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England sees 20 per cent jump in second homes “flipped” to holiday lets
Reading Time: < 1 minuteUK: Analysis of government figures by real estate advisers Altus Group has revealed the number of holiday homes trading as businesses has grown by more than a fifth since the start of the pandemic. More than 11,000 second homeowners in England have “flipped” their properties to become holiday lets. The data shows 67,578 homes classified […]
Qatar launches holiday home regulations ahead of World Cup
Reading Time: 2 minutesQatar: Qatar Tourism is set to introduce a complete licencing and classification process to regulate the operation of holiday homes owned by individuals. The new regulations outline the requirements for homeowners to apply for a licence, including quality standards, amenities, health and safety, accessibility criteria, code of conduct and environmental sustainability. Similar to the Qatar […]
H2O Hospitality raises US$30 million in funding round
Reading Time: < 1 minuteJapan: H2O Hospitality, a Japan-based vacation rental management firm, has raised US$30 million in a Series C funding round. The lead investor for the round was Kakao Investment, with other investors including Korea Development Bank, Gorilla Private Equity, InterVest, Nice Investment, and Kejora-InterVest Growth Fund. H2O Hospitality currently operates around 7,500 units in Tokyo, Bangkok, […]