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Japan Tourism Extends Decline on Reduced Flights, China Weakness

Japan Tourism Extends Decline on Reduced Flights, China Weakness
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Japan Tourism Extends Decline on Reduced Flights, China Weakness Japan’s inbound tourism extended its decline in May, weighed down by reduced flights across routes and a prolonged slump in Chinese visitors. Total inbound arrivals fell 3.6% year-on-year to 3.6 million in May, Japan National Tourism Organization data showed Wednesday. They fell in April due to rising airfares stemming from the Iran conflict.

Japan Tourism Extends Decline on Reduced Flights, China Weakness Japan’s inbound tourism extended its decline in May, weighed down by reduced flights across routes and a prolonged slump in Chinese visitors. Total inbound arrivals fell 3.6% year-on-year to 3.6 million in May, Japan National Tourism Organization data showed Wednesday. They fell in April due to rising airfares stemming from the Iran conflict.
Japan (LOCATION) Reduced Flights (LOCATION) China (LOCATION) Chinese (ORG) Japan National Tourism Organization (ORG) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →