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Rental occupancy rates surpass other accommodation in London
Reading Time: 3 minutesUK: Performance data up to the end of June 2021 from a study released by STR, the data intelligence and global benchmarking firm, shows that London’s short-term rental sector is continuing to perform better than other accommodation sectors. The tracking study, conducted in partnership with the UK Short Term Accommodation Association [STAA], is unique in […]
Microsoft in talks to invest in OYO ahead of IPO
Reading Time: 2 minutesIndia: Global tech corporation Microsoft is in advanced talks to invest strategically in hospitality chain OYO ahead of a proposed IPO for the Indian startup. It is believed that Microsoft would value OYO at around $9 billion, a valuation which has fluctuated between $10 billion and $3 billion over the last two years, and an agreement […]