Coronavirus presents existential threat to Japan's hotels

Analyst said long-term support needed for small businesses which are on 'edge of a cliff'

20200513 Hotel

Hotel chains in Japan have been devastated by the coronavirus outbreak, with many filing for bankruptcies in May.

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- In what would have been a windfall year had the Olympic Games proceeded as planned, Japan's hotel chains are instead facing an existential threat after the coronavirus pandemic wreaked havoc on the travel industry.

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