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The Guild acquires CREA Management to expand urban portfolio

Guild

Reading Time: 2 minutesUS: Tech-enabled upscale apartment startup The Guild has announced the acquisition of CREA Management, the property management division of multifamily developer Cypress Real Estate Advisors. The acquisition adds more than 5000 units to The Guild’s portfolio and pipeline, driven by the company’s desire to create an innovative, turnkey platform for living that can host all lengths and types […]

Marriott launches home rentals and hotels booking offer

Marriott

Reading Time: 2 minutesUS / UK: Marriott has introduced a pilot offer whereby guests booking rentals on Homes & Villas by Marriott International [HVMI] can also experience amenities at nearby Marriott Bonvoy hotels. The offer will only be available across three destinations – Monterey, California, USA; London, UK; and Punta Mita, Mexico. It will run from 4 October […]

Vrbo adds hotel inventory to meet travel demand

Vrbo

Reading Time: < 1 minuteUS: Expedia Group vacation rental brand Vrbo has added several hotels to its site as travel demand increases. The platform has produced listings for IHG’s Holiday Inn Express and Staybridge Suites brands; Wyndham’s La Quinta Inn & Suites, AmericInn and Super 8 brands; Magnuson Grand and Hyatt Place properties, as well as Extended Stay America […]

Google announces combined rental / hotel search product

Google

Reading Time: 2 minutesWorldwide: Google has announced a combined hotel and vacation rental search product at its Marketing Live online event last week, in a further acknowledgment of the blurring lines between the two lodging segments. With the search engine revealing that searches for ‘beach rentals’ and ‘staycations’ had grown by more than 100 per cent globally over […]

Operto releases hospitality tech trends whitepaper

whitepaper

Reading Time: 2 minutesCanada: Operto Guest Technologies, a provider of smart devices and connected technology for the global hotel, vacation and short-term rental industries, has surveyed more than 200 hospitality providers for a new whitepaper on The State of Tech-Enabled Stays from 2021-2023. The report highlights five clear trends shaping hospitality technology: 86 per cent of hoteliers and […]

Hotels expected to incorporate short-term rentals

[Credit: Ciudad Maderas on Unsplash]

Reading Time: 2 minutesIsrael: A survey commissioned by Guesty reveals that 60 per cent of respondents believe that hotels will begin to incorporate alternative accommodation options, with a full recovery of travel predicted in 2022. The survey, comprised of 523 property management companies, hosts, investors, tech providers, and members of the hospitality ecosystem, shares insights on travel recovery […]

STAA signs partnership deal with STR

STR

Reading Time: 2 minutesUK: The UK Short Term Accommodation Association [STAA] has announced a new partnership with global research house STR to launch a unique tracking study that will measure the performance of serviced apartments, short-term rental accommodations and hotels, starting with a pilot in London this month. STR provides premium data benchmarking, analytics and marketplace insights for global […]

AirDNA and STR report: Rentals weathering pandemic better than hotels

hotels

Reading Time: 2 minutesWorldwide: Short-term rentals are weathering the pandemic better than hotels in 27 markets, according to a joint report by leading accommodation data providers, STR and AirDNA, which compared the impact of the coronavirus crisis on hotels and short-term rentals from January 2019 through to 27 June 2020. The report found that while both accommodation types […]

English hospitality sector reopening expected for 4 July

hospitality

Reading Time: 2 minutesUK: UK Prime Minister Boris Johnson is reportedly set to announce this week that hospitality venues, such as bed and breakfasts and hotels, will be able to reopen their doors in England as expected on 4 July, along with pubs, restaurants and hairdressers. Although a final decision has not been made, it is understood officials are […]

70 per cent of OYO hotels in China have reopened

per cent

Reading Time: 2 minutesChina: OYO is seeing a small revitalisation of demand for travel, as 70 per cent of its Chinese hotels have reopened. The company also reported to Business Insider India that it has seen a slow rise in bookings since. China makes up the second largest global market for OYO after their home country of India. […]