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Japan’s Bullet Train Rail Pass Prices Soar 70% for Tourists

  • Prices of Japan rail pass raised for first time since 1980s
  • Rail operator expects resilient demand despite fare increase

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WATCH: Japan’s JR train network has raised prices of rail passes for tourists for the first time in four decades, by an average of 70%. Supriya Singh reports.Source: Bloomberg

Tourists in Japan will pay more for rail passes after the JR train network raised prices for the first time in four decades, by an average of 70%. But even with the big increase, demand is likely to stay strong thanks to a cheaper yenBloomberg Terminal and flow of inbound visitors.

From the start of this month, a rail pass offering 14 days of unlimited travel across Japan costs ¥80,000 ($534), up from ¥47,250. There are also options for one- and three-week passes, as well as first class. The price hikes vary from about 65% to 77%.