Business Next Interview: Add.One’s New Brand WHO’s HOME Turns Nicole Hsiao’s Home into a Tokyo Stay—What Is This Business Really Selling?
WHO’s HOME uses three financial strategies. Max Lu says the business is already profitable.
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Stories worth reading about people, spaces, and cities.
WHO’s HOME uses three financial strategies. Max Lu says the business is already profitable.
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As the benefits of e-commerce growth fade, Max Lu is combining the KOL fan economy with Japanese real estate to create a new investment model—and reveal the next blue-ocean market for entrepreneurs, investors, and brands.
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An experienced news anchor, Nicole Hsiao has quietly woven her signature touches into the property. Her beloved pet, Yuzu, did not travel to Japan, but reminders of Yuzu appear throughout the house for fans to discover.
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Nicole’s Home is a detached, two-story property of 102 square meters, designed for small families and groups of friends or relatives renting the whole house. Guests can eat and chat together in the shared spaces while keeping their own undisturbed places to rest.
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Former news anchor Nicole Hsiao has opened a guesthouse in Tokyo, becoming its “most glamorous host.”
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Former news anchor Nicole Hsiao has entered Japan’s hospitality market, investing in and planning Nicole’s Home (YAHIRO), a detached Tokyo property now accepting reservations. It holds a Japanese Hotel Business Act license allowing year-round operation, taking her beyond overseas property ownership into hands-on hospitality. WHO’s HOME operates the property, and Nicole is both its celebrity representative and a principal investor. From the planning stage, the project sought a hotel license and combined real-estate assets, hospitality operations, and a personal brand to pursue long-term returns, rather than simply buying and renting out a home.
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Sitting inside Nicole’s Home, Nicole Hsiao introduces the mattresses she spared no expense shipping from Taiwan.
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Former news anchor Nicole Hsiao recently invested in the Tokyo hospitality property “Nicole's Home.”
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Trust is the scarcest resource: from the fan economy to hospitality assets, experience replaces price competition.
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