Tag: "TravelSpending"
Travel consumption of 318.7 billion JPY may be lost due to nationwide tentative suspension of the Japan’s domestic travel recovery initiative
JTB Tourism Research & Consulting has calculated losses of 9.6 million travelers and 318.7 billion JPY in travel consumption due to the tentative suspension. Japanese domestic travelers during 2020-2021 New Year holiday period is expected to reduce by 73% to 7.9 million from 29.3 million a year ago.
Domestic travel consumption under the state of emergency declaration in Japan was down 83%
Domestic travel consumption by Japanese travelers was down 83.3% year on year to 1,004 billion JPY in the second quarter of 2020 under the state of emergency declaration, which was lifted on May 25.
