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Ireland rolls back proposed cap on short-term rentals
Reading Time: 2 minutesIreland: Minister for Tourism Peter Burke has decided to increase the limit for regulations on short-term rentals from municipalities with populations of 10,000 or more to 20,000. Prior to this change, more than 60 towns and cities would have been affected; now the number is 39. Additionally, more than 50 per cent of STRs in […]
Cupples to step down from Airbnb GM role
Reading Time: < 1 minuteUK: Amanda Cupples, the general manager for UK and Northern Europe at Airbnb, is stepping down from the role after four years next week.
Airbnb’s Irish unit allocates €950m to settling tax investigations
Reading Time: 2 minutesIreland: Airbnb’s Irish unit has allocated €950 million [$1.002 billion / £794 million] to complying with tax investigations in the countries in which the company and its subsidiaries operate.
ISCF chair welcomes signing of EU data-sharing regulation
Reading Time: 3 minutesEurope: The Irish Self-Catering Federation [ISCF], the largest representative body for self-catering properties in Ireland, has welcomed the signing of the EU’s regulation on short-term rental data collection and sharing in Brussels as having “positive, long-term consequences for the sector”.
Joivy grows UK team to support expansion plans
Reading Time: 2 minutesUK: Joivy, described as “Europe’s first platform to combine residential solutions with services for property owners and investors, has announced that William Parry has become its general manager for UK and Ireland with immediate effect.
Brookfield reportedly scraps £4bn-plus Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
Storied Collection opens three historic properties to public
Reading Time: 2 minutesUK & Ireland: Storied Collection, a collection of historic castles and estates across the UK and Ireland, has added three new historic properties to its portfolio and made them open to the public for accommodation for the first time.
Brookfield ponders consortium to conclude Center Parcs sale
Reading Time: 2 minutesUK: Canadian private equity firm Brookfield, which owns Center Parcs, is believed to be trying to build a consortium from the remaining bidders to secure a sale of the holiday resort chain following a lengthy offer and negotiation process.
Race to acquire Center Parcs heats up before offer deadline
Reading Time: 2 minutesUK / Ireland: The race to acquire holiday village chain Center Parcs and its UK & Ireland sites is heating up as new bidders prepare to submit indicative offers ahead of an initial deadline on Tuesday [20 June].
CVC set to enter bidding to acquire Center Parcs
Reading Time: < 1 minuteUK: Private equity firm CVC Capital Partners is set to enter the bidding to buy holiday village company Center Parcs and its UK & Ireland sites, less than a month after the business was put up for sale by Canadian private equity group Brookfield for a figure between £4 billion and £5 billion.