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FreewayCamper secures €4m in investment

FreewayCamper

Reading Time: < 1 minuteCzechia / Germany: German motorhome rental platform FreewayCamper has announced that it has raised €4 million in an investment round in two tranches.

Touch Stay acquired by Czech group itrinity

Touch Stay

Reading Time: 2 minutesUK / Czechia: Touch Stay, which creates digital guest welcome books for short-term vacation rentals, has been sold to itrinity, the portfolio company behind five existing software-as-a-service [SaaS] companies including UptimeRobot.com, GeoTargetly.com and Mangools.com, effective from 1 May 2024.

AirDNA: December puts bow on record year for European STRs

AirDNA

Reading Time: 2 minutesEurope: Short-term rental data provider AirDNA’s latest monthly review for the European market has been released, shedding light on the industry’s journey through 2023 and some promising trends as we step into 2024.

LUGGit raises €1.8m to drive expansion strategy

LUGGit

Reading Time: 2 minutesSpain / Portugal: Professional luggage management service company LUGGit has sealed a €1.8 million financing round with three investment funds focused on Portuguese companies.

STR legislation amendment expected in Czechia in 2025

Czechia

Reading Time: < 1 minuteCzechia: The Czech government is proposing new measures to regulate short-term rental booking platforms operating within the country in order to tackle disruptive activities and make the sector more professional.

Expedia lays off US and Czech staff in “targeted actions”

Expedia

Reading Time: 2 minutesUS / Worldwide: Expedia Group has laid off an undisclosed number of team members in the United States and abroad [including in Czechia], in departments including travel operations, support, IT, recruiting, marketing and B2B services.

2022 EU nights booked on online platforms top 2019

EU

Reading Time: 2 minutesEurope: In Q4 2022, guests spent around 97 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or TripAdvisor, according to Eurostat.

AirDNA: Supply in Europe reaches pre-pandemic levels

AirDNA

Reading Time: 2 minutesEurope: European short-term rental demand had a strong month in January, with 18.1 per cent more nights stayed than January 2022, and a huge 28 per cent more than in 2019, according to AirDNA.