business

Airbnb says it will go public in 2020

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By DEE-ANN DURBIN

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Imagine if Japan could ease the accommodation issue for next years Olympics by utilising Airbnb. Oh wait.....

2 ( +2 / -0 )

As with all things Japan, it will be overpriced and underdeliver. Hotel rooms in Japan are tiny and way overpriced for no reason other than just to be overpriced. Doesn't matter if it's a big city or small town.

2 ( +2 / -0 )

I think they waited a bit too long. Hotels are slowly becoming more competitive, and in many places offer a lot more for the money, including better security and greater convenience.

And most homeowners don't want a lot of strangers moving in and out of the flat or house next door.

0 ( +0 / -0 )

So much for "sharing economy" ... all the way to the stock exchange.

@goldiehawned

Hotel rooms in Japan are tiny and way overpriced for no reason other than just to be overpriced.

Hotel rooms are smaller because the people are smaller.

Buildings more compact due to limitation of availability and land ownership patterns.

Then have you checked out the price of land and construction?

Examples; $264,465 sq/m in Tokyo versus, say, $3,700 in San Francisco (highest in USA) approx.

I'm wondering, however, which hotels you've been staying in. Perhaps they were just businessmen's hotels that are meant to be crashpads for salarymen who missed the last train?

0 ( +0 / -0 )

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