HomeLatestHotel costs in Japan rise 15 pct from pre-COVID-19 ranges

Hotel costs in Japan rise 15 pct from pre-COVID-19 ranges

TOKYO, April 24 (Xinhua) — A survey reveals that the typical resort value in Japan through the newest quarter rose 15 % from the identical interval in 2019, earlier than the beginning of the coronavirus pandemic, public broadcaster NHK reported.

The survey carried out by STR, a analysis agency that gives market information on the resort business worldwide, reveals that the typical value for a resort room in Japan through the January-March quarter was 16,125 yen (about 120 U.S. {dollars}), up by round 15.7 {dollars} from the identical interval in 2019, the report mentioned on Sunday.

STR information additionally reveals that the typical resort value in Tokyo was the best within the nation at 21,587 yen (about 160 {dollars}), up 17 % in comparison with 2019.

STR attributes the rise to the implementation of a authorities subsidy program aimed toward selling home journey and the latest easing of COVID-19 restrictions within the nation, in addition to the yen’s weak spot and surging client costs.

Source

Latest