Travel Sectors

‘Folio Sakura Shinsaibashi Osaka,’ the first ‘Folio’ brand of Banyan Tree Group in Japan, opened partially on June 27 2023. On the same day, ‘Homm Stay Yumiha Okinawa,’ the first long-stay brand ‘Homm’ in Japan, opened.

Japan Tourism Agency has selected 14 areas as target snow resorts under its program o create world-competitive snow resorts, such as Sapporo, Zao, Echigo Yuzawa or Hakuba.

TL-Lincoln, a accommodation booking and selling management system of Japan, has begun partnership with Klook to allows TL-Lincoln users in Japan to provide global OTA Klook with their rooms.

Japan National Tourism Organization drew up a three-years marketing strategy for inbound travel by 2025 to achieve the government’s goals, focusing on ‘strategy by market,’ ‘cross-market strategy’ and ‘MICR strategy.'

Sales of 43 major travel companies in FY2022 ended March 31 2023 doubled year on year or decreased by 36.3% over FY2019 to 2.9 trillion JPY in total. Sales in domestic travel recovered to a 6.5% reduction to 2.4 trillion JPY compared to FY2019.

Palace Hotel Tokyo revealed that ADR rose to 85,881 JPY in May 2023, 28,273 JPY higher than the same month in 2019. A share of international guests was 67.8%.

ANA will restart serving three flights between Narita and Perth, Australia on October 29 2023 for the first time in three years and a half since March 2020.

The Japanese government accepted ‘Tourism White Paper 2023,’ which refers to structural challenges in the travel industry. Power to earn in the tourism industry should be strengthened.

HIS succeeded in increasing sales considerably and shrinking deficit in the first six months of FY2023. The core travel business increased sales to 79.7 billion JPY from 23.5 billion JPY a year ago.

Travel-tech international conference ‘WiT Japan & North Asia’ will be held in Tokyo on July 5 and 6 2023. Kei Shibata (Venture Republic CEO) and Aya Aso (SAVVY Collective CEO), Executive Committee members, talked about what speakers are expected to discuss in the event.

Japanese partners for Adventure Travel World Summit Hokkaido Japan 2023 (ATWS 2023) in Sapporo from September 11 to 14. were announced. Hokkaido Governor emphasizes adventure travel must be established in Hokkaido.

According to Arival, the in-destination international conference organizer, the tour, activity and attraction market scale in APAC is likely to expand to $67 billion (about 9 trillion JPY) by 2024 and to $75 billion (about 10 trillion JPY) by 2025.

Arival, the in-destination international conference organizer announced six key trends in APAC, such as acceleration of online booking, photogenic experiences or the return of the outbound travel from China.

The 8th ‘Digital Travel APAC,’ a travel-tech international conference specializing in APAC, will kick off for three days from August 14 2023, hosted by World Business Research (WBR). Travel professionals will take about what is the future travel in APAC.

JAL will add flights for Hawaii and Guam in this summer, as it has received more bookings for the resort destinations.

The Japanese government approved a new action plan for inbound travel expansion, which more focuses on ‘business,’ ‘academy’ and ‘culture and arts sports and nature’

JTB succeeded in making a profit for FY2022 ended March 31 2023 for the first time in the past three years, posting operating income of 33.6 billion JPY. For FY2023, JTB has forecasted sales will further increase by 12.8% year on year to 1,103 billion JPY.

Narita International Airport has forecasted the first profit of 600 million JPY for the last four years in FY2023 ended March 31 2024, despite 50 billion in deficit for FY2022.

Sales of 43 major travel companies increased by 17.8% to 531 billion JPY in total in March 2023, compared to March 2019.

Tokyu Kabukicho Tower in Shinjuku, a new tourism landmark in Tokyo, welcomed 1 million visitors on May 22 since it opened on April 14 2023.