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Middle East war: what hospitality professionals need to know
Reading Time: 7 minutesThe IHM team examines effects on the hospitality industry as the US and Israel’s war with Iran disrupts the Middle East and draws capital elsewhere.
UAE holiday rental cancellations surge amid Middle East tensions
Reading Time: < 1 minuteUAE: Holiday rental cancellations in the United Arab Emirates more than doubled at the end of February as rising tensions in the Middle East disrupted travel across the region.
Middle East conflict: Travel and hospitality responds to geopolitical shocks
Reading Time: 4 minutesMiddle East: The escalation of geopolitical events across the Middle East has caused severe travel disruption. Local authorities and operators respond.
UL MEA 2024: Athul Mohan, PriceLabs
Reading Time: < 1 minuteDubai: STRz speaks to PriceLabs’ Athul Mohan at Urban Living MEA 2024 about revenue management challenges in the Dubai market, ‘shoulder season’ in terms of seasonality, and his overall impressions of the event.
Dubai proptech firm Prypco secures $10m in seed funding
Reading Time: < 1 minuteUAE: Dubai-based proptech firm Prypco has secured $10 million in a seed funding round.
Qstay closes $4.6m pre-Series A funding round
Reading Time: < 1 minuteUAE: Dubai-based tech-driven hospitality brand and rental investment property management platform, Qstay, has raised $4.6 million in a pre-Series A funding round.
SCALE Show 2024: One Perfect Stay founder Mahwussh Alam
Reading Time: < 1 minuteSpain: Mahwussh Alam, founder and CEO of One Perfect Stay, speaks to STRz at the recent SCALE Show in Barcelona.
Silkhaus closes “multi-million” pre-Series A round
Reading Time: 2 minutesUAE: Dubai-based short-term rental proptech Silkhaus has announced that it has closed a “multi-million” pre-Series A funding round.
Lokalee notches $5.6m in pre-Series A funding
Reading Time: < 1 minuteUAE: Lokalee, a B2B AI-powered travel content platform specifically developed for holiday homes and hotels, has raised $5.6 million in pre-Series A funding.
OYO to add 500 holiday homes to Dubai portfolio in 2024
Reading Time: 2 minutesUAE: Indian hospitality chain OYO is aiming to add 500 holiday homes to its portfolio in Dubai in 2024 in order to cater to growing demand for flexible-term accommodations from digital nomads.