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Search resuls for: "Joydeep Chakraborty"


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With a plum position atop many "Best Places to Travel" lists, Japan is on track to welcome a record-breaking number of travelers in 2024. Summer trips are up too, with inbound bookings doubling since last summer, a representative from the travel website Trip.com told CNBC Travel. In 2019, China welcomed some 49.1 million travelers — as of July this year, around 17.25 million foreigners had arrived, according to Chinese state media. "The USD/JPY exchange rate [moved] from approximately 140 in January 2024 to over 160 by July 2024, making Japan more affordable," said Chakraborty. But a Pew Research Center report shows that, among 35 surveyed countries, more than half have unfavorable views of China.
Persons: Trip.com, Joydeep Chakraborty, Chakraborty, Jasmine Leung Organizations: National Immigration Administration, CNBC Travel, Japan, Japan Federation of Service & Tourism Industries Workers ' Unions, East Asia, Pew Research Center, France — Locations: Japan, China, Kiyomizu, dera, Kyoto, United States, Germany, United Kingdom, France, Saharan Africa, Asia, Malaysia, Thailand, Australia, South Korea
Hotel rates are at an "all-time high," Alan Watts, Hilton's Asia-Pacific president, told "Squawk Box Asia" on Thursday. In parts of Asia Pacific, hotel rates are climbing even higher. Rates in Asia are skyrocketingThe travel boom in Asia Pacific has been "phenomenal," said Watts. Average hotel rates across Southeast Asia have gone up more than 10% since 2022, according to data from the travel booking company Traveloka. Ctrip, the leading travel booking website in China, also told CNBC that average hotel booking prices in Bangkok jumped by around 70% in late January.
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