japan's H.I.S. aims to cut reliance on travel to 20% of business

Tour company looks to noodles and electricity for new revenue amid COVID

Japanese tour agency H.I.S. is seeking opportunities in other business sectors due to a decrease in travel amid the coronavirus pandemic. (Photo by Karina Nooka)

TOKYO -- Japan's second-largest tour agency, H.I.S., is looking to reduce its reliance on travel to 20% of its overall business from the current 90% by expanding into other sectors such as noodle restaurants and the retail market for electricity, CEO Hideo Sawada said on Tuesday.

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