Investor Presentaiton
Overall Status of Hotel Market
On April 28, 2023, Japan completely lifted the requirement to present proof of vaccination or a negative test result
when entering the country.
With COVID-19 being reclassified as a "Class 5" disease on May 8, infection countermeasures are now at the
discretion of businesses and individuals, and social and economic activities are returning to normal.
On August 10, 2023, the government of China lifted its ban on group travel to 78 countries and regions around
the world, including Japan, after around 3.5 years.
Recently, the number of foreign visitors to Japan as a whole has recovered to about 85% of the equivalent month
in 2019.
Asia (excluding China) and the West have already surpassed 2019 levels, and China has also been progressing
well since the start of the year as it heads toward a full recovery.
Entry Restrictions etc. in Japan and China (After Mar. 2023)
Changes in Number of Foreign Visitors to Japan vs.
2019 (Since January 2023)
Date
Entry Restrictions etc. in Japan and China
140%
Mar. 1
JPN
Switch to random screening tests for visitors
120%
Chinese visitors)
from China (conducted for at most 20% of all
100%
122.9%
107.7%
Apr. 5
JPN
Lifting of requirement for visitors from China to
show proof of a negative test result
80%
85.6%
60%
Apr. 28
JPN
Lifting of requirement to show proof of
40%
vaccination or negative test result for all travelers
20%
May 8
JPN
COVID-19 reclassified as "Class 5"; infection
countermeasures at individual's discretion
0%
Aug. 10
CHN
Lifting of ban on group travel to 78
Jan-23
countries/regions worldwide, including Japan
Total
Europe and North America
(Source) Japan National Tourism Organization (JNTO)
(Note) The figures for July and August 2023 are estimates.
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
36.4%
China
Asia (excluding China)
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