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Iceland takes steps to regulate short-term rental market
Reading Time: 2 minutesIceland: Iceland is taking steps to further regulate its national short-term rental market after a new law was passed in Parliament this week.
Icelandic OTA Travelshift raises $10m in fresh funding
Reading Time: < 1 minuteIceland: Icelandic online travel agency [OTA] Travelshift, which specialises in providing technology-driven travel solutions, has announced a $10 million capital raise in fresh funding from existing shareholders.
Spectaflow closes €1.7m post-seed funding round
Reading Time: < 1 minuteIceland: Reykjavik-based operations management platform Spectaflow, which provides vacation rental and hotel operators with an integrated SaaS [software-as-a-service] solution, has announced that it has raised €1.7 million in post-seed funding. The round was led by venture capital investment firm Frumtak Ventures, with participation from existing investors, alongside the Icelandic New Business Venture Fund, Blue Lagoon founder […]
Sharp drop in Reykjavik apartments being listed on Airbnb
Reading Time: < 1 minuteIceland: There has been a significant drop in the number of apartments in the Icelandic capital of Reykjavik being listed on Airbnb, according to City of Reykjavik data. At the end of February this year, 3,852 apartments in the municipality of Reykjavík were registered on Airbnb but by the end of August, that number had […]