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Author: Paul Stevens

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Editor of Short Term Rentalz at International Hospitality Media
Alloggio

Next Capital agrees to buy Alloggio at downgraded valuation

Reading Time: < 1 minuteAustralia: Mid-market private equity firm Next Capital has reportedly agreed to acquire New South Wales-based short-term rental operator Alloggio Group at a downgraded valuation of AU$48.2 million [US$32.7 million] after cutting the offer price down by 20 per cent.

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AvantStay

AvantStay undergoes third layoffs round in 12 months

Reading Time: < 1 minuteUS: Los Angeles-based premier next-generation hospitality platform AvantStay has cut a further 37 jobs, equating to 10 per cent of its overall workforce, representing the company’s third round of redundancies in the last 12 months.

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Short Stay Week

2023 Short Stay Week: Tyann Marcink Hammond, Touch Stay

Reading Time: < 1 minuteUS: Tyann Marcink Hammond, queen of guest experience at Touch Stay, speaks to STRz at the 2023 Short Stay Week in Barcelona about the latest trends and innovation in guest experience, her reasons for attending the event and the knowledge she set out to impart on attendees.

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