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A government survey released on Tuesday showed that under the boost of hotel demand and urban redevelopment, commercial land prices outside the three major cities in Japan rose last year, the first time in 26 years. The three major cities are Tokyo, Osaka and Nagoya. The Ministry of Land, Infrastructure, Transport and Tourism pointed out that the average land price in these cities rose by 0.5% last year, the first time since 1991. Land prices in the three major cities rose by 3.9%, which was higher than the 3.3% increase in 2016. Last year, the average price of commercial land in the country rose by 1.9%, and residential land prices rose by 0.3%. However, the price of residential land in the local metropolitan area dropped by 0.1%, which was lower than the 0.4% in the previous year. The price of land in the four major regional centers—Fukuoka, Hiroshima, Sendai, and Sapporo—leads up. After rising by an average of 6.9% in 2016, it rose by 7.9% in 2017. Since Tokyo will host the Summer Olympics in 2020, Japan’s goal is to receive 40 million foreign tourists during the year, and developers are therefore actively developing hotels in the country. The number of foreign tourists visiting Japan last year increased by 19.3% to a record high of 28.7 million.