Japan travel costs during Golden Week holidays to mark 1st drop in 6 years

The average spending on domestic travel during the upcoming Golden Week holidays is expected to be 46,000 yen per person, marking the first decline since 2020, when the economy was hit hard by the COVID-19 pandemic, a major travel agency said Thursday. The figure was down 2.1 percent from a year earlier, according to a JTB Corp survey, which showed that consumers were increasingly tightening their purse strings amid rising prices and the war in the Middle East. As for the average spending on outbound travel, the figure is expected to be 329,000 yen per person, up 2.2 percent from last year and the highest amount since comparable data became available in 1996.