NEW YORK, March 5, 2015 /PRNewswire/ -- Summary
Travel and Tourism in Japan to
2019 provides detailed information on the Japanese tourism sector,
analyzing market data and providing insights. This report provides
a better understanding of tourism flows, tourist expenditure,
airlines, hotels, car rental and travel intermediaries
industries.
The report brings together Travel and Tourism Intelligence Center's
research, modeling and analysis expertise in order to develop
uniquely detailed market data. This allows domestic and foreign
companies to identify the market dynamics and to discover which
segments will see growth in the coming years.
Key Findings
- Travel and Tourism sector became the main focus of Japan's economic policy in anticipation of the
2020 Olympic and Paralympic Games. The government set the target of
30 million international arrivals by 2030.
- The domestic tourist volume declined by 3% annually in 2011 due
to the Tohuku earthquake followed by tsunami waves. However,
domestic trips grew from 286 million in 2012 to 289 million in
2014, which was supported by route expansions by LCCs. China's LCC, Spring Group, launched domestic
flight connecting Narita with
Takamatsu, Saga and Hiroshima in
2014.
- Taiwan surpassed South Korea and became the country's leading
source of tourists in 2014 due in part to increasing number of LCC
flights to Japan. However, the
tourist inflow from China declined
by 7.8% in 2013 due to political tension created between the two
countries over nationalization of the Senkaku Islands by
Japan in late 2012.
- The share of LCCs in Japan has
moved up from 7.8% of the total seats sold in 2010 to 18.6% in
2014. The total number of seats sold for LCCs increased at a
historic-period CAGR of 28.88%, in contrast to the negligible
growth of 0.56% for full service airlines.
- Fast growing short-term home rental market in Japan provides an alternate option to growing
tourist volume at inexpensive prices. In addition, government's
relaxations on short-term rental rules along with visa-relaxation
policy for Southeast Asian countries are expected to support the
market for short-term rented houses, which can pose a threat to the
hotel industry in the region.
- The travel agencies are collaborating with IT companies to
develop tourism related software and applications; and mobile
payment options.
Synopsis
The report provides detailed market analysis, information, and
insights, including:
- Historic and forecast tourist volumes covering the entire
Japanese Travel and Tourism sector
- Detailed analysis of tourist spending patterns in Japan for various categories in the Travel and
Tourism sector, such as accommodation, sightseeing and
entertainment, foodservice, transportation, retail, travel
intermediaries, and others
- Detailed market classification across each category, with
analysis using similar metrics
- Detailed analysis of the airline, hotel, car rental, and travel
intermediaries industries
Reasons To Buy
- Make strategic business decisions using historic and forecast
market data related to the Japanese Travel and Tourism sector
- Understand the demand-side dynamics within the Japanese Travel
and Tourism sector, along with key market trends and growth
opportunities
Read the full report:
http://www.reportlinker.com/p02722327-summary/view-report.html
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