TOKYO -- As Airbnb home-sharers in Japan quit the market in droves, following a new law that considerably increases red tape, their search for a smooth exit has brought a surge in new businesses.
One common option is to convert now-vacant properties into meeting rooms. Tokyo-based Spacee, which runs a booking site for conference rooms, has around 4,700 listings at present. The count has grown by roughly 10% month-over-month this year as the new regulations approached.
