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.
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.
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