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Scottish homeowners paying off mortgages with holiday rental profits
Reading Time: 2 minutesUK: A recently-published study by HomeAway has shown how many Scottish homeowners are opting to rent out their homes to tourists as a way of making a profit and paying off their mortgages. The report claims that British homeowners could earn on average £15,150 a year by renting out their homes on a short-term basis […]
The Shortyz 2020: KeyNest’s Florian Hoven on celebrating industry success
Reading Time: < 1 minuteUK: KeyNest co-founder Florian Hoven speaks to ShortTermRentalz about his anticipation for the inaugural Shortyz Awards on 11 March 2020 and explains how the event will be beneficial in celebrating everyone’s successes in the short-term rental industry. For more information about the Shortyz, visit the event website here. For more information on KeyNest, visit the […]
Vacasa delves into travel trend predictions for 2020
Reading Time: 3 minutesUS: Property management company Vacasa has taken a deep dive into the travel trends from 2019 and compiled a list of data-driven predictions to watch in the year ahead. The predictions centre around Americans’ vacation preferences and the short-term rental industry at large. The first two predictions were based on a study that Vacasa conducted […]
WhyHotel raises $20m in Series B funding round
Reading Time: 2 minutesUS: Alternative accommodations provider WhyHotel, which specialises in both luxury short-term accommodations and now extended stay offerings, has raised $20 million in a Series B funding round led by Harbert Growth Partners. The Washington D.C.-based startup primarily operates pop-up hotels in newly built “luxury” apartment buildings that can be rented out. The round also saw […]
Santa Monica and Airbnb reach case settlement
Reading Time: < 1 minuteUS: The city of Santa Monica in California has settled a case with Airbnb whereby the short-term rental platform will collect money from renters for affordable housing in the city and remove illegal listings. In March, Airbnb challenged Santa Monica’s existing short-term rental ordinance, which rules that homeowners must be present on the property premises […]