Japan Tourism shows positive increase in Q1 of 2016

Published on : Tuesday, May 17, 2016

Japan National Tourist Organization (JNTO),Japan Tourism has released its tourism statistics in the Q1 of 2016. The country shows a remarkable lead in tourism till the month of May. There is increase in overseas visitors, Japanese tourists have also shown an increase in visits abroad and gross scale of major tourism companies have received a  boom . The Japanese tourism economic trend is making an upward move. The country’s tourism is definitely one of its strongest industries.

The number of foreign tourists to Japan
According to the JNTO, the estimated number of international visitors to Japan in March 2016 reached to 2.01 million (+31.7% from 2015), recording the highest figure on a monthly basis, and exceeded 2 million for the first time in history.
19 countries except Russia saw an increase compared to March 2015. With the Sakura season approaching and Easter Holidays, the need of visiting Japan was increasing among various markets, especially China increased by 47.3% to 498,000 visitors and its accumulated number by March has exceeded 1 million following South Korea.
The number of Japanese outbound tourists
The Japan National Tourism Organization announced that the estimated number of Japanese overseas travelers in March 2016 was 1.58 million(+2.7% from 2015), having increased for three succesive months.
Among Asian destinations, Korea saw an increase for two successive months. Taiwan, Thailand, Vietam keep the trend of increasing and Newzealand has been increasing for successive seven months.
Gross Sales of the Major Travel Companies
Gross sales in outbound travel of the major travel companies were approximately 154.4 billion yen in February 2016, a 4.0% decrease from February 2015. Gross sales of outbound package tours were 46.6 billion yen, a decrease of 2.8% from the previous year. Gross sales of domestic travel package tours was 71.9 billion yen, an increase of 4.2% from the previous year while the number of people participating decreased by 0.9%.
Monthly Economic Report
The Japanese government offered the assessment in its Monthly Economic Report for April that “the Japanese economy is on a moderate recovery, while weakness can be seen recently.” Concerning short-term prospects, the government showed its opinion of that “the economy is expected toward recovery, supported by the effects of the policies, while employment and income situation is improving. However, there are downside risks of the Japanese economy including slowing down of emerging Asian economies including the Chinese economy and coutries with natural resources amid the weakness of overseas economies. In addition, attention should be given to the increased uncertainty in overseas economies and the effects of fluctuations in the financial and capital markets under such circumstances.Also, full attention should be given to the economic impact of the Earthquake Centered in the Kumamoto Region of Kumamoto Prefecture 2016.”

The consumer price index for March 2016 was 103.3.

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