Is there a risk of shortage of temporary accommodation in Tokyo?
March 22, 2016
Recently the Japanese government is under pressure both from the hotel industry as well as a populations concerned with the increase of foreigners in their neighborhoods, to implement stricter guidelines for home sharing -- called minpaku in Japanese.
A Bloomberg article discussed how this may potentially affect the growing Airbnb market in Japan, At Crown, we see this as a potential concern for millennials & relocating families who may use this option as temporary accommodation during preview trips as well as prior to their permanent housing being ready.
With the upcoming Rugby World Cup and Olympics, in addition to the general increase in the number of tourists in Japan, Dennis Muldowney, Country Manager of Crown in Japan, recommends its clients to start early if you are looking for this type of accommodation in Tokyo.
Read the full article here.