The Japanese government aims to attract 40 Million foreign tourists by 2020 and 60 Million by 2030. As several major events are set to take place in Japan - the Rugby World Cup (2019), Tokyo Olympics and Paralympics (2020), the Osaka-Kansai World Expo (2025). Besides, change in work style reform such as 4 days working, the increase in leisure time, "workstations" (working while on vacation), etc. will generate new domestic demand.
Moreover, with the assistance of internet hotel booking, the high-end hotel and mid-scale hotel in Japan is a significant contributor to the rapid development of the financial community. Foreign and domestic tourists in Japan are more likely to book their hotels through online mediums to the region, mostly in Tokyo, Osaka, Kyoto, and Nagoya. However, in Japan hotel industry, Midscale hotels are facing oversupply conditions, and this is likely to persist going forward.
This report titled “Japan Hotel Market, Volume & Forecast by Type (High End, Mid Scale, Budget) Ordering Platform (Online, Offline), Region (Tokyo,Osaka, Kyoto, Nagoya, and Others ), Hotel/Company (APA Hotels and Resorts, Marriot International, Tokyu Hotels, JR Hotel Group)” provides a complete analysis of Japanese Hotel Market.
Hotel Type - Mid - Scale Hotel Market Dominates in the Japan Hotel Market
The report studies the market of the following hotel segments: High End, Mid Scale, and Budget. Mid Scale hotel controls the largest market share in this market place
Ordering Platform - Online Hotel Booking Market is steadily Growing
The online hotel booking market is steadily increasing in the hotel industry in Japan. This study includes two kinds of a platform for ordering: online and offline. The online hotel industry is expected to develop tremendously by 2025.
Region - Japan Hotel Market
This report covers the status of 4 plus stars, 3 stars and 2 star hotels in Tokyo, Osaka, Kyoto, Nagoya, and Rest of Japan. Each region offers the following information:
- Room Numbers
- Room Average Daily Rate (ADR)
- Revenue per Available Room (RevPAR)
- Occupancy Rate
Hotel/Company Analysis - All the hotels have been studied from two points
- Recent Development or Strategy
- Sales
Japan Hotel Market - By Hotel/Company
- APA Hotels and Resorts
- Marriot International
- Tokyu Hotels
- JR Hotel Group
Japan Hotel Market & Volume by Hotel Type
- High-End Hotel (4+ star)
- Mid-Scale Hotel (3+ star)
- Budget Hotel (2+star)
Japan Hotel Market by Ordering Platform
- Online
- Offline
Japan 4 plus star, 3 stars and 2 star hotels Status by Region
- Tokyo
- Osaka
- Kyoto
- Nagoya
- Rest of Japan
Table of Contents
Companies Mentioned
- APA Hotels and Resorts
- Marriot International
- Tokyu Hotels
- JR Hotel Group
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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