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Coronavirus

Hotels in Japan slash prices as occupancy rates plunge

Kyoto and Fukuoka see discounts of up to 25% during normally busy season

The Imperial Hotel in Tokyo: Occupancy rates plunged to near half in February. (Photo courtesy of the company)
YASUAKI TAKAO, Nikkei staff writer | Japan

TOKYO -- As Japan suffers a coronavirus-induced drop in travel, hotel chains are slashing room rates for about 30% of stays during the normally busy early spring season, a Nikkei analysis of online booking sites shows.

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