Japan’s New “Impact-Stay” Fund Backed by Airbnb: Meet the “Sumu 2nd-Generation Hotel Development Fund”
## What’s Up — Japan Locks in More “Live-Like-a-Local” Hotels Japan’s travel scene just got a shiny new pivot. On November 28, 2025, Japanese developer ADDReC (in partnership with other firms) announced the launch of a second investment fund for a hotel brand called **Sumu powered by Airbnb Partners**. This isn’t your run-of-the-mill hotel fund — it’s designed to tap into rising inbound tourism while pushing forward a vision of socially-impactful, community-rooted stays. ([プレスリリース・ニュースリリース配信シェアNo.1|PR TIMES][1]) The new fund is organized by Showa Lease (part of the SBI Shinsei Bank Group), marking the second time this fund structure has been used for Sumu properties. ([プレスリリース・ニュースリリース配信シェアNo.1|PR TIMES][1]) Essentially, the project marries Airbnb’s sharing-economy spirit with institutional investment — building a bridge between travel demand, design-forward hospitality, and sustainable real estate. --- ## Why Now? Japan’s Tourism Surge + Changing Traveler Needs * According...