Expenditure on New Year travel in Japan set to reach record high

The average amount spent per person for domestic travel in Japan during the New Year vacation period is expected to rise 4.9 percent from a year earlier to a record 43,000 yen ($290) due to an increase in accommodation costs, a travel agency said Thursday.The expected amount is up 2,000 yen from the 2023/2024 holiday period in part because travelers are likely to take a longer holiday, as Dec. 28 and 29, and Jan. 4 and 5 fall on the weekend, JTB Corp. said.While the major Japanese travel agency projects the number of domestic travelers to remain unchanged from a year earlier at 28 million p…READ FULL ARTICLE