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Forge Holiday Group to invest £150m in platform development
Reading Time: 2 minutesUK: Short stay specialist group Forge Holiday Group, the parent brand of Sykes Cottages and Forest Holidays, is set to invest more than £150 million developing its UK portfolio, technology platform, customer experiences and owner services over the next three years.
IMN STR Summer Forum 2024 takeaways
Reading Time: < 1 minuteUS: IHM CEO Piers Brown, Revedy CEO Colin Carvey and AvantStay CEO Sean Breuner discuss their takeaways from the IHM Short Term Rental Summer Forum in Austin, Texas.
TravelNet increases investment in Track PMS to spur innovation
Reading Time: 2 minutesUS: Vacation rental technology provider TravelNet Solutions has significantly increased the product and engineering resources committed to its core property management system Track – by three times.
Qstay closes $4.6m pre-Series A funding round
Reading Time: < 1 minuteUAE: Dubai-based tech-driven hospitality brand and rental investment property management platform, Qstay, has raised $4.6 million in a pre-Series A funding round.
Riding out a market correction: Buckle up or buckle down?
Reading Time: 4 minutes[SPONSORED CONTENT] Track – a TravelNet Solution, a hospitality software solution that modernises and simplifies all aspects of property management operations, discusses the current market correction phase in the STR market and the ways in which property managers and owners can respond to it.
matsuri technologies Inc notches $8.65m in Series D funding
Reading Time: 3 minutesJapan: Tokyo-based startup matsuri technologies Inc, which develops rental property management software to manage and operate private accommodation, has closed a Series D round, securing 1.34 billion yen [JPY] or $8.65 million.
RedAwning buys Awning.com to set new standards for STRs
Reading Time: 2 minutesUS: RedAwning, a marketing, distribution, reservations and hospitality platform for short-term rentals, has announced the acquisition of real estate investing company Awning.com.
Guesty secures $130m in Series F funding and targets IPO
Reading Time: 3 minutesIsrael / US: Property management software platform Guesty has announced that it has raised $130 million in a Series F funding round.
Smart Order receives fresh strategic investment
Reading Time: < 1 minuteChina: Dingdandao [ Smart Order ], known in China as DingDanLaiLe, an alternative accommodation PMS solution provider for short-term / vacation rentals, has announced that it has received fresh strategic investment.
Private equity firm buys stake in Simpson Travel
Reading Time: 2 minutesUK: Villa and boutique hotel specialist, Simpson Travel, has received private equity backing as Risk Capital Partners announced that it had bought an undisclosed stake in the company.