In 2023, Japan's tourism industry is regaining its vitality. Over the past few years, the stagnant tourism demand due to the new coronavirus has increased again, coupled with the impact of the weak yen, attracting many international tourists, especially from Europe and the United States. They wish to enjoy the foreign culture and are heading towards Japan's nature, cities, cultural heritage, and commercial districts.
I have high expectations for the growth of Japan's inbound market, but not every industry can benefit equally. After analyzing the current situation, I have decided to focus particularly on the hotel and catering sectors among the key areas related to the tourism industry. Instead of being swayed by short-term market fluctuations, I will focus on investment targets that can provide sustainable income.
Industry analysis and investment selection
Retail, airlines, and transportation: The growth outlook is cautious.
With the increase in inbound demand, the flow of people is activated, leading to a sharp increase in demand for hotels, restaurants, and shopping facilities. However, not all sectors can expect sustainable growth.
The retail industry is showing signs of prosperity, but the competition is fierce and the consumption demand by tourists may be short-term...