(FILES) This file photo taken on March 2, 2017 shows the logo of online lodging service Airbnb displayed on a computer screen in Paris. Airbnb raised more than a billion dollars in a fresh funding round that valued the home-sharing startup at $31 billion, a source close to the company told AFP on March 9, 2017. Airbnb added $448 million to the $555 million in funding it took in last year, according to a filing Thursday with the US Securities and Exchange Commission. / AFP PHOTO / Lionel BONAVENTURE
TOKYO: Airbnb Inc on June 6 announced a recovery in short-stay accommodation listings on its Japanese site, which plummeted after regulatory action last year, as the US firm bolstered numbers with traditional opponents like hotels.
Japan last June introduced a law that requires accommodation hosts to register with the government, capped home-sharing to 180 days a year and left decision-making up to local governments, some of which have imposed restrictive rules.
Limited time offer:
Just RM5 per month.
