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JTB to invest in Indonesian tour firm www3.nhk.or.jp
Japan's biggest travel agent is investing in a leading Indonesian tourism company. JTB hopes to increase the number of Indonesian visitors to Japan.
JTB officials say the travel agent will acquire a 40 percent stake in Panorama Tours Indonesia.
CEO Hiroyuki Takahashi told reporters that Indonesia, the biggest country in Southeast Asia, shows promise as a tourism market.
Japanese government officials estimate about 270,000 Indonesian travelers came to Japan last year. That's up more than 30 percent from 2015.
Takahashi said JTB plans to develop and sell tours that feature attractions all over Japan.
Takahashi also said he hopes JTB tours will contribute to the revitalization of Japan's local communities.
Panorama Tours has more than 50 outlets in Indonesia. JTB's tours will be marketed through Panorama's offices and website.
Published Date:2017-02-01
