Asia Tourism Economy – ASIATERI

Economic Insight for Smarter Tourism Strategy

Structural Segmentation of Japanese Outbound Travel Behavior: Evidence from a PCA-Based Tourism Economics Analysis (Q3 2025)

The principal component analysis (PCA) based on quarterly Japanese outbound travel micro-aggregation for July~September 2025 reveals a strongly structured two-dimensional behavioral space that...

Frequency–Value Trade-offs in Japanese Outbound Tourism: Evidence from Principal Component Analysis across Demographics, Regions, and Destinations in the Third Quarter of 2025

The principal component analysis based on Japanese outbound travel data for the third quarter of 2025 (July~September) reveals a clear two-dimensional structure explaining 81.6% of the total variance...

Northeast Asia’s Outbound Travel Rebounds in 2025, Led by Japan and Taiwan

Outbound travel from Korea, Japan, and Taiwan strengthened in 2025, with Japan and Taiwan recording double-digit annual growth while Korea posted a more moderate expansion. The data suggest a...

Japan and Vietnam Emerge as Most Affordable Destinations for Koreans as KRW-Based Nominal Bilateral Exchange Rate Index Shifts Travel Costs

A recent review of the KRW-based Nominal Bilateral Exchange Rate Index (2023=100) suggests that overseas travel has become broadly more expensive for Korean tourists since early 2025...

JPY-Based Exchange Rate Movements and Tourism Price Competitiveness for Japanese Outbound Travelers

The figure presents the JPY-based nominal bilateral exchange rate index for major outbound tourism destinations of Japanese travelers, constructed with 2023 as the base year (2023...

Japan Enters High-Spending Travel Phase: TEPT Growth Accelerates in 2025

Japan’s outbound tourism market continued its recovery throughout 2024, supported by steady growth in both traveler volumes and travel-related spending. Monthly indicators show that Japanese residents...

Korean Outbound Travel Spending Rises as TEPT Signals Premium Shift

Monthly trends in Korean outbound tourism spending from January 2024 to October 2025 reveal clear seasonal patterns alongside a strong post-pandemic recovery in the tourism economy. This analysis...

Korea–Japan Currency Gap Widens, Increasing Tourism Flow to Japan

The chart below presents key movements in the Korean won (KRW) exchange rate against major global currencies from 2022 to 2025, offering essential insight into how currency trends have influenced...

Korea Tourism Price Trends (Jan 2024 ~ Nov 2025)

Korea’s monthly CPI data from 2024 to 2025 show that overall inflation remained stable, but tourism-related prices moved far more sharply. While the Headline CPI stayed within a modest 1.3%~3.1% YoY...