Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry

Type of paper: Report

Topic: Japan, Hospitality, Community, Industry, Hotels, Tourism, Trend, Development

Pages: 1

Words: 275

Published: 2021/02/26

Management

The Japan’s tourism industry is reshaping following an influx of Asian visitors and a cheap yen. This move has seen the number of foreign visitors to Japan grew by almost 30% back in 2014 with the number of Chinese tourists visiting Japan increasing to more than 80%. The Japanese government has played a great role towards reshaping its tourism by also easing the visa rules thus targeting Asia’s growing middle class (Kosaku all).

Justification for my choice

I chose this trend since it shows a great impact in tourism development in Japan. The nation is making it services cheap in order to encourage various classes of people in Asia to visit the nation.

Impact on the Hospitality Industry

This move will lead to growth and development of the hospitality industry in Japan. Ideally, this is because the more the number of tourists entering the nation the more the revenue.

Trend#2: Upgrading of InterContinental Hotels Group PLC (IHG) Trend

Recently the IHG PLC increased their rating to hold by analysts Jefferies Group. This is because the shares opened at $39 which is different from normal low of $33.41. This is a clear indication that the shares of the group are gaining value with time (Dow all).

Justification of my choice

I chose this trend because it clearly shows how the shares of the InterContinental Hotels Group PLC are improving with time. This is a clear indication of a great future in the investment as it will attract more investors.
Impact on the Hospitality Industry
The increased rating of the shares of IHG to hold is a great move towards the growth and development of the hospitality industry. This is because it opens ways for investors to invest more in the group hence increasing its revenues.

Works Cited

Dow, Jones. InterContinental Hotels Raised to Hold From Underperform by Jefferies. Wall Street Journal, http://www.wsj.com/articles/BT-CO-20150409-701634. 9 April 2015.
Kosaku, Narioka. IHG ANA Hotels Chief Sees More Positivity in Japan. Wall Street Journal, http://blogs.wsj.com/japanrealtime/2015/03/18/qa-ihg-ana-hotels-chief-sees- more-positivity-in-japan/. 18 Mar 2015.

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WePapers. (2021, February, 26) Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry. Retrieved April 18, 2021, from https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/
"Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry." WePapers, 26 Feb. 2021, https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/. Accessed 18 April 2021.
WePapers. 2021. Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry., viewed April 18 2021, <https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/>
WePapers. Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry. [Internet]. February 2021. [Accessed April 18, 2021]. Available from: https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/
"Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry." WePapers, Feb 26, 2021. Accessed April 18, 2021. https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/
WePapers. 2021. "Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry." Free Essay Examples - WePapers.com. Retrieved April 18, 2021. (https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/).
"Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry," Free Essay Examples - WePapers.com, 26-Feb-2021. [Online]. Available: https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/. [Accessed: 18-Apr-2021].
Free Report About Trend #1: Reshaping Of Japan’s Tourism Industry. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/free-report-about-trend-1-reshaping-of-japans-tourism-industry/. Published Feb 26, 2021. Accessed April 18, 2021.
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