Japan's home-sharing landscape takes shape with new law
Clarified rules bring in new entrants while others seek more profitable options
Corporate operators have prepared to enter the home-sharing market as the rules governing the industry gain clarity.
TOKYO -- Japan's long-anticipated home-sharing act went into effect on Friday, creating new business opportunities and headaches for operators.
In addition to a 180-day annual cap for renting out rooms, the new law requires hosts to confirm the identity of their guests and maintain a guest registry.
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