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reAlpha agrees to purchase AI tech firm Naamche
Reading Time: 2 minutesUS: AI-powered real estate technology and investment company, reAlpha, has agreed to buy Naamche, a technology firm focused on developing AI-powered solutions for large industries, including real estate.
Hostaway unveils AI adoption trends report
Reading Time: 2 minutesCanada: Vacation rental property management software Hostaway has unveiled a trends report highlighting that operators with portfolios under ten properties are lagging behind their larger counterparts when it comes to AI adoption.
APPG calls for “national and mandatory” registration scheme
Reading Time: 2 minutesUK: A new report into short-term lets and the visitor economy by the All-Party Parliamentary Group [APPG] for Hospitality and Tourism has called for a “national and mandatory” registration scheme in England.
Pontins closes two UK parks with immediate effect
Reading Time: 2 minutesUK: British holiday park operator Pontins has closed two of its parks, in Prestatyn, Denbighshire in North Wales, and Camber Sands in East Sussex, “with immediate effect”.
C2G Advisors hires Burgess as VP of M&A
Reading Time: < 1 minuteUS: Short-term / vacation rental consulting firm C2G Advisors has announced the hiring of Dylan Burgess as its new VP of mergers and acquisitions [M&A].