Tourism Under Pressure: Japan’s Inbound Market Faces Sustained Headwinds
The 3.6% year-on-year decline in foreign visitor arrivals to Japan this May, bringing the total to 3.56 million, serves as a stark indicator of a cooling tourism sector. More alarmingly, this marks the second consecutive month of contraction, a trend that is already reverberating through Japan’s retail, accommodation, and catering industries. At the heart of […]
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