ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

China's Tujia takes off for Japan amid room-rental boom

Listing site sees opportunity in tourism upsurge, lodging shortage

A room in Kyoto for rent on

TOKYO -- is jumping into Japan's market for short-term rentals as legal hurdles fall by the wayside, courting swelling ranks of tourists amid a shortage of conventional lodging.

The Chinese short-term rental site operator has set up a Tokyo-based subsidiary, capitalized at 5 million yen ($44,500). A website for the Japanese market will be up shortly. The plan is to list 5,000 Japanese properties by 2020. Property owners will be charged service fees equivalent to 3% of the cost of a stay, compared with a steep 12% in China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more