Japan's summer outbound travel to fall 9% on weak yen, 1st post-COVID drop

Overseas trips from Japan are expected to decrease by 8.8 percent to a cumulative 2.17 million for this year's summer holiday period, the first year-on-year decline since the post-pandemic recovery in 2023, as consumers feel the impact of the weak yen and rising costs, according to major travel agency JTB Corp.Higher costs are steering vacationers away from long-haul destinations such as North America and Australia, while domestic travel may also struggle as people become more frugal amid inflation, according to the company's projections for the July 15 to Aug. 31 period.Average overseas tr…READ FULL ARTICLE