Japan Sees Record Visitors for Second Straight Month on Weak Yen
17:00 JST, August 21, 2024
TOKYO (Reuters) – Japan set a second-straight monthly record for visitors in July, official data showed on Friday, as the weak yen and summer holidays propelled a tourism boom.
The number of foreign visitors for business and leisure was 3.29 million, an all-time high for any month and topping the previous record of 3.14 million in June, data from the Japan National Tourism Organization (JNTO) showed.
School holidays in East Asia and Europe contributed to significant increases from those regions, the JNTO said. More than 21 million visitors have arrived in Japan through July, on pace to smash through the annual record of 31.9 million in 2019, before the COVID-19 pandemic shut global borders.
Although the yen has strengthened recently, it touched a 38-year low against the dollar last month, making Japan a bargain destination. Out of 23 markets tracked by the JNTO, travelers from 19 regions set new records for July arrivals.
"News Services" POPULAR ARTICLE
-
Israel Strikes Suspected Chemical Weapons Sites and Long-range Rockets in Syria
-
Japan’s Nikkei Stock Average Ends Higher in Choppy Trade (UPDATE 1)
-
Japan’s Nikkei Stock Average Slips on Firmer Yen amid BOJ Rate Hike Bets; Logs Worst Month since April (Update 1)
-
South Korea Ex-Defense Minister Accused of Role in Martial Law Tries to Commit Suicide, Official Says
-
Japan’s Nikkei Stock Average Ends Lower as Traders Book Profits, Assess US Data (Update 1)
JN ACCESS RANKING
- Japan’s Kansai Economic Delegation Meets China Vice Premier, Confirm Cooperation; China Called to Expand Domestic Demand
- Yomiuri Stock Index to Launch in March; 333 Companies to be Equally Weighted
- China to Test Mine for Rare Metals Off Japan Island; Japan Lagging in Technologies Needed for Extraction
- Miho Nakayama, Japanese Actress and Singer, Found Dead at Her Tokyo Residence; She was 54 (UPDATE 1)
- Risk of Nuclear Weapons Being Used Greater Than Ever; Support Growing in Russia As Ukraine War Continues