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Four Seasons unveils luxury resort and residence plans in UAE

Four Seasons

Reading Time: 2 minutesUAE / Worldwide: Luxury hospitality and branded residential company, Four Seasons, and Ras Al Khaimah-based real estate developer, RAK Properties, have unveiled plans for a new beach resort and private residences as part of a new flagship 400 hectare master-planned waterfront destination – Mina.

matsuri technologies Inc notches $8.65m in Series D funding

matsuri

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.

Asian vacation rental bookings surge 84 per cent in a year

Asian

Reading Time: 3 minutesAsia: Asian vacation rental bookings have shot up by 84 per cent on 2022 pacing levels, according to global travel media startup Trip101, which curates the best recommendations for short-term rentals and a host of other lodging verticals.

Rakuten plans global expansion for STAY rental business

Rakuten

Reading Time: 2 minutesJapan: Japanese e-commerce and technology conglomerate, Rakuten, is seeking to accelerate the international expansion of Rakuten STAY, its latest vacation rental model in which it will own, manage and operate its inventory.

Japan to explore relaxing ‘minpaku’ vacation rental rules

Japan

Reading Time: 2 minutesJapan: The Japanese government is considering relaxing the requirements for property management businesses operating ‘minpaku’ vacation rentals [i.e. private lodgings on platforms such as Airbnb] in a bid to galvanise regional tourism in the country.