⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Japan sees record visitors for second straight month on weak yen

Published 08/21/2024, 02:34 AM
Updated 08/21/2024, 03:31 AM
© Reuters. FILE PHOTO: A crowd of tourists walk at Nishiki Market in Kyoto, western Japan March 29, 2023.  REUTERS/Issei Kato/File Photo

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.

© Reuters. FILE PHOTO: Tourists ride a boat next to cherry blossoms at Chidorigafuchi Park in Tokyo, Japan April 4, 2024. REUTERS/Kim Kyung-Hoon/File Photo

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, travellers from 19 regions set new records for July arrivals.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.