![]() ![]() ![]() We must nurture and support this sector, finding innovative ways to attract visitors and ensure their comfort. “International travel will be essential to achieve the long-awaited recovery. It stimulates job creation, from tour guides and hotel staff to local artisans and transportation providers. “The economic ripple effect of this sector is awe-inspiring. We predict a significant boost to the global Travel & Tourism sector as residents begin to travel once again. Julia Simpson, WTTC President & CEO, said: “Travel & Tourism is an important driver of economic growth and job creation to Japan. International visitor spend declined a by more than 31%, remaining 93.5% below 2019 levels.ĭomestic visitor spend grew by 61.6% last year, virtually returning to 2019 levels, only 0.2% behind. ![]() International visitor spend in Japan declined in 2022 as the effects of prolonged travel restrictions continued to have a chokehold on the sector. The sector saw jobs increase in 2022, from the previous year, to nearly 5.1 million jobs nationally – one in 13 jobs across Japan. Last year the sector’s GDP contribution grew by 50.5% to reach more than USD 257 billion (JPY 33.9 trillion), representing 6.2% of the economy. International visitor spend in Japan is forecast to surge by 553.4% this year to reach USD 16.8 billion (JPY 2.2 trillion), still 57.6% below the 2019 peak. While the sector is still shy of 300,000 jobs to reach pre-pandemic levels, by the end of this year it will only be 5.2% below 2019 levels. ![]() This means around one in twelve workers in Japan, are directly or indirectly employed in the Travel & Tourism sector. This figure is only 6.8% shy of to the 2019 pre-pandemic high of USD 306.5 billion (JPY 40.3 trillion), and by end of year the sector could represent 6.8% of the total economy.ĭespite the effects of the pandemic spanning into 2023 in Japan, WTTC is forecasting for the sector to create around 470,000 jobs this year, to reach nearly 5.6 million. London, UK: The World Travel & Tourism Council’s ( WTTC) 2023 Economic Impact Research (EIR) today reveals Japan’s Travel & Tourism sector’s GDP contribution is forecast to reach USD 285.5 billion (JPY 37.6 trillion) this year. Travel & Tourism projected to support nearly 6.7 million jobs by 2033 Sector’s contribution only 6.8% behind 2019 high ![]()
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