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PE firm backs $100m MBO of TrustedHousesitters
Reading Time: 2 minutesUK: Mayfair Equity Partners, a private equity firm with more than £2 billion in assets under management, is backing a management buyout [MBO] of TrustedHousesitters, a subscription-based pet-setting and travel community.
Canopy & Stars acquires Crown & Canopy
Reading Time: 2 minutesUK: The Sawday’s group of travel brands, comprising Sawday’s, Canopy & Stars and Paws & Stay, has announced the acquisition of glamping consultancy Crown & Canopy.
APPG calls for “national and mandatory” registration scheme
Reading Time: 2 minutesUK: A new report into short-term lets and the visitor economy by the All-Party Parliamentary Group [APPG] for Hospitality and Tourism has called for a “national and mandatory” registration scheme in England.
Entries period opens for 2024 Shortyz Awards
Reading Time: 2 minutesUK: The entries period for the 2024 Shortyz Awards – the leading dedicated awards ceremony for the global short-term / vacation rental sector – has officially opened.
Host & Stay buys Blue Fox Rentals in Canterbury
Reading Time: 2 minutesUK: Family-owned holiday let management company, Host & Stay, has acquired Blue Fox Rentals, a short-term let property management company based in Canterbury.
STAA highlights missed opportunity to solve housing crisis
Reading Time: 3 minutesUK: The ongoing missed opportunity to solve the housing crisis was laid bare today by new research, conducted by the UK Short Term Accommodation Association [STAA], that revealed councils have identified almost two million unbuilt homes that are ‘deliverable’ in England.
UK Chancellor extends business rate discounts for hospitality
Reading Time: 3 minutesUK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Airbnb partners with NatWest to boost hosts’ energy efficiency
Reading Time: 2 minutesUK: Airbnb is partnering with British bank NatWest and Energy Saving Trust to launch a new Sustainable Hosting Hub that will help hosts in the UK retrofit and improve the energy efficiency of their homes.
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.
STR platforms sign landmark data-sharing partnership with ONS
Reading Time: 2 minutesUK: The UK’s Office for National Statistics [ONS] will soon have access to independently published data on short-term lets listed on Airbnb, Booking.com, and Expedia Group, following a landmark data-sharing agreement between the platforms and ONS.