Key Highlights
- Prior to COVID-19, inbound flows to Japan were growing at a CAGR of xx% between 2016 and 2019, to reach xx million international arrivals in 2019. The rapid increase in inbound visitation follows the Japanese government's increased attention on tourism as a pillar in the economy. As such, Japan has sought to become a ‘tourism nation' with a goal to attract 60 million inbound visitors by 2030
- Despite COVID-19 putting a halt to international travel and businesses adapting with work from home technologies, business travel to Japan is set to increase to account for 5.34% of international trips by 2025 (CAGR 2022-25: 13.30%). In order to increase Japan's visibility as a MICE destination, the Japan National Tourist Organization and the Japan Tourism Agency has implemented various promotions such as exhibiting at overseas trade shows
- Pre-COVID-19, total inbound spend reached a high of $xx billion (CAGR 2016-19: xx%). In 2020, total inbound expenditure declined by xx% YoY to $xx billion, before declining a further xx% YoY to $xx billion in 2021. As international travel resumes, total inbound spend will exceed 2019 levels to reach $xx billion by 2025 (CAGR 2022-25: xx%)
Scope
- This report is part of the publisher's Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case Japan
Reasons to Buy
- Obtain a clear and detailed insight into new developments in a burgeoning tourist destination
- Use data and analysis to explore trends related to international arrivals and spending, tourism segments as well as construction, airlines and hotel developments
- Gain a better understanding of the opportunities in the market, as well as the risks, to support better business decisions
Table of Contents
- Overview
- Key Trends
- COVID-19 Impact
- Source Markets
- Types of Tourism
- Destination Focus
- Regional Risk and SWOT Analysis
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Peach Airlines
- HIS
- Route Inn Japan
- APA Hotel
- Skymark Airlines
- Japan Airlines
- All Nippon Airways
- VELTRA
- American Airlines
- Delta Airlines
- United Airlines
- IHG Hotels & Resorts
- Disney
- Studio Ghibli