How big is the Japan Hospitality Market?

The Japan Hospitality Market size is expected to reach USD 24.79 billion in 2024 and grow at a CAGR of 1.18% to reach USD 26.29 billion by 2029. Read More

What is the current Japan Hospitality Market size?

In 2024, the Japan Hospitality Market size is expected to reach USD 24.79 billion. Read More

Who are the key players in Japan Hospitality Market?

Toyoko Inn Co Ltd , Route-Inn Hotels , APA Hotels & Resorts , Prince Hotels & Resorts and Super Hotel Co Ltd are the major companies operating in the Japan Hospitality Market. Read More

What years does this Japan Hospitality Market cover, and what was the market size in 2023?

In 2023, the Japan Hospitality Market size was estimated at USD 24.5 billion. The report covers the Japan Hospitality Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Japan Hospitality Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Japan Hospitality Market?

The key drivers of the Japan Hospitality Market are a) Integration of technology (AI, IoT) for personalized experiences and operational efficiency b) Growing focus on sustainability (eco-friendly practices, green accommodations) c) Rise in demand for experiential and authentic offerings Read More

Japan Hospitality Industry - Market Size & Trends

Japan Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Industry in Japan is Segmented by Type (Chain Hotels and Independent Hotels) and by Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-scale Hotels, and Luxury Hotels). The report offers market size and forecasts in value (USD billion) for all the above segments.

Japan Hospitality Industry Overview

Homegrown hotel companies largely dominate the hospitality industry in Japan. Domestic brands and their chains constitute around 90% of the total market share. Toyoko Inn Co. is the largest hotel chain in the country in terms of rooms/key supply. It has more than 250 hotel properties and offers around 50,000 rooms/keys across the country. However, with technological advancement and service innovation, other domestic and international companies are increasing their market presence by securing new contracts and tapping new markets. Players including, Toyoko Inn Co Ltd., Route-Inn Hotels, APA Hotels & Resorts, Prince Hotels & Resorts, and Super Hotel Co Ltd., among others have been profiled in the report.