Tourism and Investment in Japan

Foreign visitors to Japan plunged to record low harming tourism in Japan Japan confirmed 102,333 new COVID-19 cases on February 5, for the highest daily count although the speed of infections is gradually slowing down and some researchers think it is peaking out.  The spread of coronavirus infection is affecting the tourism industry again. Travel restrictions to prevent the spread of COVID-19 have throttled Japan's tourism industry with the estimated number of foreign visitors plummeting to an all-time low of 245,900 in 2021.  The number of guests who stayed at hotels and other accommodation facilities in Japan hit a record low last year for the second straight year because of prolonged border controls and a slowdown in the recovery of domestic travel demand. The cumulative total of guests at hotels and inns was 315.75 million in 2021, down 4.8 percent from 2020 and 47.0 percent from 2019, according to preliminary data recently announced by the Japanese government.  The number of