|Above, the Dotonbori section of Osaka. Photo by Armand Vaquer.|
Japan may be in and out of a recession, but the tourism industry is doing quite well.
The surge in foreign visitors to Japan, along with their spendin, has made the Japanese economy reap the benefits.
According to a new article in The Japan Times:
Foreign travelers spent an estimated ¥3.5 trillion in Japan last year, the tourism minister said Tuesday. A previous high of ¥2.03 trillion was recorded in 2014.
The figure means foreign tourists brought a “tremendous” economic impact, Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii told a news conference.
But he said Japan is still not fully oriented to the revenue source.The article also states:
The government has targeted annual spending of ¥4 trillion by foreign tourists and a total of 20 million visitors. Given that such spending is already within sight, it plans to set a new target by the end of March.
The number of foreign visitors in 2015 is thought to have reached the upper 19 million range, a jump from 13.4 million in 2014.It will be interesting to see what the final tally is on the number of foreign visitors to Japan in 2015.
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