ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Tokyo 2020 Olympics

Olympic glow turns to gloom for Seibu's Prince Hotels

Mainstay business hit by double whammy of delayed games and tourism drop

The Prince Hotel in Tokyo's Shinagawa district, one of the largest hotels in Japan. 

TOKYO -- The postponement of the 2020 Summer Olympics in Tokyo is particularly painful news for railway operator Seibu Holdings, whose hotel operations had buoyed its stock in the run-up to the games but have now become a drag amid the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more