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| Above, Hozomon gate at Sensoji in Asakusa. Photo by Armand Vaquer. |
Foreign tourist spending in Japan has been a big asset to the Japanese economy and it has set a new record this year.
According to Kyodo News:
Spending by foreign visitors in Japan is expected to set a new record this year as it reached around 3.28 trillion yen ($29.1 billion) through September at the fastest pace backed by Asian travelers' appetite for consumption, the Japan Tourism Agency said Wednesday.
The pace on course to shatter the record 3.75 trillion yen spending set last year has been also sustained by the fastest pace of increase in the number of foreign visitors that exceeded the 20 million mark in mid-September, according to the agency.
Japan aims to attract 40 million visitors from overseas a year by 2020, when the country will host the Olympics and Paralympics, as well as targeting spending by them of 8 trillion yen.
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