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Matsuri Procession in Osaka
Matsuri Procession in the streets of Japan

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Wealth Kitty for Japan's Tourism
Wealth Kitties everywhere for Japan’s Tourism

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The tourism industry is vibrating with energy in Japan.

Japan is attracting the attention of the big spenders from China.  And they are spending big money.  The average Chinese tourist is spending an average of $1,878 per person in Japan.  Chinese tourist, Peng Jia Wei, 45, an auto industry worker from Shenzhen said he planned to spend $5,000 to $8,000 during his six-day visit with his wife and young daughter.

He is not the only one.  Consider the hordes flooding in from Taiwan, Thailand, Korea, Malaysia and Indonesia.  It is no wonder there is a great shortage of hotel accommodation in Japan.  With most of their resources tied up in building and preparing for the 2020 Olympics, the Japanese are finding it hard to keep pace with the incoming tourist waves.  The hotels are not being built fast enough.  Their local manpower is spread thin and their non-immigration policy is not helping.  This is hurting their tourism growth.

 

Kyoto market

 

USA Today reported on the following article.


 

TOKYO — When Peng Jia Wei stepped off the plane from southern China last month, he wasted little time in heading for the Ginza shopping district.

By the following afternoon, he and his wife had spent several thousand dollars on clothes, home electronics and gifts for themselves and a wide circle of friends back home.

“Relatives, neighbours, co-workers. Something for everybody,” said a weary-looking Peng, outside a duty-free retail shop in the heart of the Ginza district.

Big-spending visitors like Peng are responsible in part for Japan’s boom in foreign tourism.

A record 13.4 million people visited Japan in 2014, an increase of nearly 30% from a year earlier. Records were set in each of the first five months of this year; arrivals were up 50% in May alone.

Japan had predicted that 15 million foreign tourists would visit this year. At the current pace, arrivals could surpass 18 million.

“The target was 20 million visitors by the 2020 Olympic and Para Olympic Games. But with the trends, continue reading here …

Source: A boom in foreign tourism boosts Japan’s economy, USA TODAY 6 a.m. EDT July 12, 2015
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