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380kmh's profile
Haunted Forrest 🌲
Haunted Forrest 🌲
Haunted Forrest  🌲
@380kmh

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Haunted Forrest  🌲

@380kmh

#TrainTwitter - trains & train stations - passionate opinions on public transit & civic design - transit bureacrat, but all views here are my own

Pioneer Valley
patreon.com/380kmh
Joined March 2011

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    1. Haunted Forrest  🌲‏ @380kmh Sep 26

      Haunted Forrest  🌲 Retweeted Haunted Forrest  🌲

      Time for a recap: how do profitable passenger railways work?https://twitter.com/380kmh/status/841677955562590208 …

      Haunted Forrest  🌲 added,

      Haunted Forrest  🌲 @380kmh
      Replying to @380kmh
      The information is available on the company website (global version) by following the link under "For Investor" http://www.odakyu.jp/global_site/  pic.twitter.com/Wjaem5s4Z3
      2 replies 12 retweets 24 likes
      Show this thread
    2. Haunted Forrest  🌲‏ @380kmh Sep 26

      Haunted Forrest  🌲 Retweeted Haunted Forrest  🌲

      For one thing, they actually prioritize making money, since profitability means they can stick around reliably, year after year, instead of begging for unreliable funding from politicians:https://twitter.com/380kmh/status/841680140069396480 …

      Haunted Forrest  🌲 added,

      Haunted Forrest  🌲 @380kmh
      Replying to @380kmh
      "Maximize group revenue along the Odakyu Line" Railways aren't just tracks and trains--they are *places creating business for each other* pic.twitter.com/tgB4f33h1s
      1 reply 1 retweet 6 likes
      Show this thread
    3. Haunted Forrest  🌲‏ @380kmh Sep 26

      Haunted Forrest  🌲 Retweeted Haunted Forrest  🌲

      Diversification is a strategy to help accomplish this--but that's not a free pass to run the transport side of your company at a loss! Odakyu only gets gets 32% of its revenue from transport, but 56% of its income from there:https://twitter.com/380kmh/status/841678653096366080 …

      Haunted Forrest  🌲 added,

      Haunted Forrest  🌲 @380kmh
      Replying to @380kmh
      Over half of Odakyu's operating income is from its transit service pic.twitter.com/2FmPnT5v7I
      1 reply 0 retweets 4 likes
      Show this thread
    4. Haunted Forrest  🌲‏ @380kmh Sep 26

      Making a profit also means focusing on the *entire* market, with special attention to occasional travelers--regular commuters tend to buy passes, and so despite making up >50% of passengers, they contribute <50% of revenue:pic.twitter.com/OU5vX91vRN

      1 reply 0 retweets 4 likes
      Show this thread
    5. Haunted Forrest  🌲‏ @380kmh Sep 26

      Haunted Forrest  🌲 Retweeted Haunted Forrest  🌲

      Where diversification is concerned, priority is on businesses that cultivate transit use and boost ridership: condos, houses, leased space at and around stations, hotels, restaurants, spas, daycares, supermarkets, department stores...https://twitter.com/380kmh/status/841687484564176898 …

      Haunted Forrest  🌲 added,

      Haunted Forrest  🌲 @380kmh
      Replying to @380kmh
      All four (transit, merchandise, real estate, others) coordinate their efforts at key locations along the line to cultivate business pic.twitter.com/6gcSjRSiSi
      1 reply 0 retweets 7 likes
      Show this thread
    6. Haunted Forrest  🌲‏ @380kmh Sep 26

      In the USA, we hear a lot about "transit dependent" riders as the main priority--but they're only a subset of the potential ridership, and can't, by themselves, ensure a profit. Put profitability first, and you'll have ample resources to help them: children, tourists, the elderlypic.twitter.com/YVAQmJe4k1

      1 reply 0 retweets 7 likes
      Show this thread
    7. Haunted Forrest  🌲‏ @380kmh Sep 26

      Haunted Forrest  🌲 Retweeted Haunted Forrest  🌲

      The gardening metaphor:https://twitter.com/380kmh/status/841688949370290177 …

      Haunted Forrest  🌲 added,

      Haunted Forrest  🌲 @380kmh
      Replying to @380kmh
      Transit is like gardening... - ridership - revenue - development - tourism ...what are you doing to make those grow?
      1 reply 0 retweets 3 likes
      Show this thread
      Haunted Forrest  🌲‏ @380kmh Sep 26

      If we look at another profitable suburban railway, we see again that while the hotel department brings in the most *revenue,* it is the transport department that brings in the most *income* after expenses, interest, taxes, depreciation and amortizationpic.twitter.com/uoeT6Kwx4s

      12:07 PM - 26 Sep 2018
      • 3 Likes
      • Bryan M Pupperupperupper (pro-napping) firefly star
      1 reply 0 retweets 3 likes
        1. New conversation
        2. Haunted Forrest  🌲‏ @380kmh Sep 26

          Think about that. We know, in America, that hotels, real estate, etc, are all financially viable and profitable businesses. Yet Japan shows us that you can get higher margins from transit--something we think is impossible!

          2 replies 0 retweets 5 likes
          Show this thread
        3. Haunted Forrest  🌲‏ @380kmh Sep 26

          What's the goal? "Stable, high profitability in our railway operations!" For every 3 households in their service area, they have 2 daily riders. Nice ratio--20 times higher than the equivalent for Boston's commuter rail!pic.twitter.com/9jlzA6loL2

          1 reply 0 retweets 8 likes
          Show this thread
        4. Haunted Forrest  🌲‏ @380kmh Sep 26

          Core strategies for Seibu's rail business:pic.twitter.com/oye1I8DLDJ

          2 replies 0 retweets 4 likes
          Show this thread
        5. Haunted Forrest  🌲‏ @380kmh Sep 26

          When we look at the largest railway in Japan, the same principle holds up: transport provides a higher share of income (71%) than of revenue (68%)...pic.twitter.com/Yw8CEipSXa

          1 reply 0 retweets 4 likes
          Show this thread
        6. Haunted Forrest  🌲‏ @380kmh Sep 26

          ...more of that revenue comes from ordinary ticket holders (occasional riders) than from pass holders (regular riders), and more of it comes from ordinary trains than from high speed rail--especially ordinary trains in the suburban/commuter networkpic.twitter.com/M49Q8UWPP7

          1 reply 0 retweets 3 likes
          Show this thread
        7. Haunted Forrest  🌲‏ @380kmh Sep 26

          30% of trips in Tokyo are made by transit--I'm not sure how much higher that share is if you focus on "trips to work," as is typical of mode share reports in the USA.pic.twitter.com/ILd9iVftEU

          1 reply 0 retweets 2 likes
          Show this thread
        8. Haunted Forrest  🌲‏ @380kmh Sep 26

          It's not in the USA, but Toronto has done very well when it comes to higher transit mode share *for commuting,* tho again, I wonder how this compares to overall travel. Remember, focus on the ENTIRE market, not just commuters!pic.twitter.com/nYcDRrskYv

          1 reply 0 retweets 3 likes
          Show this thread
        9. Haunted Forrest  🌲‏ @380kmh Sep 26

          How to stay in business once you're already making money? Raise demand, add value! Get more people to use your trains, and make it a better experience for them every time they come back:pic.twitter.com/lrsKwfsbd7

          1 reply 0 retweets 2 likes
          Show this thread
        10. Haunted Forrest  🌲‏ @380kmh Sep 26

          And finally: what do they use all that money for? East Japan Railway was formed during the privatization of the old national railway, so it still has to pay down its predecessor's debt--something I expect any American railways seeking profitability would also have to think about:pic.twitter.com/nEXGwfSqGj

          1 reply 0 retweets 2 likes
          Show this thread
        11. Haunted Forrest  🌲‏ @380kmh Sep 26

          Let's make it happen here, too! Don't let people trick you into thinking "for profit" is a bad thing when it comes to railways #TrainTwitterpic.twitter.com/2zHTW7dN2V

          1 reply 0 retweets 6 likes
          Show this thread
        12. End of conversation

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