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OakNorth provides £8.3m loan to Ardent Group for luxury holiday lodges
Reading Time: < 1 minuteScotland: UK-based digital bank OakNorth has completed a £8.3m loan to Aberdeen-based property developer Ardent Group to support the development of new luxury holiday accommodation in Fife.
Arbio raises $36m Series A to build AI-native rental platform
Reading Time: < 1 minuteGermany: Berlin-based startup Arbio has raised $36 million in a Series A funding round led by Eurazeo, bringing the company’s total funding to more than $45 million. Other backers include OpenOcean, Atlantic Labs, and angel investors Philipp Freise and Justin Reizes (KKR), Johannes Reck and Tao Tao (GetYourGuide), and Din Bisevac (Buena). Arbio describes itself […]
Spanish PM Sánchez plans tax rises for holiday rentals
Reading Time: 3 minutesSpain: Spanish Prime Minister Pedro Sánchez has announced plans to raise taxes on holiday rentals in a bid to address soaring rents in cities across Spain, in line with a new European Union directive.
Barcelona STR ban explained: What happens next?
Reading Time: < 1 minuteSpain: STRz editor Paul Stevens explains the situation about the potential holiday rental ban in Barcelona, exploring both sides of the debate, and addressing what might come next for the city.
Amsterdam bans holiday rentals in city centre neighbourhoods
Reading Time: 2 minutesNetherlands: Amsterdam City Council is prohibiting the operations of holiday rentals in certain neighbourhoods within the old city and canal area, and has pledged to introduce permits for hosts to operate rentals in other parts of the city from 1 July. The ban, covering sections of the 1012 and 1017, has been implemented to reduce […]
Scottish homeowners paying off mortgages with holiday rental profits
Reading Time: 2 minutesUK: A recently-published study by HomeAway has shown how many Scottish homeowners are opting to rent out their homes to tourists as a way of making a profit and paying off their mortgages. The report claims that British homeowners could earn on average £15,150 a year by renting out their homes on a short-term basis […]
Figures show 37 per cent rise in rentals in the Balearics
Reading Time: < 1 minuteSpain: Ecologists for environmental organisation Terraferida have reported a 37 per cent increase in tourist accommodation places in the Balearics compared to four years ago. The figures, based on information from the tourism ministry, reveal that there are 158,000 more tourist accommodation places in the Balearics than there were in 2015. The number of places has […]
Madrid to adopt holiday rental regulations
Reading Time: 3 minutesMadrid: Madrid City Council has approved a plan to regulate holidays rentals that will shut down over 10,000 apartments for an indefinite period, which are currently used for short-term tourist stays. The latest regulations in the Spanish capital primarily stipulate that apartments used as holiday rentals inside residential buildings in the city centre must have […]