Almost one year since a devastating earthquake and ensuing tsunami struck Japan, a global travel trade group predicted that the island country's tourism industry would make a full recovery in 2012 amid a global rise in travel spending.
An economic analysis issued Wednesday by the World Travel & Tourism Council predicted that international tourism would generate $129 billion in spending in Japan in 2012, compared with $128.5 billion generated in 2010.
The earthquake, which struck March 11, 2011, triggered a tsunami and ensuing fears over damage to a key nuclear power plant in Japan. Tourism spending in the country fell by 3.9% to $123.5 billion for the entire year, according to the tourism council. (Los Angeles Times)
Almost one year since a devastating earthquake and ensuing tsunami struck Japan, a global travel trade group predicted that the island country's tourism industry would make a full recovery in 2012 amid a global rise in travel spending.
An economic analysis issued Wednesday by the World Travel & Tourism Council predicted that international tourism would generate $129 billion in spending in Japan in 2012, compared with $128.5 billion generated in 2010.
The earthquake, which struck March 11, 2011, triggered a tsunami and ensuing fears over damage to a key nuclear power plant in Japan. Tourism spending in the country fell by 3.9% to $123.5 billion for the entire year, according to the tourism council. (Los Angeles Times)