Airbnb to Boost Japan Listings, Its Fastest-Growing Market
- Guest numbers are up 529% this year from a year earlier
- The number of listings in Japan has gained 373% to 21,000
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Airbnb Inc. is seeking to increase its number of short-stay listings in Japan, its fastest-growing market.
The number of guests for its home rental service has surged 529 percent this year from a year ago, while listings are up 373 percent to 21,000. That has created a shortage of supply, Yasuyuki Tanabe, the country manager of Airbnb Japan, said in an interview. On top of regulatory issues Airbnb faces in the country, having enough supply is also a challenge, he said.