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Fueled partly by a surge in inbound travelers with a strong preference for digital booking, online travel bookings in Japan are growing more than twice as fast as the overall travel market. In addition, global OTAs including Expedia, Booking.com/Agoda and Ctrip/Trip.com are expanding their footprint in the country, further helping to drive online bookings. Meanwhile, suppliers and intermediaries in Japan’s rail space are introducing new technology to transform rail distribution and deliver a seamless trip planning, booking and riding experience. This publication presents a high-level view of the Japanese travel market, focusing on the need-to-know developments, trends and stories that are impacting the market now.Analysts: Haruo Ushiba, Cathy Walsh, Coney Dongre, Deepak Jain, Maggie RauchTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, RailRegion: Asia PacificResearch Type: Report
Japan is the second largest travel market in Asia Pacific, and one of the region’s most established online travel markets. While a number of factors are contributing to slowing domestic growth, the nation’s travel industry is responding by increasing its focus on attracting overseas travelers. This report presents market sizing and projections for the Japan total and online leisure/unmanaged business travel markets for 2014-2020, as well as key trends and challenges for the coming years.Analysts: Haruo Ushiba, Coney Dongre, Deepak Jain, Maggie RauchTopic: Market Overview & SizingSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Rail, Tours & PackagesRegion: Asia PacificResearch Type: Report
Japan’s economy continues its journey through troubled waters with GDP growth hovering around a modest 1% for the fourth consecutive year. Slowing exports and an aging population are major contributing factors to this sluggish growth. However, gradually increasing wages and Tokyo’s preparations to host the 2020 Summer Olympic Games both contribute to a cautiously optimistic outlook for infrastructure development, employment and inbound travel.Analysts: Haruo Ushiba, Claudia Unger, Maggie RauchSegments: Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & PackagesRegion: Asia PacificResearch Type: Report