Home Lifestyle The Yen Depreciation Leads to Higher Charges for Tourists in Japan

The Yen Depreciation Leads to Higher Charges for Tourists in Japan

by BusinessMagazine

Japan is experiencing a tourism boom, fueled by the devaluation of the Yen. In the first half of 2024, international visitors reached a record 17.78 million, poised to surpass the 2019 record of 31.88 million.

The weaker Yen has made Japan more attractive to international tourists, making living costs cheaper for foreigners while locals face inflation.

Shogo Yonemitsu, owner of a seafood grill restaurant in Shibuya, Tokyo, said, “We are struggling to serve the influx of tourists. Hiring more English-speaking staff is necessary but significantly increases costs.”

To address these challenges, the tourism agency in Hokkaido has urged businesses to offer discounts to locals. In Himeji, officials are considering charging foreign tourists six times the local entrance fee at Himeji Castle.

Shuji Miyake, owner of a Tokyo pub, offers high-end dishes like ramen topped with lobster for 5,500 Yen—four times what locals pay. This caters to tourists willing to spend more on unique experiences.

Australian tourist Phoebe Lee stated she wouldn’t mind paying more if it helps locals. “This supports local businesses and preserves Japanese culture,” she said.

Other famous tourist spots, such as Mount Fuji, also consider different entrance fees for tourists and locals to manage overcrowding, protect the environment, and enhance the visitor experience.

Source: Vietnam Insider

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