TOKYO -- Japanese real estate developer Mori Trust is gearing up for a surge in the number of foreign tourists visiting Japan in 2024 and predicts their spending will reach record levels as it prepares to open luxury hotels later in the year.
Real estate developer predicts a surge in foreign arrivals and spending this year

The restaurant at Mori Trust's 'Shisui, a Luxury Collection Hotel, Nara', located in the city of Nara, the 8th century capital of Japan. (Photo by Tetsuo Takada)
TOKYO -- Japanese real estate developer Mori Trust is gearing up for a surge in the number of foreign tourists visiting Japan in 2024 and predicts their spending will reach record levels as it prepares to open luxury hotels later in the year.