Japan Ahead: Hoshino Resorts CEO

The video discusses the impact of closed borders on Japan's tourism industry, emphasizing the importance of domestic tourism, which constitutes 83% of the market. Despite a weak yen, domestic tourism is recovering, with expectations of full recovery by the end of the year. The government plans to promote domestic tourism but has postponed initiatives. The future of inbound tourism depends on easing border restrictions, with hopes for recovery by next year. Expansion plans for Japanese hot spring inns in the US and Canada are also underway.

What percentage of Japan's total tourism consumption is attributed to domestic tourism?

• 50%

• 83%

• 60%

• 90%

During which holiday season is a significant recovery in domestic tourism expected?

• New Year

• Golden Week

• Obon

• Christmas

How much is the domestic tourism market expected to be down compared to 2019 levels during the Golden Week?

• 10%

• 40%

• 20%

• 30%

What is the anticipated impact of a weak yen on Japan's domestic tourism?

• Positive impact

• No impact

• Severe impact

• Negative impact

What has the Japanese government postponed several times regarding tourism?

• Tourism promotion targeting domestic demand

• International travel restrictions

• Infrastructure development

• Visa policy changes

What is a key issue for Japan's tourism industry according to the transcript?

• Reducing travel costs

• Increasing international flights

• Building more hotels

• Relaxing border restrictions

Where is the company planning to expand its traditional hot spring inns?

• South America

• United States and Canada

• Australia

• Europe