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Breaking: Silicon Valley Bank collapse – what it means for the STR sector

Silicon Valley Bank

Reading Time: 6 minutesWorldwide: The governments and banking institutions in the United States and UK have stepped in to reassure people and businesses exposed to the collapse of Silicon Valley Bank [SVB] and its UK arm that their deposits are secure and resolutions will not put the taxpayer at risk.

Renters.pl secures €19m+ in private equity investment

Renters.pl

Reading Time: 2 minutesPoland: Warsaw-based short-term rental operator Renters.pl has secured PLN 90 million [€19.2 million] in investment from Polish Enterprise Fund VIII [PEF VIII], a private equity fund managed by Enterprise Investors.