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Airbnb acquires New York headquarters for $81.5 million

Airbnb

Reading Time: 2 minutesUS: Airbnb has acquired its first office building in New York City for $81.5 million, signalling a long-term commitment to one of its largest employee hubs despite ongoing regulatory disputes over short-term rentals.

Hospitable surpasses $1 million in cleaner payments

Reading Time: 2 minutesUS: Property management software provider Hospitable has processed more than $1 million in payments to cleaners and service providers through its platform, reflecting a broader shift towards short-term rental operators managing day-to-day operations within a single property management system (PMS).

Wimbledon drives 30% increase in London short-term rental demand

Reading Time: 2 minutesUK: According to luxury property management company Veeve Wimbledon generated a 30% increase in bookings for London short-term rentals during last year’s Championships, as international visitors continued to favour professionally managed homes over traditional hotels.