Loading
21-Mar-2019 9:25 AM

WTTC: Japan remains the world's third largest travel and tourism economy in 2018

World Travel & Tourism Council (WTTC) reported (20-Mar-2019) Japan retained its position as the world's third largest travel and tourism sector economy during 2018, generating JPY40.6 trillion (USD367.7 billion) in tourism spending, an increase of 3.6% year-on-year. The travel and tourism sector represents 7.4% of all economic activity in Japan, while supporting 4.6 million jobs, or 6.9% of total employment. 68% of tourism spending in 2018 was generated by leisure travellers, with 32% from business travellers (above the global average of 21.5%). Spending was driven strongly by domestic travellers, with 82% of the tourism spend from the domestic sector. [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More