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Kiki Club launches subletting network in New York City
Reading Time: 2 minutesUS: Kiki Club [formerly EasyRent], an invite-only subletting platform that matches active listings with people looking for mid-term rentals, has launched in New York City.
Wander secures investment for Australia expansion
Reading Time: 2 minutesAustralia: Luxury off-grid pod accommodation startup Wander has secured an investment from former Airbnb country manager Sam McDonagh in order to expand its presence in regional and rural Australia.
Key Data becomes exclusive data partner of ASTRA
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.
Landmark STR levy to come into effect in Victoria from 2025
Reading Time: 3 minutesAustralia: The government in the southeastern Australian state of Victoria has announced a landmark 7.5 per cent levy on revenue collected by short-term rental accommodation providers, which will come into effect from 2025.
UPDATED: Regulations approved in principle in Melbourne
Reading Time: 2 minutesAustralia: The City of Melbourne has approved new regulations in principle for short-term rentals, including introducing registration fees of up to $350 a year and a mandatory 180-day renting cap.
G’Day Group announces Hassan as CTO
Reading Time: 2 minutesAustralia: Holiday park owner and operator, G’day Group, has announced the appointment of David Hassan as its new chief technology officer [CTO].
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.
MadeComfy raises $10m to accelerate expansion plans
Reading Time: 3 minutesAustralia: New South Wales-based short-term rental property management company MadeComfy has raised $10 million and appointed Simon Lehmann, the former co-founder and chairman of Vacasa Europe and board member of HomeAway, as its chair.
Boostly strengthens presence in Australia with PMS partnership
Reading Time: 2 minutesAustralia: Online hospitality training platform Boostly has partnered with connected hospitality management platform Newbook to empower vacation rental owners to attract guests without using online travel agents [OTAs].
Alloggio set for AU$60m acquisition by Next Capital
Reading Time: 2 minutesAustralia: New South Wales-based short-term rental operator Alloggio Group is set to be acquired by private equity firm Next Capital in a transaction worth around AU$60 million.