Banyan Tree Debuts in Japan
Skift Take
Banyan Group has launched its first Banyan Tree hotel in Japan, located in Kyoto, and plans further expansion with four additional properties in development.
China has seen a dramatic increase in the number of foreign visitors in the first seven months of 2024, reaching a total of 17.25 million, up 129.9% year on year. The National Immigration Administration estimates that the visitors will contribute to a total consumption exceeding 100 billion yuan during their stays with, on average, each visitor spending nearly 3,500 yuan per day. China also reported a big increase in cross-border travel overall. From January to the end of July this year, the country logged a total of 341 million cross-border travels, a 62.34% increase compared to the same period last year.
Macau's Statistics and Census Service said visitor arrivals in July totaled 3,021,189, up 9.5% from July of 2023. That recovered to 85.6% of July 2019. Mainland China arrivals were up 14.3% year on year to 2,183,397. Hong Kong arrivals were down -10.9% year on year to 589,026. Visitor arrivals from Mainland China and Hong Kong recovered to 85% and 92.
