HomeLatestHotel Prices Surge in Osaka Just 17 Days Before Expo Opening

Hotel Prices Surge in Osaka Just 17 Days Before Expo Opening

OSAKA, Mar 28 (News On Japan) –
With solely 17 days till the Osaka-Kansai Expo opens, pleasure is constructing as pavilion particulars proceed to be introduced, together with options from the Japan Gas Association and reveals showcasing Australia’s pure surroundings and interactive power video games.

At the identical time, a scarcity of resort rooms in Osaka and skyrocketing lodging prices have emerged as important points. Driven by inbound tourism demand and the affect of the Expo, resort costs in some circumstances have approached 20,000 yen per night time.
Concerns are rising that the Expo’s main target market—residents of the Kansai area—could wrestle to safe lodging, doubtlessly discouraging participation.
Last yr, Osaka recorded a file 14.64 million overseas guests, and this yr the quantity is predicted to surpass 17 million. Hotel occupancy charges are already excessive, and common room costs have risen considerably in comparison with pre-pandemic ranges.
This surge in demand raises fears that the Expo’s fundamental target market—Japanese residents, particularly households from the Kansai area—could also be discouraged from attending on account of excessive prices for lodging, meals, and transportation. Of the anticipated 28.2 million guests, solely 10% are projected to return from abroad, making home turnout essential.
Yet, ticket gross sales stay sluggish, with solely 8.35 million presold out of the 14 million aim. Amid this, the danger of “accommodation refugees” looms giant. Osaka Governor Yoshimura acknowledged that the town alone can not deal with the lodging wants and recommended broader assist, together with non-public leases and cooperation throughout the Kansai area.

Source: YOMIURI

Source

Latest