
HOSPITALITY MARKET – JAPAN
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 24.4 Billion
Market Forecast in 2033: USD 27.0 Billion
Market Growth Rate: 1% (2025-2033)
According to the latest report by IMARC Group, “The Japan hospitality market size reached USD 24.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 27.0 Billion by 2033, exhibiting a growth rate (CAGR) of 1% during 2025-2033.”
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Japan Hospitality Industry Trends and Drivers:
Gradual growth is being witnessed in the Japanese hospitality market, after being severely hit by the COVID-19 pandemic, and recovery is anticipated by the rebounding of the international tourism, high demand of domestic travels, and changing expectations of guests with regard to service quality and experiences. The image of Japan as one of the most desirable tourist attractions with rich cultural heritage, beautiful nature, culinary and high level of hospitality remains to invite foreigners who want to experience the Japanese culture on its true nature. The aggressive encouraging policies by the Japanese government in terms of visa relaxation, tourism marketing campaigns and investments in infrastructure have led to the country being placed to be able to capture increased travel demand by Asian markets especially China, South Korea, Taiwan and even in the western markets. Domestic tourism is a market segment that has been a significant market backbone with Japanese tourists perpetuating cultures of visiting hot spring resorts, travelling seasonally to see cherry blossoms and autumn leaves, and visiting regional destinations, which offer a unique culture and cuisine. Diversification of accommodation products in alternatives to traditional hotels in the form of ryokans, capsule hotels, serviced apartments, and distinct lifestyle property is giving rise to the differentiated products that can meet the different tastes and budgets of travelers.
Technology integration, sustainability programs, and evolving consumer tastes that focus on individualization, well being and quality experiences rather than standardized services are changing the market. Hotels are introducing contactless solutions, mobile check-in, smart concierge, and automation of rooms to make their services more convenient, at the same time saving the operational costs and solving the problem of labor shortage. Sustainability has been a competitive differentiator where properties have adopted eco-friendly activities such as energy efficient systems, waste minimization programs, locally sourced amenities and cultural preservation programs that appeal to eco-conscious travelers. New guest bookings are increasing the length of stay and creating more per-guest revenues as business travelers add leisure days to work trips through the emergence of the bleisure travel phenomenon. Low end and economy hotels are still stealing major market shares courtesy to their clean, economical and well-positioned accommodation at reasonable rates, which attract both local and international low-end travelers. More so, the hospitality industry is responding to the changing health and hygiene expectations by providing more cleaning procedures, air purifying units, and the openness of the cleaning procedures that have become crucial to guest confidence and satisfaction in the post-pandemic world.
Japan Hospitality Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan hospitality market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Type:
- Chain Hotels
- Independent Hotels
Breakup by Segment:
- Service Apartments
- Budget and Economy Hotels
- Mid and Upper Mid-scale Hotels
- Luxury Hotels
Regional Insights:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan hospitality industry.
- APA Hotels & Resorts
- JR Hotel Group
- Marriott International Inc.
- MYSTAYS Hotel Group
- Okura Nikko Hotel Management Co. Ltd.
- Prince Hotels & Resorts
- Route Inn Japan Co. Ltd.
- Super Hotel Co. Ltd.
- Tokyu Hotels & Resorts Co. Ltd.
- Toyoko Inn Co. Ltd.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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