
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.
Prices were down on average about 20% on Monday from those offered on Feb. 26 as shown on the Rakuten Travel and Jalan.net online booking sites for 1,087 of the 3,624 stays covered.