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Sykes releases Holiday Letting Outlook Report 2022
Reading Time: 4 minutesUK: Sykes Holiday Cottages has released the Holiday Letting Outlook Report 2022 to drill into the long-term investment potential of holiday letting across the UK.
MSPs approve short-term let licensing scheme in Scotland
Reading Time: 3 minutesMSPs have approved plans to introduce a licensing scheme for short-term lets in Scotland.
Travel Chapter set to file for IPO by November
Reading Time: 3 minutesUK: Devon-based holiday letting agency Travel Chapter has signalled its intention to file for an initial public offering [IPO] on AIM, a market operated by the London Stock Exchange. It comes two months after the company, the third largest holiday rental agency in the UK by size of property portfolio, was first revealed to be exploring the possibility of going public. […]
Most desirable UK holiday let features revealed
Reading Time: 3 minutesUK: Researchers at cottage rental agency My Favourite Cottages have examined Google search data to find out which holiday let features are the most desirable, as UK travellers seek to make the most of the heatwave and ‘Freedom Day’ to get away. Despite plans for international travel to open up again, and with those double vaccinated more likely to be able to go […]
Holiday lets and second homes face scrutiny in Wales
Reading Time: 2 minutesWales: The Welsh Government is set to launch a clampdown on holiday lets and second homes this summer, over concerns about housing affordability and availability concerns. The Labour-led administration has pledged to introduce a pilot scheme within the next two months that will trial a registration scheme for all holiday and self-catered accommodation and a […]
Sykes launches British holiday let competition
Reading Time: 2 minutesUK: British holiday home owners could be in with a chance of winning £10,000 as part of a nationwide search for Britain’s Best Holiday Let, launched by independent holiday cottage rental agency Sykes Holiday Cottages. Sykes is calling on property owners to come forward this summer and showcase their holiday homes – whether it be […]
UK holiday let prices skyrocket with staycation demand
Reading Time: 2 minutesUK: Research from “consumer champion” brand Which? shows that holiday let prices have increased by as much as 140 per cent in certain UK seaside destinations compared to the same time a year ago. While so-called celebratory “vaxications” are on the rise among travellers itching to spend their saved-up money on travel, there is, on […]
The Cumberland: Preparing for a reimagined Spring
Reading Time: 5 minutesUK: For over two decades, The Cumberland has been offering specialist lending to the hospitality sector, and ten years ago, became one of the first building societies to operate within the burgeoning holiday let market. Here, Grant Seaton, senior business lending manager at The Cumberland, discusses how the holiday let sector can prepare for a […]
Channel 4 commissions holiday home makeover show
Reading Time: < 1 minuteUK: Channel 4 has commissioned production company IWC to produce a new show centring on holiday homes. Hire My Home will follow a pair of interior designers as they renovate and revitalise rentals across the UK. Jo Street, head of daytime production for Channel 4 and head of Hub Glasgow, commissioned the series, which will […]
Short-term let firms accuse insurers of holding back payouts
Reading Time: 2 minutesUK: Many small businesses have accused their insurers of holding back payments for financial losses due to coronavirus. Hospitality businesses, alongside The City Watchdog and the Financial Court Authority, claim insurance firms have used government coronavirus grants as an excuse to reduce payouts. According to The Telegraph, small firms have received communication saying that their […]