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AirDNA: Occupancy dips but optimism emerges for Q3 / Q4
Reading Time: 2 minutesUS: In its latest Monthly Review, short-term rental data and analytics provider, AirDNA, has reported that, for the first time since April 2021, demand for US short-term rentals came in below 2019 levels, at -0.9 per cent in August. The outlook for fall / autumn and winter remains optimistic, with short-term rental demand up 18 per cent […]
SoftBank and Lovato back June Homes in raising $50m in funding
Reading Time: 3 minutesUS: New York-based proptech startup June Homes has emerged from stealth and announced that it has raised $50 million in funding. The funding round was led by SoftBank Ventures Asia, with participation from TQ Ventures [Scooter Braun, Schuster Tanger, Andrew Marks], FJ Labs, K50, Reshape, Quiet Capital, and angel investors including Demi Lovato [musician and […]
Lifting of US – UK / EU travel ban due this November
Reading Time: 2 minutesUS / UK: President Joe Biden has confirmed that fully vaccinated UK and EU travellers will be allowed to travel to the US from November. The White House has confirmed that it will lift the 18 month ban on international travel, first introduced by Donald Trump at the start of the pandemic in March 2020. […]
Expedia Group unifies loyalty programmes into unique rewards platform
Reading Time: 2 minutesUS: Expedia Group has announced plans to unify and expand the respective loyalty programmes across its brands into one global rewards platform. Claiming to have more than 145 million members across its current and separate rewards programmes, Expedia Group says that its customers will be able to benefit from unique member pricing discounts and the […]
HomeToGo goes public on Frankfurt Stock Exchange
Reading Time: 2 minutesGermany: Alternative accommodation marketplace HomeToGo has announced that it has successfully completed its business combination with special purpose acquisition company [SPAC] Lakestar SPAC I and begun trading on the Frankfurt Stock Exchange under the ticker symbols “HTG” and “HTGW” respectively. As previously revealed, HomeToGo is going public in a €1.2 billion [$1.41 billion] transaction, and consequently, […]