VRMA Administrator
The government of Japan is expected toy relax the requirements for management companies operating minpaku lodging businesses that rent properties to travelers, eliminating the requirement that their staff have practical experience or qualifications in the real estate business. The move is aimed at increasing the number of minpaku management companies and revitalizing the tourism industry in regional areas in anticipation of a recovery in domestic tourism. Management companies for minpaku private accommodations are concentrated in urban areas. According to the Japan Association of Vacation Rental, there were 2,993 such companies nationwide as of April 2022, with nearly 70 percent located in major cities.
Japan News (01/19/23)
