Reading Time: 3 minutesUK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Reading Time: 2 minutesCanada: Lawmakers in Canada have agreed to impose new measures that limit income tax deductions on short-term rentals booked through platforms such as Airbnb and Vrbo, in a bid to ease the country’s affordable housing shortage.
Reading Time: 2 minutesSpain / Portugal: Professional luggage management service company LUGGit has sealed a €1.8 million financing round with three investment funds focused on Portuguese companies.
Reading Time: 2 minutesUK: Joivy is the new brand name and identity given to the group that is composed of DoveVivo, ALTIDO and Chez Nestor.
Reading Time: 2 minutesUS: sojo, which claims to be the vacation rental industry’s first automated amenity platform, has partnered with servicing company Well & Good Professional Services as its anchor client to introduce sojo REFILL.
Reading Time: 2 minutesUS: Airbnb has announced the appointment of Democrat politician and former White House chief of staff, Ron Klain, as its chief legal officer, effective as of 1 January 2024.
Reading Time: 2 minutesUK: Airbnb is partnering with British bank NatWest and Energy Saving Trust to launch a new Sustainable Hosting Hub that will help hosts in the UK retrofit and improve the energy efficiency of their homes.
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
Reading Time: 2 minutesSweden / UK: Property monitoring company Minut has unveiled Host Happy, an exclusive platform dedicated to delivering valuable insights, sustainability tips and compelling stories within the vacation rental industry.
Reading Time: 3 minutesEurope: The European Council and European Parliament have reached a provisional agreement on a draft regulation on data collection and sharing for short-term rental accommodation services across the European Union [EU], in a bid to “promote a balanced tourism ecosystem”.
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