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Tuesday, June 14, 2016

10 Million Foreign Tourists Visit Japan In First 6 Months

Above, a yakatabune party boat moored on the Sumida River in Tokyo. Photo by Armand Vaquer.

Japan's tourism boom continues, despite the recent downturn in the exchange rate between the U.S. dollar (and other currencies) and the Japanese yen.

This week, the U.S. dollar hit the ¥105/dollar range,

But, the good news is that the numbers of foreign tourists has hit 10 million during the first six months of 2016.

The Japan Times reported:
The number of overseas visitors to Japan has been increasing at a faster pace than record-breaking last year, with more than 10 million coming to the country in the first six months of this year, sources said Tuesday. 
It took about seven months to reach the 10 million threshold in 2015 when a record 19.74 million foreigners visited Japan. If the number increases at the current pace, it is likely the annual figure will top 20 million this year, the sources said.
That's if the exchange rates between the yen and foreign currencies improves. We shall see.

To read more, go here

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