Households drive market demand, with household spending representing 60.7% of total demand in 2023. Prince Hotels Inc is the largest company in Japan, generating 5.2% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 16.4% of total production value in 2023. The total number of companies increases in 2023, to 71,188 units. The costs of the industry increase by 13.5% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 15.2% of turnover in 2023, the 15th highest regionally. With turnover of USD54.5 billion, Japan accounts for 21.2% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Japan: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Japan: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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