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Alloggio looks to float on Australian Stock Exchange
Reading Time: < 1 minuteAustralia: Property manager Alloggio has closed a pre-IPO funding round, ahead of an intended float in late 2021. Alloggio – which is Italian for accommodation – is expected to be valued at around $50 million. Founded in 2015, the company sits between platforms like Airbnb and its property owner customers, handling payments, communication with guests […]
New South Wales to enforce five-year ban for party offenders
Reading Time: 2 minutesAustralia: New South Wales [NSW], Australia’s most populous state, has announced the implementation of a five-year ban for consistently unruly short-term rental hosts and guests. The state’s fair-trading watchdog will have the power to craft new regulations from 18 December and have committed to doing so during the Christmas season. Guests and hosts will now […]
What can the world learn from New Zealand and Australia’s Covid-19 responses?
Reading Time: 13 minutesBy Paul Stevens and Miles Hurley, news editor and reporter for ShortTermRentalz Australia / New Zealand: As countries around the world slowly begin to ease their collective lockdowns, one is left to wonder whether Australia and New Zealand hold the key for the rest of the world in responding to the coronavirus pandemic. Back in […]
SafeStay Australia partners with I-PRAC for $6m investment
Reading Time: 2 minutesAustralia: Australian short-term rental safety auditor SafeStay have announced a partnership with I-PRAC international. The two together will be investing $6m into the Australian short-term rental market in order to improve safety standards and bolster the sector’s legitimacy. SafeStay was founded by a trio of Australian experts who sought to improve safety standards in the industry […]
New South Wales minister clarifies short-term rental ‘ban’ stance
Reading Time: 2 minutesAustralia: Earlier this week, it was reported across Australia that a blanket ban on Airbnbs and all short-term rental accommodation would be coming into effect indefinitely in New South Wales, however a state minister has now moved to clarify the local government’s position on the matter. There was initial confusion after New South Wales minister […]
MadeComfy expands short-term rental service into Canberra
Reading Time: < 1 minuteAustralia: Short-term rental property management company and Airbnb partner, MadeComfy, is expanding into the capital by entering the rental market in Canberra. The firm, which operates in cities such as Sydney [where it is also headquartered], Melbourne, Brisbane, Gold Coast and Sunshine Coast, says it is expanding to the capital due to strong demand reflected in […]
Western Australia moves to regulate short-term lets
Reading Time: 2 minutesAustralia: The government of Western Australia recently received a list of ten suggestions for how to regulate short-term rentals. This follows a parliamentary inquiry on the sector, which produced a data report pertaining to the future of short-term lets. This inquiry recommended a flexible, low-cost, and user-friendly registration system for short-term rental providers with the […]
Airbnb to provide free housing for bushfire survivors
Reading Time: 2 minutesAustralia: Airbnb has stepped in to offer homes free of charge to those affected in New South Wales and Victoria following daily growth of the Australian bushfires. The company’s Open Homes initiative, started in response to Hurricane Sandy, is offering temporary relocation to those affected through a pair of online landing pages specific to the […]
Hometime raises $6.7m in second funding round this year
Reading Time: < 1 minuteAustralia: Sydney-based property management company Hometime has revealed it has raised $.6.7 million in addition to its recent $6 million funding round from May earlier this year. The company is also Airbnb’s leading property management partner in the APAC region. NAB Ventures participated in the round, and was backed by National Australia Bank. As well […]
Guesty expands footprint into Australia
Reading Time: 2 minutesIsrael: Short-term rental property management platform Guesty has announced it has expanded its footprint into Australia. The company’s launch Down Under will grow its presence to 11 hubs around the world, including in the United Kingdom, Europe, United States, Middle East and Australia. It also has an expansion strategy to venture further into the Asia-Pacific […]