TOKYO -- Japanese capsule hotel operator First Cabin filed for bankruptcy protection Friday as the coronavirus pandemic hits an industry already struggling with surplus capacity.
Lodging and restaurant operators risk exhausting cash in six months, report says

First Cabin put an upscale touch on capsule hotels. (Photo from company's Facebook account)
TOKYO -- Japanese capsule hotel operator First Cabin filed for bankruptcy protection Friday as the coronavirus pandemic hits an industry already struggling with surplus capacity.