Ryokan sales value in Japan 2012-2021

Published by
Alexandru Arba,
Jun 21, 2024
In 2021, the market size of traditional hotels (ryokan) in Japan amounted to about 0.68 trillion Japanese yen. The figure declined significantly with the advent of the COVID-19 pandemic, plunging to around half of its pre-pandemic values.

Value of the Japanese-style inn (ryokan) market in Japan from 2012 to 2021 (in trillion Japanese yen)

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Release date

November 2022

Region

Japan

Survey time period

2012 to 2021

Supplementary notes

100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.

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