TOKYO—A new law that legalizes home-sharing in Japan was supposed to help Airbnb Inc. open the country up to more visitors. Instead,…
TOKYO—A new law that legalizes home-sharing in Japan was supposed to help Airbnb Inc. open the country up to more visitors. Instead, it has led to the loss of tens of thousands of listed offerings as well as canceled reservations and angry customers saying they may never use Airbnb or visit Japan again.
Under the law, which takes effect June 15, Airbnb hosts wanting to open their homes to paying guests need to acquire a license and comply with fire and other safety regulations.
