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The company plans to list 5,000 Japanese properties by 2020. Property owners will be charged service fees equivalent to 3% of the cost of a stay, compared with a steep 12% in China. Nikkei reported that new legislation in Japan to be submitted would legalize private room rentals for up to 180 nights per year. Tujia plans to set up a property management subsidiary in Japan to take advantage of the new legal clarity. Tujia has also teamed up with Loco Partners, the Tokyo-based operator of travel-booking site Relux. Beginning February 1, Tujia users can book rooms at the 700 high-end and traditional Japanese-style ryokan inns Loco works. Chinese travelers spent around JPY 1.48 trillion (USD 13.06 billion) in Japan in 2016, accounting for 39.4% of the country's total tourist revenues. |
