Why Investors Are Taking Note of Japan’s Tourism Boom

May 25, 2018

With tourism in Japan booming and the 2020 Olympic Games on the horizon, investors have been taking a closer look at the country's hotels. Over 25.5 million travelers descended on Japan in 2017, up 19 percent from the previous year, according to the Japan National Tourist Organization. A huge jump from 2011, when just 6.2 million overseas tourists were recorded. "Tourism demand is expected to grow significantly towards the 2020 Tokyo Olympic Games," said Kei Sumiyoshi of JLL Hotels & Hospitality Group. Amid the influx, "Asian investors led by China remain keenly interested in hotel investment." Surging tourism around the world has b...