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Brisbane proposes rules to shift homes back to long-term market

Reading Time: 2 minutesAustralia: Brisbane City Council has proposed new planning rules that would require short-term rental property managers in certain residential zones to obtain development approval in order to continue operating. Under the proposal, properties located in low-density and low-to-medium residential areas would need approval from next year, alongside an annual permit. Permit fees have not yet […]

Airbnb research finds STR caps unlikely to improve long-term rental supply

Reading Time: < 1 minuteUS: New research from booking platform Airbnb indicates that placing caps on short-term rentals is unlikely to lead to a significant increase in long-term rental housing supply. The study, based on a survey of Australian hosts, found that 88 per cent said they would not convert their listings into long-term rentals, even if local governments […]

ParkBooker raises AU$600k in pre-seed funding

ParkBooker

Reading Time: < 1 minuteAustralia: ParkBooker, an independent online travel agent that is aiming to “make camping, holiday and caravan park bookings as easy to discover and book as hotels”, has raised $600,000 in an oversubscribed pre-seed round.

RMS appoints new CEO to drive global expansion

RMS

Reading Time: 2 minutesUK: Hospitality property management platform RMS has announced the appointment of Adam Seskis as CEO as the company looks ahead to its next chapter of global growth and innovation.