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Urban Rest acquires The Urban Butler for NZ expansion
Reading Time: 2 minutesAustralia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from 1 May 2024.
ISCF chair welcomes signing of EU data-sharing regulation
Reading Time: 3 minutesEurope: The Irish Self-Catering Federation [ISCF], the largest representative body for self-catering properties in Ireland, has welcomed the signing of the EU’s regulation on short-term rental data collection and sharing in Brussels as having “positive, long-term consequences for the sector”.
Eurostat: 678.6m nights spent in STRs via OTAs in 2023
Reading Time: 2 minutesEurope: Guests spent 678.6 million nights in short-term rental accommodation in the European Union [EU] booked via Airbnb, Booking, Expedia Group or TripAdvisor in 2023, according to the EU’s statistical agency Eurostat.
Private equity firm buys stake in Simpson Travel
Reading Time: 2 minutesUK: Villa and boutique hotel specialist, Simpson Travel, has received private equity backing as Risk Capital Partners announced that it had bought an undisclosed stake in the company.
Borrow A Boat acquires German counterpart Zizoo
Reading Time: 2 minutesEurope: Boat rental and yacht charter marketplace, Borrow A Boat, has completed the acquisition of German counterpart Zizoo as it ramps up its growth strategy for 2024.
EU legislation moves closer as Parliament reaches data agreement
Reading Time: 3 minutesFrance / EU: EU regulation on data collection and sharing relating to short-term accommodation rental services has moved yet another step closer after the European Parliament approved an agreement reached in November with negotiators from member states.
NUMA Group expands into Denmark
Reading Time: 2 minutesDenmark: Digital hospitality platform NUMA Group has announced its expansion into Denmark through a partnership with global real estate investment manager Invesco Real Estate.
Motorhome rental platform Campiri to merge with FreewayCamper
Reading Time: 2 minutesCzechia: Czech motorhome rental platform Campiri has announced that it will merge with German counterpart FreewayCamper.
Airbnb reports defiant outlook in “inflection year” despite Q4 losses
Reading Time: 3 minutesUS: Airbnb has projected a defiant outlook for the year ahead which it views as an “inflection point” for the business, despite posting an unexpectedly high loss for the fourth quarter of 2023 in its latest earnings report.
Bob W completes €40m Series B funding round
Reading Time: 3 minutesFinland: Helsinki-based, tech-powered hospitality operator Bob W has announced the completion of a €40 million Series B funding round.