According to the latest data from the Japan National Tourism Organization, the total number of tourists visiting Japan in May this year reached 3.041 million, breaking the 3 million mark for three consecutive months, an increase of 9.6% compared with the same period in 2019, reflecting the strong recovery of Japan's tourism industry.
The recovery of Japan's tourism industry has directly led to a surge in demand for homestays, which in turn has set off a wave of homestay investment.
Faced with the homestay investment opportunities brought about by the recovery of Japan's tourism industry, many investors are eager to try. At this time, we need to understand the types of Japanese homestays and their operating advantages.
01
Types of Japanese homestays
Currently, there are three forms of legal homestays in Japan: homestays certified under the "Residential Accommodation Business Law", special zone homestays certified under the "National Strategic Special Zone Law", and simple lodgings certified under the "Tourism Industry Law".
Homestays
Obtaining homestay certification under the "Residential Accommodation Business Law" means that residents use their own homes (such as detached houses, apartments, etc.) to operate as a sideline to increase income.
Its application process is relatively simple and the approval time is relatively short, usually completed in about a month. However, the annual operating days of B&Bs are limited to 180 days, which may have a certain impact on overall revenue.
Special Zone B&Bs
In the national strategic special areas designated by the Japanese government, some provisions of the "Hotel Industry Law" have been relaxed for B&B operations.
The highlight of this type of B&B is that there is no limit on the number of operating days, and the license application process is simplified, making operations more convenient. However, it should be noted that special zone B&Bs often have requirements for the length of a single stay, usually three days or more, and do not accept single-day stay reservations.
Simple B&Bs
Simple B&Bs are established in accordance with the "Hotel Industry Law" and provide shared accommodation for multiple people. The advantage is that there is no limit on the number of operating days, high flexibility, and help to increase overall revenue.
However, this type of B&B must meet strict facility conditions, the cost is relatively high, and the review cycle is long, generally about half a year.
02
Operating B&Bs in Japan
What are the advantages
Accommodation is the cornerstone of tourism. As the Japanese exchange rate continues to fall, the number of tourists to Japan is expected to continue to rise, providing a steady stream of customers for B&Bs.
At the same time, due to its flexibility and market demand, the actual rental return rate of Japanese B&Bs is between 5% and 6%, which is much higher than that in China.
It is worth mentioning that by investing in and operating Japanese B&B projects, investors are also eligible to apply for a business management visa, thereby achieving the goal of settling in Japan.
The Japanese B&B industry is thriving. If you have investment intentions or want to move to Japan, please contact Xingyunhai International. We will provide you with tailor-made exclusive services.
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