Le Collectionist secures €60m to accelerate acquisition strategy
France: Luxury holiday rental brand Le Collectionist has raised €60 million in a growth funding round to accelerate the expansion of the business through acquisitions.
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News
AltoVita closes $9.5m Series A investment round
UK: Global corporate accommodation platform AltoVita has announced that it has secured $9.5 million in an oversubscribed Series A investment round.
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Minut partners with Sykes Holiday Cottages to protect “thousands”
UK: Property monitoring company Minut has joined forces with holiday rental agency Sykes Holiday Cottages as it continues its mission to make short-term renting more sustainable.
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Alloggio buys A Perfect Stay in AU$11m transaction
Australia: New South Wales-based short-term rental property management company Alloggio has acquired 100 per cent of fellow operator A Perfect Stay in an AU$11 million transaction.
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Wander secures $100m debt facility to accelerate portfolio growth
US: Austin-based smart home rental platform Wander has secured $100 million in a debt facility from Credit Suisse.
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Airbnb debuts ‘Airbnb-friendly’ apartments with landlord partnerships
US: Airbnb has announced that it is introducing ‘Airbnb-friendly’ apartments, a listing service exclusively for assets that allow short-term rentals in the United States.
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Travala adds short-term rentals via Dtravel integration
Worldwide: Cryptocurrency-friendly online travel platform Travala.com has announced that it will enable travellers to book vacation rentals directly with hosts via an integration with web3 vacation rental platform Dtravel.
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limehome announces Portugal expansion plans
Germany / Portugal: Munich-based hospitality technology provider and apartment operator, limehome, is continuing its European expansion course with a contract signing in Portugal.
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UK STAA appoints Andy Fenner as CEO
UK: The UK Short Term Accommodation Association [STAA] has appointed Andy Fenner as its CEO.
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Breezeway announces WhatsApp integration and language translation
US: Property operations and service platform, Breezeway, is expanding its reach into several markets worldwide, catering to even more short-term rental property managers and service providers across the globe.
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