Japanese tourism and retail hit by decreased number of S. Korean tourists…

Published by Darron Toy on

now as South Korea's boycott of Japanese
products and companies just continues to intensify and is it expanding as well to
cover even more areas Japan's tourism and retail industries
are really feeling the heat now 'man son reports about a month since South
Koreans began their mass boycott of Japanese product the Japanese economy is
suffering from a drop in the number of tourists Japanese daily Asahi Shimbun
reported that a large drop in spending by South Korean visitors is damaging
Japanese tourism and retail industries the newspaper found that since the
boycott movement started some 1,100 Koreans cancelled their reservations at
Japan's traditional hotels in Oita prefecture a popular tourist destination
with hot springs the report also said the number of South Korean visitors to
Japan has decreased by 10 percent in July compared to the same period last
year citing data from Japan's largest travel agency JTB Corp reservations for
the jet ferry that runs between Busan and Osaka have fallen to one-third of
the usual amount and many Korean low-cost carriers have decided to cancel
their scheduled flights to Japan Japanese retailers are also suffering
from the boycott one of the largest shopping outlets in Fukuoka so sales
decreased by 25% during the week of to July 23rd compared to the year before
other major Japanese firms like açaí and Kirin breweries have pulled their TV
advertisement from South Korea and Japanese clothing brand Uniqlo also saw
falling sales in July however the polka movement is spreading
to wider areas in south korea in addition to customers not buying
Japanese product many retail shops and traditional markets have declared that
they will not sell Japanese product South Korea's logistics Association also
announced that they will not deliver specific Japanese brands with the trade
conflict between two countries still lingering the boycott and its impact on
both countries economies could grow even larger amines on Arirang news

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