In 2023, Japan's tourism industry is regaining its vitality. For several years, the stagnant demand for tourism due to the novel coronavirus is once again increasing, along with the impact of a weak yen, attracting many international tourists, particularly from Europe and the United States. They wish to enjoy a foreign culture and are heading to Japan's nature, cities, cultural heritage, and commercial districts.
I have high expectations for the growth of Japan's inbound market, but not all industries can equally benefit. After analyzing the current situation, particularly focusing on the hotel and food industries among the key sectors related to tourism. I have decided to pay special attention. I will focus on investment targets that can expect sustainable profits without being swayed by short-term market fluctuations.
Industry Analysis and Investment Selection
Retail, airlines, and transportation: the growth outlook is modest.
With the increasing demand for inbound travel, the flow of people is becoming active, leading to a sharp rise in demand for hotels, restaurants, and shopping facilities. However, not all sectors can expect sustained growth.
The retail industry is showing signs of prosperity, but the competition is intense, and the consumption demand from tourists may be short-term...

By chance

I was left behind 😭

I really don't know the profit margin of SPAC brands 😭