Mitsui Fudosan plan to open more store
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Japan’s largest factory outlet operator is considering opening a similar park in Thailand.
The firm, Mitsui Fudosan Retail Management, is the developer of Mitsui Outlet Park, which attracts increasing numbers of Thai visitors each year. 120,000 Thai nationals are expected to visit the park this year, compared to 80,000 last year and 60,000 in 2016.
Kazuo Iida, the GM for the firm’s tourism sales promotion department, said, “We’re interested in opening the Mitsui Outlet Park in Thailand, but the plan is just in the consideration process.
“The number of Thais who visit Mitsui Outlet Park ranks fourth after China, Hong Kong and Taiwan,” he explained. “The number of Thais who visit Mitsui Outlet Park will outpace Taiwanese visitors for third place in the near future.”
With the outlet park set to open a third-stage expansion at the end of October, it is moving towards becoming the outlet mall with the most stores in Japan, according to Iida.
The group operates 13 outlet malls in Japan and two branches in Taiwan and Malaysia.
Questions & Answers
Q.What is the expected number of Thai visitors to Mitsui Outlet Park this year?
What is the expected number of Thai visitors to Mitsui Outlet Park this year?
Mitsui Fudosan Retail Management anticipates 120,000 Thai nationals will visit the park this year. This represents a significant increase from 80,000 visitors last year and 60,000 in 2016.
Q.Which countries' visitors currently outnumber Thai visitors at Mitsui Outlet Park?
Which countries' visitors currently outnumber Thai visitors at Mitsui Outlet Park?
Visitors from China, Hong Kong, and Taiwan currently rank higher than Thai visitors. However, the company expects the number of Thai visitors to soon surpass those from Taiwan, reaching third place.
Q.How many outlet malls does Mitsui Fudosan Retail Management operate outside of Japan?
How many outlet malls does Mitsui Fudosan Retail Management operate outside of Japan?
The group operates two outlet mall branches outside of Japan. These are located in Taiwan and Malaysia, in addition to their 13 malls across Japan.
Q.What expansion plans are underway for Mitsui Outlet Park in Japan?
What expansion plans are underway for Mitsui Outlet Park in Japan?
Mitsui Outlet Park is set to open a third-stage expansion at the end of October. This development aims to make it the outlet mall with the most stores in Japan.
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