:
UK conferences and exhibitions to go ahead from 1 October
Reading Time: 2 minutesUK: Prime Minister Boris Johnson has confirmed that conferences and exhibitions will be permitted to go ahead from 1 October 2020. In an address from Downing Street today, Johnson said the final decision on conferences and exhibitions would depend on infection data and that local authorities would have powers to close events if there was […]
Airbnb ramps up 2020 IPO plans amid management reshuffle
Reading Time: 3 minutesUS: Airbnb has undergone another management reshuffle in preparation for the revival of its initial public offering [IPO] plans later this year. CEO and co-founder, Brian Chesky, this week confirmed in an internal meeting that Greg Greeley, head of Airbnb’s core rental accommodation business Homes, would be stepping down. In addition, head of Experiences, Catherine […]
UK firms expand holiday let mortgage programmes
Reading Time: 2 minutesUK: Multiple UK building societies have created new mortgage programmes designed specifically for the holiday home buy-to-let market. YBS, Teachers for Intermediaries and Leeds Building Society have all introduced mortgages designed to capitalise on UK holiday let market growth. These companies are taking advantage of a twin set of developments within the British economy. Firstly, […]
Miami Beach short-term rental closure gets underway
Reading Time: 2 minutesUS: As the state of Florida is hit by a second peak of the coronavirus, the closure of all short-term rentals in Miami Beach has got underway. The city put out an emergency order at 12:01am on Thursday, cancelling existing reservations and mandating properties stop accepting new guests. The policy is in keeping with the […]
Airbnb to host summer festival of Olympic / Paralympic virtual experiences
Reading Time: 2 minutesUS: With the 2020 Olympics postponed until next year at the earliest, Airbnb has partnered with the International Olympic Committee [IOC] and International Paralympic Committee [IPC] to offer a summer festival of virtual experiences. The experiences will be hosted by various athletes and will hope to recreate the spirit of the Olympics and Paralympics. The […]
How the rental sector can use AI to succeed in the ‘new normal’
Reading Time: 4 minutesWorldwide: Anshuman Singh, vice president and head of consulting [Europe] at information technology and outsourcing firm, Mindtree, addresses how companies in the short-term rental space can harness artificial intelligence [ AI ] to navigate the ‘new normal’ as countries emerge from their lockdowns. The Covid-19 pandemic has had an unprecedented impact across all industries, but […]