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Japanese travel spend plummets in 2001—but recovery is dueJapanese travel spend plummets in 2001—but recovery is due
2-Mar-2002
JAPAN. Japan?s leading travel agencies reported an overall fall of 11.5% in Japanese international travel spending in 2001. Although it rose by 3.6% in the first nine months of the year, overseas travel expenditure slumped by 40% during the fourth quarter because of the September 11 attacks, the impact of which was felt most acutely by duty-free operators in Hawaii, Micronesia, Australia and on the US west coast.
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?JAPAN. Japan?s leading travel agencies reported an overall fall of 11.5% in Japanese international travel spending in 2001. Although it rose by 3.6% in the first nine months of the........
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