Worldwide: Key Data has revealed a significant rise in the number of vacation rental reservations made in January 2023 compared to January 2022.
Author: Isha Borkar
US: The US short-term rental market rang in the new year with strong demand, with 19.8 per cent more nights stayed in December 2022, more than the 16.7 per cent year-over-year growth for November, according to AirDNA.
Europe: Short-term rentals in Europe ended 2022 on a high for strong demand, with 10.2 per cent more nights booked than in December 2019 and 47.4 per cent more than in 2021, and revenue up 38.5 per cent, according to AirDNA.
Worldwide: Internet safety website Get Safe Online has partnered with Airbnb to share guidance on how to protect oneself from holiday booking scams in 2023.
India: Luxury home developer Isprava Group has raised more than $19 million from investment firm Symphony International Holdings Ltd.