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Zeus raises $15m, valuation drops by 50 per cent
Reading Time: 2 minutesUS: Corporate housing provider Zeus Living, which received financial backing from Airbnb in December, has raised $15 million in equity and debt at a value of roughly $110 million from backers including CEAS Investments I, Initialized Capital Management and Soros Fund Management. As the coronavirus crisis continues to decimate the short-term lodging and travel industries, […]
Airbnb postpones “creative” holiday cabins competition
Reading Time: 2 minutesWorldwide: Airbnb has postponed its recently-launched international competition to find the most “creative, unusual and unique” holiday rental cabins across the world. The company only announced the Unique Airbnb Fund project in March on the eve of the global lockdown due to the coronavirus, as it sought to discover ten teams who would design, deliver and […]