Tokyo’s Domestic Tourism Rebounds to 2019 Levels

• Tokyo domestic tourism bounced back to pre-pandemic levels in 2022, with 542.67 million Japanese tourists visiting, but foreign tourists declined by about 78% compared to 2019.
• Macau‘s hotel industry showed significant recovery in June 2023, with an 89% average occupancy rate, and daily room rates increased by over 100% year over year.
• Beyond Stay, an Indian hotel chain, raised funds in a Pre Series A investment round to expand its presence in new locations and improve its technology infrastructure.

Tokyo media reports suggest the number of domestic tourists who visited Japan’s capital in 2022 has bounced back to pre-pandemic levels. The Tokyo Metropolitan Government estimated that about 542.67 million Japanese tourists visited Tokyo last year, down only -0.1% compared to 2019, NHK reported. Japanese domestic tourists are estimated to have spent roughly 4.62 trillion yen (US$32.7 billion) which […]