1.0WealthParkhttps://wealth-park.com/enJapan's Border Easing and Currency Depreciation Boost Tourism Recovery - WealthParkrich600338<blockquote class="wp-embedded-content" data-secret="Mg2bgyWJC1"><a href="https://wealth-park.com/en/wealthpark-blog/20221212tourismrecovery/">Japan’s Border Easing and Currency Depreciation Boost Tourism Recovery</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wealth-park.com/en/wealthpark-blog/20221212tourismrecovery/embed/#?secret=Mg2bgyWJC1" width="600" height="338" title="“Japan’s Border Easing and Currency Depreciation Boost Tourism Recovery” — WealthPark" data-secret="Mg2bgyWJC1" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
/* <![CDATA[ */
/*! This file is auto-generated */
!function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document);
//# sourceURL=https://wealth-park.com/wp-includes/js/wp-embed.min.js
/* ]]> */
</script>
https://wealth-park.com/wp-content/uploads/2022/12/Japan-Tourism-1200-×-675-px.png1200675Due to the impact of the pandemic, the number of tourists entering Japan and their related consumption have decreased dramatically. In 2019, about 31.9 million tourists entered Japan, with consumption reaching JPY 4.8 trillion. However, in 2021, only about 240,000 tourists entered Japan, and consumption decreased to only JPY 120.8 billion. As countries open their borders, Japan has also accelerated the relaxation of border controls, and as of October 11, 2022, it will cancel the daily limit on the number of people entering the country, exempt the requirement for a short-term entry visa, and permit self-guided travel. In addition, the yen has depreciated significantly in the same year and it is projected that the number of tourists entering the country and consumption will rebound to pre-pandemic levels. Prime Minister Mr. Kishida also publicly announced that the annual consumption target for tourists entering the country will be set at more than JPY 500 billion. Next, let’s take a look at the number of tourists entering Japan and the hotel operating situation after the relaxation of border controls. The number of tourists...