Tokyo hotels 30%-40% cheaper than New York, Singapore in dollar terms

Room rates poised to rise as inbound tourism booms on weak yen

20240517N Bulgari Hotel

Bulgari Hotel Tokyo, which opened near Tokyo Station last year, offers rooms in May starting around 300,000 yen ($1,900) nightly. (Photo by Takeshi Hashimoto)

AKINOBU MASUBUCHI, Nikkei staff writer

TOKYO -- A weak yen has helped make Tokyo hotels more affordable for growing numbers of international visitors, and is giving operators an opening to raise their prices.

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