Panasonic to enter Japan's "minpaku" lodging business to pitch appliances

Panasonic Corp. will tap into the private home rental business to advertise its appliances to the increasing number of foreign tourists in Japan, sources close to the matter said Monday.Japan recently introduced regulations pertaining to "minpaku" accommodations in private houses and apartments, in an effort to address a shortage of hotel rooms ahead of the 2020 Tokyo Olympics and Paralympics.The electronics maker will expand its housing technology business, offering to design or build lodging facilities for landowners interested in entering the minpaku business. It aims to log 5 billion ye…READ FULL ARTICLE