Japan’s Tourism To Receive Substantial Investments | tourism-review.com
Tourism is growing fast in Japan. In 2017, the number of arrivals increased by 19.3% compared to the year before to a record 28.69 million. However, the problem is that the country has only few hotels to accommodate so many tourists. The shortage is forecasted to continue at least until 2020.
Japan's tourism sector now is to get huge investments through the newly established fund which will primarily support older hotels, traditional Japanese inns and private accommodations offered on platforms such as Airbnb. They will all be modernized with the millions available.
