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Calls for London Mayor to ban TfL short-term let adverts
Reading Time: 2 minutesUK: The Mayor of London is being asked to ban adverts on the Transport for London (TfL) network which appear to call on landlords to offer tourist lets only as opposed to homes for Londoners. The Residential Landlords Association (RLA) has put pressure on Sadiq Khan to remove the marketing campaign adverts, which were put […]
Hostmaker pulls “misguided” adverts after criticism
Reading Time: 2 minutesUK: After criticism for appearing to encourage landlords to let their properties to short-let visitors only, Hostmaker has brought down “misguided” rental adverts on the TfL network. The firm, which launched in 2016, manages London-based properties that are listed on to Airbnb and other lettings platforms, had faced mounting criticism after it was found to […]
City Relay to add second London Reception Space
Reading Time: < 1 minuteLondon: Short-term rental firm City Relay has announced it is planning to increase its London presence by opening its second ‘Reception Space’ concept next month. The lettings firm is to officially open the Reception Space on Goldhawk Road in Shepherd’s Bush in June as part of plans to expand its operations across the capital. The […]
Spotahome appoints Azcarraga as its latest CTO
Reading Time: 3 minutesLondon: Spotahome has announced the appointment of Amazon’s Angel Azcarraga as its chief technology officer. Azcarraga, who led and scaled the technology and product teams of the Amazon search customer experience in Seattle, is tasked with cultivating the tech infrastructure and engineering teams of the Madrid-based rental marketplace from its newly-launched London hub, in anticipation […]
Spotahome set to move headquarters from Madrid to London
Reading Time: 3 minutesUK: Spanish startup Spotahome has said it plans to open its headquarters in London in the next few months and it will unveil its management team in due course. The startup company, backed by Uber co-founder Travis Kalanick, is moving its headquarters from Madrid to London as it hopes to recruit a number of high-level […]
London and Edinburgh among top UK staycation destinations
Reading Time: < 1 minuteUK: HomeAway data shows that London, Edinburgh and St Ives were British holidaymakers’ favourite domestic staycation destinations in 2018. However, although the figures revealed showed that demand for locations in London went up by ten per cent compared to 2017, the average price paid per person per night dropped by eight per cent £60. Edinburgh […]
Lavanda platform to counter subletting breaches
Reading Time: 2 minutesBritain: Start-up Lavanda is to launch Europe’s first short-term rental platform for private rental sector tenants to solve tenancy breaches from subletting. Lavanda Residential, a service set up by the London-based property management company, is the result of a strategic partnership agreed with industry experts JLL and global asset manager Aberdeen Standard Investments. Both tenants […]
Spotahome and Hostmaker unite to help London landlords offer longer-term rentals
Reading Time: 2 minutesUK: Hybrid letting agent Spotahome and Airbnb management service Hostmaker have reportedly agreed a deal to help London landlords bypass the city’s maximum short-term rental laws. Airbnb now enforces a 90-night limit after councils in London introduced the restriction in late 2016. To help make renting their properties out on Airbnb viable, Spanish property tech […]
Airbnb hosts in London earned £23 million over festive period
Reading Time: 2 minutesLondon: Airbnb has announced Londoners earned £23 million renting out rooms through the home-sharing platform over the festive period. It said just over 100,000 people stayed in Airbnb properties between 22 December and 2 January, spending a collective total of £23 million, which is about £230 per person. Of the guest arrivals, 22 per cent […]
UnderTheDoormat raises close to £1 million for London homestay expansion project
Reading Time: 2 minutesLondon: Premium short-term rental platform UnderTheDoormat has announced it has successfully raised close to £1 million to focus on London expansion. The accommodation provider differentiates itself by only listing four and five star, fully-serviced properties for short term rent, which target customers who are willing to pay a premium. The total short stay market is […]