Japan Tourism Report Q2 2014 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 05:47:01
The report on Japan´s tourism market looks at a range of key growth indicators, including inbound travel, the hotel sector, receipts from travel-related expenditure and overall industry value. The October 2013 announcement that Japan will host the 2020 Summer Olympics is proving a valuable boost to expanding of tourism in Japan, and as such we expect to see solid growth throughout our current forecast period through to 2018 as the build up to the games gathers pace.
Hosting the 2020 Summer Olympics should hasten Japan´s recovery from the widespread infrastructure damage caused by the Great East Japan earthquake, the resulting tsunami and the nuclear crisis of March 2011. Tourism to Japan saw substantial decreases in the immediate aftermath of the earthquake, with arrivals to Japan falling by 27.78% to 6.2mn in 2011. However, thanks to the wide range of attractions the country has to offer and its strong history of tourism, inbound arrivals have made an impressive recovery, with 2013 arrivals reaching over 9.5mn. We expect growth to continue, with arrivals forecast to reach an impressive 13.2mn in 2018.
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