In 2023, the domestic tourism expenditure on accommodation services for visitors in Japan stood at 4 trillion Japanese Yens. Looking at the forecast data from 2024 to 2028, we observe a steady increase in expenditure over these years. The figures show a year-on-year growth rate of approximately 0.75% from 2024 to 2025, and it continues with minor annual increases.

The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.7%, indicating consistent growth in domestic tourism expenditure on accommodation services. This trend suggests a stable and slightly increasing demand for accommodation services within Japan’s domestic tourism sector.

Future trends to watch for:

Potential impacts of economic policies and global economic conditions on domestic spending.
Technological advancements and digital transformation in the accommodation industry.
Changes in consumer behavior and preferences towards eco-friendly and sustainable tourism options.
Impact of geopolitical events and health crises on domestic travel trends.