Abandoned Japanese temples are a great new tourism investment, start-up PlanetDao says

Quick Summary:

Company wants to turn a growing number of vacant temples and onsens into unique lodgings, with buy-in starting at 34,540 yen (US$217).

Should the government reject the registration, Nishimura said PlanetDao has stated in the investment contract that it will refund all the investors’ money.

This abandoned temple in Japan’s Wakayama prefecture will become a unique overnight attraction for tourists under start-up PlanetDao’s plans.

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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets: Hong KongGermanyJapanPhilippinesSingapore

Topics: Project Ryogonji Temples Investment Local Planetdao Temple Japan Abandoned Nishimura Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 11:29:14 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 924 words

Reading Time: 6 minutes read

Sentences: 36 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21664463

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