A shopping tour is part of the Airbnb programme in Tokyo. Tomohiro Ohsumi / Bloomberg
A shopping tour is part of the Airbnb programme in Tokyo. Tomohiro Ohsumi / Bloomberg
A shopping tour is part of the Airbnb programme in Tokyo. Tomohiro Ohsumi / Bloomberg
A shopping tour is part of the Airbnb programme in Tokyo. Tomohiro Ohsumi / Bloomberg

Travel secrets: where you stay can be a holiday maker or breaker


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Most people will tell you that where you stay on vacation doesn’t matter, that it’s the city that counts. I’ve unlearned this in my travels, so much so that I’ll pick a city to visit based on the place I can stay. How you experience a city has absolutely everything to do with the place you inhabit, particularly when you travel solo and are left to your own devices. No matter where you venture, the spot you begin and end your day becomes your temporary residence, the framework for the people and places you encounter, the maker or breaker of a holiday.

Great hotel brands understand this, and so they offer a mix of a predictable sameness regardless of where you are with a twist of the local experience. Airbnb is an entirely different equation: absolutely no predictability – you take the chance when you book, based on what’s advertised and users’ reviews, that what you see is what you get – and if you luck out, you get a unique opportunity to live like a local (or, if you so choose, live with a local).

The key to Airbnb success involves discerning research, beyond just price and location. My rule is that the user reviews should be unanimous raves. Keep in mind that hosts are reviewed by guests who are in turn reviewed by their hosts, and so the mutual backscratching is irresistible. I usually amplify a guest’s slightest criticisms, and move on to something else more definitive. I also look for hosts who go out of their way to be distinct, such as providing special amenities or their own local guide to their city, because it’s a sign they view this as a passion project rather than an easy source of rental income. The latter is easy to spot because the reviews mention the host was represented by an agent or the home was lacking in what was promised.

Using this strategy, my Airbnb experiences have been happily more serendipitous than not: in Tuscany, I spent a blissful week with friends in the villa of a figurative painter, whose works, normally on show in London galleries, decorated the walls; and in Sedona, Arizona, my sister and I stayed at a “metaphysical B & B” that offered a sound healing circle with crystal bowls and a horse reiki session that began with a ceremony in a tepee.

But it was my last visit to Tokyo that brought home to me the very best of what’s possible with Airbnb. Initially, I was hesitant to stay in a stranger’s place alone; plus, in Japan, so much gets lost in translation that it helps to have hotel staff for assistance. The price of a week in a Tokyo hotel overrode my resistance. On Airbnb, I found a female “superhost” (Airbnb’s designation for someone with a track record of positive reviews), with a stylishly designed studio in Nihonbashi, whose lovely manner of communicating further dispelled my fears. Nobuko sent me directions in English and Japanese, for the benefit of the taxi driver, and was waiting to greet me. As she toured me around her flat, it was clear my stay would be distinctly Japanese: she gave me two sets of slippers, one for the bathroom and one for the rest of the place, along with Crocs for the balcony, and an amazingly useful portable wireless router to carry for free Wi-Fi everywhere. Her toilet had a small sink on top for washing your hands, which ran the tap water when it flushed, and the separate shower room had a heating fan for drying clothes.

Nobuko left me with maps marking her recommendations on where to eat and shop; some illustrated books on Japan, including the highly amusing Tokyo on Foot: Travels in the City's Most Colorful Neighbourhoods; and, for good measure, origami paper. After my friends arrived to welcome me, she said goodbye, but followed up the next day by WhatsApp saying: "I was happy to have seen you and your friend hug each other with glad voice."

Nobuko's place was so meticulously organised I felt as if I had spent my week inside the tidy mind of Marie Kondo (see The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing). Finding my way through Nihonbashi's pristine alleys, muddling through the grocery store and coming home to my new slipper ritual made me feel as if I had a new life in Japan, a world apart from my previous hotel stay in Tokyo.

However, it was a new Airbnb feature that was the cherry blossom on top of my time there. During the week, I spent three days on a tour during the beta test of its City Guides programme, in which local personalities, vetted by Airbnb, offer themselves up as tour guides, with specialised themes in areas such as fashion, food, fitness and art. (It’s now called Experiences and while at the time it was only for guests with Airbnb bookings, it’s now open to anyone, in select cities, who books through its app.)

In Tokyo, you can spend time in the instruction of sushi chefs and sumo wrestlers, kimono dressers and bonsai masters. I opted for a shopping tour with “pageant producer” Hiroyuki Ishizuka, aka Mr Makeover, who provides style advice in his favourite stores with a dash of Japanese culture as you wander the retail districts. With his photographer friends, Yasuhiro and Mikiko, in tow, we spent our first day browsing the posh shops and architecture of Omotesando, with stops at Comme des Garçons and Issey Miyake, and resting at Wall, a bar with a vertical garden hidden behind an unmarked door of the Costume National Aoyama Complex. The next day, despite a looming tsunami warning, we ventured out in Ginza, getting the VIP treatment at Gucci and Louis Vuitton (where Hiro was once Japan’s top salesperson); leafing through Japanese fabrics at the Mitsukoshi department store, which began selling kimonos in the 17th century; and ending at the 19th-century Kabukiza kabuki theatre. On our last day, we visited Takeshita Street and Laforet mall in Harajuku, the heartland of cosplay and kawaii (cute) culture. “Play is work, work is play, so very happy life,” says Hiro, by way of explanation.

While there was a language barrier, Mikiko was an able translator, and Hiro’s beaming smile of approval, when I tried on an outfit that worked, said it all for me. Each day, I woke up in Nobuko’s tiny, perfect home, excited to meet up with my new Japanese friends, and feeling found in translation.

mgannon@thenational.ae

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Russia's Muslim Heartlands

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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

The specs

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The specs

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Transmission: 8-speed dual-clutch automatic

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Price: expected to start at Dh1,432,000

Andor
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Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

RESULT

Esperance de Tunis 1 Guadalajara 1 
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”