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4) Japanese railways get about 50% of their income from ticket sales, the rest comes from owning the high value land around the stations (renting, grocery store
by jabl 5y ago
4) Japanese railways get about 50% of their income from ticket sales, the rest comes from owning the high value land around the stations (renting, grocery stores, hotels and whatnot).
- andy_ppp 5y agoThat makes a load of sense, the larger stations are like department stores, China’s remodelling while I was there was astonishing. Must have been £100m invested but they’ll definitely reap rewards.
- toyg 5y agoThis is actually something Japan got right earlier than others. A lot of European and American train stations are rudown and surrounded by shady activity, whereas Japanese stations are effectively high-level shopping malls.