NUMA purchases YAYS for undisclosed terms
Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
Read More
Europe
DoveVivo, ALTIDO and Chez Nestor unite under Joivy brand
UK: Joivy is the new brand name and identity given to the group that is composed of DoveVivo, ALTIDO and Chez Nestor.
Read More
EU lawmakers to rule on “light touch” rental regulations
Europe: EU countries and European Parliament lawmakers are due to rule on the introduction of “light touch” short-term rental regulations across the bloc this Wednesday [15 November].
Read More
AirDNA: Shoulder season sees boom for European STR market
Europe: The latest monthly review of the European short-term rental market published by data provider AirDNA has unveiled promising trends heading into the off-season.
Read More
Safely raises $8m to spur growth and European expansion
US: Atlanta-based insurtech and guest screening solution for the vacation and short-term rental market, Safely, has raised a further $8 million in funding.
Read More
EU legislation moves step closer after policymakers give green light
Europe: European policymakers have given the green light to proposals to regulate short-term rental platform activity across the bloc, while ensuring that the rules on hosting are simple to understand and implement and proportionate within EU law.
Read More
Key Data: US STR market sees 17 per cent revenue drop
US: The US short-term rental market saw a summer slowdown, experiencing a 17 per cent decline in RevPAR, according to analysis by short term rental data provider Key Data.
Read More
Goboony and Yescapa merge and raise €7m
Europe: Camper van and motorhome rental agencies, Yescapa and Goboony, have announced a merger and parallel fundraising of €7 million to grow their footprint in Europe and expand into new international markets.
Read More
AirDNA: Record July continues blockbuster summer in Europe
Europe: According to short-term rental data provider AirDNA’s latest monthly review, European short-term rentals saw their strongest July on record, with more than 50 million nights stayed, and average rates and occupancy up.
Read More
Booking.com set for expedited fee probe by watchdog in Hungary
Hungary: The Hungarian competition watchdog [GVH] is set to launch an expedited probe against Booking.com due to debts owned to hosts and other property owners in the country.
Read More