REGS World Topics Vol. 16: Real Estate Utilization in Japan’s 11 Model Tourist Destinations
We are pleased to bring you a selection of unique property utilization news from an array of topics sent to us by GARDE agents around the world. In this issue, we introduce some of the tourism activities taking place in Japan.
As Japan emerges from the effects of the COVID-19 pandemic, the recovery of tourism is both an opportunity and a challenge. While the influx of tourists is vital for economic recovery, it is putting increasing strain on popular tourist destinations such as Tokyo, Osaka, and Kyoto. Overcrowding, strain on infrastructure and overtourism in these cities have caused conflicts with local communities. In response to these pressing issues, the Japanese Government has launched a comprehensive strategy to address overtourism and promote sustainable tourism growth throughout Japan, while also preventing tourism resources from becoming idle real estate.
Details here: Promoting Rural Tourism and Sustainable Growth Through Tourism
