News
US: Property management company Rove has launched a property marketplace to buy, sell, and manage short-term rental properties more seamlessly, as well as to set a new standard for business travel and remote working.
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US: Miami-based short-term rental operator LuxUrban Hotels is reported to be the subject of multiple lawsuits in New York City over alleged lease violations and unpaid rent, which come to more than $1 million.
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UK: Prime Minister Rishi Sunak’s plans to house Channel migrants in disused holiday camps and empty university halls of residence have provoked a backlash from MPs across the political divide.
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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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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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UAE: Samana Group has launched a new business entity called ‘Samana Holidays’ that will allow homeowners and end users to rent out apartments on a short-term basis in Dubai.
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US: At Mine Hospitality, a Miami-based hotel management company, has raised $6 million from Enduring Ventures. Founded in January 2021
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Spain: Barcelona-based flexible rental startup Ukio has raised €27 million in Series A funding led by Felix Capital.
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US: Nocturne Luxury Villas and Gladstone Investment Corporation have announced an investment in Santa Barbara-based villa rental management company Paradise Retreats.
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US / LatAm: Furnished apartment rental company Blueground has entered into an agreement to acquire Brazilian proptech startup Tabas, marking the first acquisition in its near ten-year history.
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