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Stock impact report

Japan is set to open its doors in June, but some locals aren't happy about it [CNBC]

Expedia Group, Inc. (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Company Research Source: CNBC
That may soon change. Prime Minister Fumio Kishida announced Thursday at a news conference in London that Japan will ease border controls in June. Locals often celebrate the easing of pandemic-related border restrictions, but some in Japan say they are fine keeping the measures in place. Even before the pandemic, many locals preferred to travel within the country, with domestic tourism totaling $21.9 trillion yen ($167 billion) in 2019, according to government-backed Japan Tourism Agency Although Japanese people are currently allowed to travel abroad, many “don't want to go overseas” and choose to “travel inside the country” instead, said Dai Miyamoto, the founder of travel agency Japan Localized. Izumi Mikami, senior executive director at Japan Space Systems, visited Kyushu Island and Okinawa Island, two tourist hot spots before the pandemic. He said he felt safer with fewer tourists around. Some people are taking the opportunity to be outdoors after spending much time at Show less Read more
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