I think many (like us) are just waiting to register their properties after the new laws kick in on June 15. For those who truly want to run it as a profitable business, getting a ryokan or other hotel license just makes more sense. The upcoming new regulations for ryokan & hotel licenses will open up the possibility for more homes (in some areas) to qualify as such. Current laws have specifications on layout etc. that make it hard for some homes to register. I do wish the government had allowed us to apply for registration as a Ryokan under the new law before June 15 though...I have a feeling it's going to be crazy at the Health, Labor and Welfare Office next week. I also predict you'll see many more listings return to AIRBNB by next month.
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