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Celtic Holiday Parks adds 54 holiday homes
Reading Time: 2 minutesUK: Celtic Holiday Parks in Pembrokeshire has announced that it will be constructing an additional 54 holiday homes across its three sites. The self-catered accommodation operator has acquired a six-figure loan from HSBC in order to fund the properties. Funding was secured as a part of the Coronavirus Business Interruption Loan Scheme [CBLIS]. Celtic Holiday […]
Airbnb and Bachcare targeted by NZ cancellation policy complaints
Reading Time: 2 minutesNew Zealand: Airbnb and New Zealand-based property management company Bachcare are the subject of a complaint from consumer protection organisation Consumer NZ due to the companies’ cancellation policies. The organisation is requesting court action on the policies, based on their “unfair terms”. Consumer NZ has identified Airbnb’s cancellation policies, which it claims favours hosts over […]
STR: Short-term rentals outperform hotels in three US markets
Reading Time: 2 minutesUS: Short-term rentals in three key US cities showed substantial month-to-month performance growth and posted higher occupancy than hotels in the market, according to October 2020 data from data benchmarking and analytics provider STR. Building on STR’s hotel performance database, Philadelphia, Nashville and Miami are the first three US markets where the company has expanded […]
Airbnb to consider integrating blockchain technology
Reading Time: 2 minutesUS: In its recent S-1 filing for an IPO, Airbnb declared an interest in a number of emerging technologies, including tokenisation, cryptocurrencies and blockchain. Previously, the company had not committed to adding bitcoin or other cryptocurrencies as a form of payment. The filing read: “Future success will … depend on our ability to adapt to […]