japanese economic outlook
A Deep Dive Into Japan’s Road to Recovery
September 30, 2020
While many nations have lifted COVID-19-related limits on travelers, entry restrictions for international travelers in Japan remain in place. However, the Japanese government has launched a “Go to Travel” campaign to promote domestic travel and help boost local businesses. But while hotel occupancy has improved thanks to this government campaign, levels remain well below pre-pandemic levels with full recovery not expected for years. COVID-19 “second wave” & Go to Travel campaign impact The Go to Travel campaign provides subsidies of up to 50 percent on transportation, hotels, restaurants, tourist attractions and sh...