According to a survey conducted by Nikkei Research covering the period of August 2006 to July 2007, Japanese travel industry revenues grew almost 4% versus the previous year. The increase was attributed, amongst other things, to a rebound in traffic to China and the popularity of European travel connected to World Cup soccer amongst Japanese tourists.
Of Japan's top five travel companies, JTB and HIS saw the best growth, with sales expanding 10.5% and 14.7% respectively. In contrast, Kinki Nippon Tourist and Hankyu Travel experienced subtle revenue decreases (under 1% each), while Japan travel achieved very moderate growth of 1.1%.
Based on the Nikkei data, here are Japan's top five travel agencies as of July 2007:
1) JTB
2) Japan Travel (日本旅行）
3) Kinki Nippon Tourist
4) Hankyu Travel
5) H.I.S.
