• Airbnb Forced to Cancel Thousands of Listings in Japan

    4 monthes ago - By Fortune

    Japan has cracked down on home-sharing giant Airbnb, and thousands of guests are being affected.
    Last year, a new Japanese law came into effect that required Airbnb hosts to register their properties through the government and publicize their license number by June 15 in order to remain active on the platform. In a written statement by Airbnb released Friday morning, the company confirmed that thousands of hosts had already updated their listings with the necessary registration information, but “many more” were still in the process of finalizing their registrations.
    Many were shocked on...
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  • Japan just legalized Airbnb, but then tens of thousands of listings went dark

    4 monthes ago - By Fast Company

    Customers are angry about canceled reservations as a new law gets enforced. “We know this stinks,” says Airbnb.
    Japan is implementing a new law that would make Airbnb legal in the country. The rules, which going into effect on June 15, would require hosts to obtain a license in order to use the platform. With these new regulations, the Wall Street Journal reports that “it has led to the loss of tens of thousands of listed offerings as well as canceled reservations.” This is because the Japanese government announced that on June 1 every host without a license would have to void every...
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  • New Rental Law Forces Airbnb To Cancel Thousands Of Reservations In Japan

    New Rental Law Forces Airbnb To Cancel Thousands Of Reservations In Japan

    4 monthes ago - By Huffington Post

    The big change in Japan comes as cities worldwide try to regulate house-sharing.
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  • Airbnb creates $10M fund to cover cancelled reservations in Japan after regulatory shift

    4 monthes ago - By Tech Crunch

    Airbnb has been one of the breakthrough stories in the wave of shared-economy startups that have emerged out of Silicon Valley, with a valuation of $30 billion for its travellers platform that lets people book private homes as accommodations, as well as other services. But even so, it's not immune to the force of regulation and the impact it can have on its business.
    Airbnb has had to cancel a swathe of reservations in Japan , after a change in local laws required hosts to have specific licenses, but some have failed to get these ahead of the deadline set by regulators.
    It's not clear how...
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