Universal Studios Japan eyes expansion amid booming inbound tourism

The operator of Universal Studios Japan in Osaka is considering expanding the theme park amid booming inbound tourism, people familiar with the matter said Friday.The park is hoping to acquire an additional 60,000-square meter lot that would increase its total size by 10 percent. The lot, formerly the site of a Nippon Steel Corp. plant, is currently owned by parties including the Osaka city government.The current lease contract between the steelmaker and the city expires in 2027 and the operator of USJ is expected to lease the land in what would be the park's first expansion since its openi…READ FULL ARTICLE