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2024 Wrapped: The STRz stories that defined a year
Reading Time: 6 minutesWorldwide: Inspired by Spotify’s Wrapped series, we revisit the ten stories in 2024 that defined a year for short-term rentals, as well as our favourite video, podcast and webinar from the last 12 months.
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.
AvantStay undergoes third layoffs round in 12 months
Reading Time: < 1 minuteUS: Los Angeles-based premier next-generation hospitality platform AvantStay has cut a further 37 jobs, equating to 10 per cent of its overall workforce, representing the company’s third round of redundancies in the last 12 months.
AvantStay cuts 22 per cent of workforce in latest round of redundancies
Reading Time: 3 minutesUS: Los Angeles-based premier next-generation hospitality platform AvantStay has announced a further round of job cuts, reducing its workforce by 144 people [22 per cent of its overall team].
AvantStay appoints Jain as CFO to bolster senior team
Reading Time: 2 minutesUS: Los Angeles-based premier next-generation hospitality platform AvantStay has appointed Ankur Jain as its new chief financial officer [CFO], as it continues to bolster its senior team.
Former Invitation Homes CEO Tuomi joins AvantStay’s board
Reading Time: 2 minutesUS: Los Angeles-based premier next-generation hospitality platform AvantStay has announced that Fred Tuomi, the former CEO of Invitation Homes, has joined its board.
AvantStay announces “job reductions” in company reorganisation
Reading Time: 2 minutesUS: Los Angeles-based premier next-generation hospitality platform AvantStay has confirmed a round of redundancies as part of a “gradual reorganisation” of the company.
AvantStay closes $500m PropCo funding round
Reading Time: 3 minutesUS: California-based operator AvantStay has closed a $500 million PropCo funding round led by real estate advisory and asset management firm, Saluda Grade.
AvantStay raises $160m in Series B funding round
Reading Time: 2 minutesUS: Premier next-generation hospitality platform AvantStay has announced that it has closed a $160 million Series B funding round. The round was co-led by private investment firm Tarsadia Investments and multi-stage global growth equity firm 3L Capital. Existing investors Bullpen Capital and Convivaialite also participated in the raise. Joining them are a new group of […]
AvantStay creates in-house brokerage division
Reading Time: 2 minutesUS: Premier next-generation hospitality platform AvantStay has announced the creation of its in-house brokerage division. With many of the company’s existing clients and homeowners requesting to buy income producing homes, AvantStay will handle the sourcing, onboarding, design, property management and guest experience all under one platform. By bundling sourcing, buying and managing, it is providing access […]