Reading Time: 2 minutesIndia: Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660 million loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO].
Reading Time: 2 minutesUS: The American Space Agency NASA [The National Aeronautics and Space Administration] is said to be planning to build the first home on the moon that can be rented out to astronauts and civilians by 2040, according to The New York Times.
Reading Time: 3 minutesUK: In our seventh session focus feature ahead of the inaugural STRz Summit in London on Wednesday 18 October, we take stock of the fortunes in the outdoor lodging segment with ‘Redefining the outdoor lodging market, what’s next?’.
Reading Time: 2 minutesUS: Home-sharing behemoth Airbnb is targeting an expansion into the long-term rental market, ahead of what CEO Brian Chesky is calling “the biggest update ever” next month.
Reading Time: 2 minutesWorldwide: Three more short-term rental startups will step into the virtual Dragon’s Den / Shark Tank for the fourth ‘Pitch to Paul’ webinar to date on Tuesday 10 October [4pm BST].
Reading Time: 2 minutesCanada: Gen Z- and millennial-friendly online travel agency [OTA], Hopper, has laid off 30 per cent of its team [affecting 250 employees] in a bid to achieve profitability.
Reading Time: 3 minutesItaly: The Tuscan city of Florence has passed fresh legislation that will ban new short-term rental properties in the historic city centre from listing on platforms such as Airbnb.
Reading Time: 2 minutesUS: Vacation rental property management company Casago has revealed that it has more than doubled its territories across the United States and Mexico in the last two years.
Reading Time: 2 minutesAustralia: Short-term rental data provider Key Data has become the exclusive data partner of the Australian association for STR property managers.
Reading Time: < 1 minuteUS: Revenue management solution Beyond has announced its official integration with Airbnb.
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