China visitors to Japan crashed -60.7% in Jan 2026 after growing 135% in Jan 2025. Hong Kong hit a record 3.65M mainland arrivals in the same month. Singapore is flat. We trace the data across markets to understand the structural shift reshaping Asian hotel demand.
Q4 2025 data from the Japan Tourism Agency shows Singapore visitors spent a record ¥373,312 per person per trip — with shopping (¥142,735) surpassing accommodation (¥135,667) for the first time ever. The weak yen is not just drawing more Singaporeans to Japan; it is fundamentally changing how much they spend and what they spend it on.
Five European markets send 1.7M visitors to Asia in Q4 2025. Germany leads Japan, UK dominates Singapore. Country-by-country data breakdown with charts.