Luxury travellers in Japan on the rise

The luxury outbound segment in Japan is strong and growing, with this profile of travellers expecting a greater degree of personalisation than ever before according to online travel news site TTG. Japan has a stable government who is pro-business, banks are healthy and lending, companies are focused and highly innovative and Japan is seeing the rise of new middle class, according to one analyst.

Japan’s high-end travellers come from the emerging middle class, but also from wealthy retirees. The fact that 45 per cent of Japanese above 20 years of age hold no debt is another reason why there is a buoyant luxury outbound market..

Read the full report here…

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