Since the Japanese government passed a law that legalised private lodging in June 2018 for relieving a shortage of hotel rooms, this business, known in Japan as "minpaku," has grown with an inbound tourism boom. - Bloomberg
TOKYO (Xinhua): The number of private properties for vacation rental in Japan has declined as the Covid-19 pandemic significantly lowered the travel demand, dashing hopes for more foreign visitors during the Tokyo Olympics and Paralympics, local media reported Sunday (Aug 22).
According to data released by the Japan Tourism Agency, the number of vacation rental homes and apartments registered under Japan's law on private lodging business as of July 12 has decreased to 18,578 from a peak of 21,385 in April 2020.
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