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Airbnb rumoured to be filing for IPO this month

Airbnb

Reading Time: 2 minutesUS: Airbnb is rumoured to be on the verge for filing for its initial public offering [IPO] later this month in an unexpectedly rapid development for the home-sharing behemoth.  According to The Wall Street Journal, the company is set to file the relevant paperwork with the Securities and Exchange Commission before the end of the […]

Editorial promotions at International Hospitality Media

editorial

Reading Time: < 1 minuteUK: International Hospitality Media [IHM], the publisher of ShortTermRentalz, has announced two promotions in its editorial department. Paul Stevens has been promoted from news editor to editor of the Short Term Rentalz website. Stevens joined the company as an intern before being promoted to reporter, news editor and, now, editor of the leading b2b website for the […]

Hospitality sector worst hit by Covid-19 as UK enters “largest” recession

recession

Reading Time: 4 minutesUK: Figures published today by the Office for National Statistics [ONS] have shown that the hospitality sector was hit worse than any other sector by the Covid-19 pandemic, which coincides with the UK falling into recession for the first time since the 2008 financial crash. Despite signs of a tentative economic recovery in June, when […]