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Short Stay Vacation Homes raises $1.96m for Dubai expansion

Short Stay

Reading Time: 2 minutesDubai: Dubai-based property management company Short Stay Vacation Homes has raised Dh7.2 million [$1.96 million] to fund its expansion plans in the Emirati city. The funding round, which was led by Kinshasa-based private investment firm SK Group, will enable Short Stay to accelerate its domestic expansion plans through unit acquisitions. The company is aiming to scale up […]

ENVI Lodges to launch at AHIC

ENVI

Reading Time: 2 minutesDubai: Luxury experiential lodge brand and hospitality management company, ENVI Lodges, which aims to transform the hospitality industry in the Middle East, is set to launch next week.  ENVI, which will officially launch at AHIC – Arabian & African Hospitality Investment Conference [20-22 September, Madinat Jumeirah, Dubai, UAE], has been created with sustainability at its core, […]

Sonder to expand Middle East presence

Sonder

Reading Time: 2 minutesUS: Next-generation hospitality company Sonder is expanding its presence in the Middle East by adding two additional buildings to its growing portfolio in Dubai, United Arab Emirates.   Through an agreement with Al Fattan Properties LLC, Sonder will manage and operate two of the three Al Fattan Towers in Downtown, with views on Burj Khalifa, to be operated […]

One Perfect Stay seeks expansion in Asia and Europe

One Perfect Stay

Reading Time: 2 minutesDubai: To mark the fifth anniversary since its launch, luxury short-term rental property management company One Perfect Stay has announced plans to expand its operations in the Middle East and Europe. The company has outlined its strategy to set up operations in Abu Dhabi and Ras al Khaimah in the United Arab Emirates [UAE], Riyadh in Saudi […]

Successfully navigating a Covid-19 response in the vacation rental sector

vacation

Reading Time: 3 minutesDubai: Paul Mallee and Rami Shamaa, co-founders and managing directors at Dubai-based vacation rental property management company Maison Privee, delves into the lessons for navigating the Covid-19 pandemic and searching for pivot points to open up new opportunities to meet shifts in demand. As Covid-19 struck, many vacation rental companies saw their core markets evaporate overnight. […]

Sultan bin Ali Al Owais Real Estate opens short-term rental division

Owais

Reading Time: 2 minutesUAE: Emirati developer and real estate asset manager Sultan bin Ali Al Owais have announced a short-term rental division. This is coming in advance of Dubai’s Expo 2020, which has driven significant hospitality development over the past year. The company, which has previously focused exclusively on the long-term rental market and manages a portfolio of […]

Samana set to launch rental business in Dubai

Samana

Reading Time: 2 minutesDubai: Dubai-based real estate developer Samana Developers is reportedly planning to start two new residential projects in the emirate and venture into short-term rentals business, according to a report in Zawya. The firm currently has two projects under construction, the 122-unit Samana Greens and the 205-unit Samana Hills, and was recently handed the contract for […]

Maison Privee announces holiday home partnership with Archipelago

Archipelago

Reading Time: 2 minutesDubai: Property management company Maison Privee has inked a partnership deal with Southeast Asia’s largest private hotel group, Archipelago international. The partnership will see Archipelago enter the luxury holiday rental market in Dubai, operating the Maison Privee powered by Aston brand. This will, in turn, give Maison Privee access to the infrastructure and scaling expertise […]

Gallery Suites offers to buy OYO’s home division

Gallery Suites

Reading Time: 2 minutesUAE: The Dubai-based short-term rental company Gallery Suites has reached out to purchase start-up OYO’s home division. This is in the face of OYO having to scale back growth in light of major shifts in the market. Gallery Suites is owned by Dubai based investor IBC Group, which focuses on art, property and real estate […]