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AvantStay secures debt facility from Pacific Western Bank
Reading Time: < 1 minuteUS: Technology-first hospitality brand AvantStay has announced that it has launched a partnership with Pacific Western Bank with the closing of a long-term debt facility. The capital will be used to support the company’s continued growth into new markets and increase the number of properties in its portfolio. AvantStay founder and CEO, Sean Breuner, said: […]
Airbnb leads online marketplace ranking
Reading Time: 2 minutesWorldwide: Andressen Horowitz’s Marketplace 100 list, a ranking of consumer-facing marketplaces, is full of tech-centred vacation companies. Leading the list is short-term rental leader Airbnb, with the company accounting for 38 per-cent of gross merchandise value of all polled companies. Other companies listed on the ranking include vacation rental management company Vacasa, who clocked in […]
Greek tax body sets February rental tax deadline
Reading Time: < 1 minuteGreece: As one of Europe’s largest holiday destinations, Greece is announcing new tax deadlines overseeing short-term lets. Operators have until the end of the week to declare properties being used as short-term rentals, with penalties costing from 5,000 to 30,000 euros. The government announced its intention to tighten measures against short-term rentals in Autumn, primarily […]