US EditionInflation, hotel prices curtail Japanese 'Golden Week' travels
- Japan's Golden Week holiday period began Saturday amid rising inflation and soaring hotel prices that reduce domestic travel enthusiasm.
- Rising inflation, including higher costs for cabbage, rice, and electricity, plus a 33% yen devaluation since 2022, drove record foreign tourism and hotel demand.
- Hotel room rates in five major cities increased about 16% from last year, while surveys found only 20.9% of residents plan trips during Golden Week, down 5.6%.
- Tourism professor Atsushi Tanaka said inflation and strong inbound tourism let hotels keep high prices, making domestic travel harder; Intage noted growing financial burdens curbing outings.
- Despite a $201 average outing budget, stronger foreign arrivals topping 36.8 million in 2024 and resident frustrations over overtourism imply growing challenges for Japan's travel sector.
71 Articles
71 Articles
Inflation, hotel prices curtail Golden Week travel
Japan's annual Golden Week holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travelers less eager to pack their bags. Traditionally, Golden Week -- which includes three consecutive public holidays -- gives Japanese workers one of their longest…
InsideNoVA.com
Inflation, hotel prices curtail Japanese 'Golden Week' travels
Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags.
Inflation, Hotel Prices Curtail Japanese ‘Golden Week’ Travels - InsideBusiness - Business News in Nigeria
Japan’s annual “Golden Week” holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags. Traditionally, Golden Week — which includes three consecutive public holidays — gives Japanese workers one of their longest breaks in the year, with many taking the opportunity to see other parts of Japan or to travel abroad. But this year, …
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