In its submission to the recent consultation on short term lets registration (for England), UKHospitality highlights that the introduction of a registration scheme for all short-term let properties would build a fairer, safer and more sustainable industry.
Graduate Hotels announced today the launch of Graduate Homes, a premium short-term rental offering with properties available to be booked in Oxford, Mississippi, and Ann Arbor, Michigan, for stays beginning in Fall 2022.
Efforts to collect occupancy taxes on Airbnb lodging listings, designed by public policy makers to regulate the homesharing market, have put individual hosts at a distinct disadvantage compared to commercial listings, rather than leveling the playing field as intended, new research shows.
HOTREC published a new report on Short-Term Rentals (STRs), looking back at how the regulatory debate emerged and evolved and providing a vision of how to address this complex phenomenon.
Casago has announced its acquisition of Mountain Valley Realty in Snowshoe, West Virginia. Effective July 1, 2022, Casago has acquired Mountain Valley Realty's vacation rental assets and operations.
The report, ’Best practices for short-term rentals’, developed by WTTC with the support of Airbnb draws from the experiences of cities around the world to offer easy-to-implement best practices for this type of accommodation, which has become a popular choice amongst travellers.
The economy has been quietly adding hundreds of thousands of new jobs, and AirDNA data shows that Short-Term Rentals demand and bookings are actually up over 2021.
Andes STR and WEG Capital announced a closing of WEG-Andes Fund I, their inaugural real estate private equity fund. With leverage, the fund plans to acquire $25 million in single family properties beginning this month.
The trade body has long been pushing for a Government review, and has informed the call for evidence via round tables and discussions with officials. UKHospitality will respond to the call for evidence in consultation with its Accommodation Group and other affected areas of its membership.
Homes & Villas by Marriott International, today announced its launch in Australia and New Zealand – marking the platform’s entrance into Asia Pacific. The expansion into these new markets adds over 350 premium and luxury homes to the platform.
The five core markets – United Kingdom, Germany, France, Italy and Spain – account for about 70% of the total European STR gross bookings. Recovery is expected to be the fastest in the U.K., exceeding pre-pandemic levels by the end of this year, while France will not see full recovery to 2019 levels before 2024.
The biggest changes include a new search based on category, the ability to book two listings in one flow for stays over a week and AirCover for guests, which is basically Airbnb-provided travel insurance.
Vrbo reports accelerated rush to book summer vacation homes
Like many mobile-first, on-demand service-based companies started in the early 2010s, HotelTonight saw similarities with two of the biggest disruptors in that category.
Airbnb and the Belize Tourism Board (BTB) have signed a MOU initiating a mutual collaboration between both organizations to drive sustainable tourism in Belize through home sharing.
Airbnb Ends 2021 with 25% Revenue Growth over 2019
It’s hard to believe that only two years ago short term rentals were widely considered the 'alternative' accommodation option - something a bit different for the more adventurous traveler looking for a more authentic travel experience perhaps?
As the company faces new challenges and recurring political battles, CEO and co-founder Brian Chesky says 2022 is 'back to our roots, back to the basics.'
Need a place to show your guests why they should pick your vacation rental over another? Social media platforms like Facebook are the ideal start.
An increasing number of companies have formalized a model that combines Airbnb booking arrangements with the basic structure of an average hotel—so-called 'Airbnb hotels.' Airbnb itself is building some of these hotels, while other companies manage buildings under this format, often using Airbnb to manage bookings.
Q2 2022 is looking even better, with booking pace 88% higher than 2021.
Alterative accommodation marketplace HomeToGo finished 2021 with record booking revenue of €123 million, up 51% compared to 2020, and an even sharper increase in the final quarter of 2021 – up 111% compared to the same period a year prior.
Alternative accommodation marketplace closes on acquisition of vacation rental business unit of Groupe SeLoger, including its brands amivac.com, vacances.com and vacances.seloger.com
Average earnings for U.S. short-term rentals grew to their highest ever in 2021, a full 35% higher than at the start of pandemic and even outpaced home prices, which have risen 24.8% over the same period. On average, a listing earned around 26.2% more revenue in 2021 compared to 2020.
Airbnb is reporting its strongest quarter ever in the third quarter of 2021, with revenue topping $2.2 billion – a 36% jump over the same pre-pandemic period in 2019.