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Travel & Leisure

Japan's tourism boom entices luxury hotel operators

Historic Okura Tokyo reopens with rooms going for an average $650 a night

The Okura Tokyo reopened on Sept. 12 after a four-year renovation: The luxury hotel market in Japan is still underserved, industry analysts say. (Photo by Ken Kobayashi)

TOKYO -- The luxury hotel market is booming in Japan, fueled by an influx of foreign visitors, ahead of the Tokyo Olympics next year.

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