Home » Weekly Forecast » Lots of empty seats on Hokkaido Shinkansen

Lots of empty seats on Hokkaido Shinkansen

Lots of empty seats on Hokkaido Shinkansen

TOKYO — A year since its launch, and the Hokkaido Shinkansen, which runs between Shin-Aomori and Shin-Hakodate-Hokuto stations, is struggling with low occupancy rates.

The rate through February was 7 percentage points higher than the previous forecast but still only 33%.

Passenger numbers have plunged with winter, dropping the line’s occupancy rate to below the 47% that the Hokuriku Shinkansen got its first year. The Hokuriku Shinkansen runs more or less west from Tokyo.

The Hokkaido Shinkansen’s occupancy greatly varies from month to month; the rate hovered from 40% to 48% during the July-September tourist season but fell below 30% in November, then to 19% in January and February.

By contrast, three airlines that have flights between Tokyo’s Haneda Airport and Hakodate saw their passenger rates during the 11 months from last April to February drop 5% below what they were in the year-earlier period.

The fastest that a bullet train can get passengers between Tokyo and Shin-Hakodate-Hokuto is four hours and two minutes. This barely eclipses the psychological four-hour barrier under which passengers are said to prefer trains over planes.

To attract passengers in the off-season, Hokkaido Railway, known as JR Hokkaido, plans to start marketing products with one-night stays in Shin-Hakodate-Hokuto before or after business.

“We have not had so many business travelers,” President Osamu Shimada said.

Since some trains are only 6% full at night, JR Hokkaido plans to sell special round-trip tickets between Shin-Hakodate-Hokuto and Shin-Aomori stations for 4,000 yen ($35.92), about 70% cheaper than the normal price — but only to people who live near the stations.

(Nikkei)

Lots of empty seats on Hokkaido Shinkansen

About ForexMarketz

Check Also

euro

Euro Currency is still below the Key Moving Averages

0.0 00 The euro currency formed a lower low and a lower high last week. …

Leave a Reply

Your email address will not be published.