4Hoteliers
SEARCH
ITB 2024 Special Reporting
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Japanese tourism market in trouble.
Tuesday, 9th September 2008
Source : Travel Trends
DON'T expect the Japanese tourism market to rebound any time soon.

That's the key message from two of Japan's biggest wholesalers – JTB and Jalpak, which both report slumping demand.

Travel Vision reports that Fumiyuki Kitajima, President and CEO of JTB World Vacations, is perplexed by the present market.

"Cancellations come in persistently week after week. We don't witness their shift to domestic travel either as a substitute, which is quite new to us. The hikes of oil surcharge and the struggling economy are deteriorating travel market … (it's an) extraordinary situation."

The biggest falls are in estimated summer travel to Oceania (-17%) and China (-53%). The US (+8%), Asia (+4%) and Micronesia (+4%) have held up best.

Meanwhile, Jalpak, part of Japan Airlines, reports that total summer travel numbers will fall 20% to 170,000 pax.

Unlike JTB, Jalpak is down in all markets with Oceania off 24% over the previous year.

Its forecasts aren't looking good, either.

www.traveltrends.biz

 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy