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Edinburgh eases short-term letting rules during Festival period

Edinburgh

Reading Time: 3 minutesScotland: The City of Edinburgh Council has voted to change its licensing policy on short-term lets during its period of festivals this year in order to make it easier for visitors and performers to find accommodation as prices soar.

Vacasa considers higher takeover bid from current shareholder

Vacasa

Reading Time: 2 minutesUS: Vacation rental management platform Vacasa has received an unsolicited, non-binding proposal from global investment firm and existing shareholder, Davidson Kempner Capital Management LP, to acquire 100 per cent of the company at a price of $5.25 per share.