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Housing secretary resigns over council tax payment shortfall on holiday home
Reading Time: 3 minutesUK: Housing secretary and deputy prime minister Angela Rayner has resigned over failing to pay enough stamp duty on a holiday home and breaking the ministerial code. She has also resigned as deputy leader of the Labour Party. Rayner referred herself to the independent ethics adviser Laurie Magnus after admitting to not paying enough stamp […]
UK deputy PM under fire over seaside apartment purchase
Reading Time: 2 minutesUK: Deputy prime minister Angela Rayner has purchased a £700,000 seaside apartment in Hove, which will her third home during her tenure in the role.
Landfolk buys Danitalia.com to expand into Italy
Reading Time: 2 minutesItaly: Danish premium holiday home rental platform Landfolk has purchased Danitalia.com to expand into Italy, representing the company’s first-ever acquisition.
Co-ownership platform August unveils Prime Collection
Reading Time: 2 minutesUK: Holiday home co-ownership platform August has announced the launch of its Prime Collection.
Landfolk raises €10.3m in Series A funding round
Reading Time: 2 minutesDenmark: Danish premium holiday home rental platform Landfolk has raised €10.3 million in a Series A funding round.
Warning issued to digital nomads over holiday home wifi
Reading Time: 2 minutesUK: ‘Digital nomads’ planning to work from sun-drenched paradises this summer have been warned to “plan ahead” to ensure good wifi for their working holidays, after a study revealed that a majority of travellers have struggled with slow connection speeds.
Lighthouse buys Stardekk to grow distribution opportunities
Reading Time: 2 minutesBelgium: Hospitality tech data firm Lighthouse [formerly OTA Insight] has announced that it has acquired Stardekk, a provider of channel management and distribution software for holiday homes, BnBs and independent hotels.
Software solution Elite Dynamics secures £5m in investment
Reading Time: 2 minutesUK: Elite Dynamics, a specialist management software solution for the holiday home, holiday park and marina industries, has secured £5 million in investment.
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.