The fee could be implemented for the 2025 World Expo.<\/p>\n\n\n\n\n\n\n\n
Japan.- Osaka Prefecture is exploring the possibility of implementing\u00a0a fixed fee for foreign visitors<\/strong> to address concerns related to overtourism.\u00a0Governor\u00a0Hirofumi Yoshimura\u00a0<\/strong>has suggested that the fee collection could coincide with the start of the 2025 World Exposition.<\/p>\n\n\n\n The fee would generate funds for initiatives aimed at managing overtourism. Currently, there are no such specific taxation schemes on tourists in place, according to the Ministry of Internal Affairs and Communication.\u00a0According to Kyodo News, governor Yoshimura emphasised the importance of ensuring a balance between tourism promotion and the preservation of local communities.\u00a0<\/p>\n\n\n\n Osaka Prefecture is set to establish a panel to discuss the proposal in April.\u00a0Implementation of such a system would require approval from the internal affairs minister. <\/p>\n\n\n\n Currently, the prefecture imposes an accommodation tax of JPY100 (US$0.67) to JPY300 (US$2) on room fees of JPY7,000 (US$47) or more per night whether guests are Japanese or foreigners. A similar fixed fee amount was recommended by Yoshimura.<\/p>\n\n\n\n Osaka city mayor\u00a0Hideyuki Yokoyama<\/strong>\u00a0previously said he hopes for\u00a020 million foreign visitors annually<\/a>\u00a0after the\u00a0Osaka integrated resort<\/strong>\u00a0opens, possibly in autumn 2030. MGM Resorts<\/strong>\u00a0has partnered with Orix Corp<\/a>, a Japanese company, for the resort and casino. It was expected to cost JPY1.08tn (US$8.38bn). However, the initial investment is expected to rise by JPY190bn (US$1.29bn).<\/p>\n","protected":false},"excerpt":{"rendered":" The fee could be implemented for the 2025 World Expo.<\/p>\n","protected":false},"author":176,"featured_media":17674,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Osaka Prefecture is exploring a fixed fee for foreign visitors to manage overtourism, potentially coinciding with the 2025 World Expo and requiring internal affairs minister approval. This initiative is being discussed as the region anticipates a significant increase in foreign visitors, particularly with the planned opening of the Osaka integrated resort by MGM Resorts and Orix Corp, which faces a substantial JPY190bn capital expenditure increase.","focusai_entities":"Hirofumi Yoshimura, Ministry of Internal Affairs and Communication, Kyodo News, Hideyuki Yokoyama, MGM Resorts, Orix Corp","focusai_location":"Japan, Osaka Prefecture, Osaka City","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.75), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Cost Impact","query":"What is the revised projected ROI for the Osaka Integrated Resort given the JPY190bn capital expenditure increase and potential visitor fee implementation?"},{"label":"Regulatory Approval Timeline","query":"What is the anticipated timeline for the internal affairs minister's approval of the proposed fixed visitor fee, and what are the key legislative hurdles?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-777013767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013767"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013767\/revisions"}],"predecessor-version":[{"id":777013770,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013767\/revisions\/777013770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17674"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}