Comment by dudeinjapan
7 months ago
Its not clear how much of the increase is due to tourist demand vs. global price inflation in general. 5000 yen is now $33. Thats an unthinkably low price in the US unless you are going for bedbugs and a piss-stained mattress…
Prices in Japan seem to be de-coupling from the rest of the world… e.g. the “Japanese only” language-locked Nintendo Switch 2
It is very clear if you compare hotel prices to renting an apartment, which have almost been stagnant over the last 1-2 years (before they were rising quite a bit of course). At least very from 100%+ increases that I can see for hotels everywhere in Tokyo, including most of greater Tokyo area.