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Airbnb plans NYE crackdown on parties
Reading Time: 2 minutesUK: Airbnb has announced that it is planning a crackdown on New Year’s Eve parties to protect hosts and minimise neighbourhood disruption around the world. The plan is underpinned by a ban on one-night NYE bookings in entire home listings for guests without a history of positive reviews. Airbnb first piloted the policies and restrictions […]
Travel Chapter set to file for IPO by November
Reading Time: 3 minutesUK: Devon-based holiday letting agency Travel Chapter has signalled its intention to file for an initial public offering [IPO] on AIM, a market operated by the London Stock Exchange. It comes two months after the company, the third largest holiday rental agency in the UK by size of property portfolio, was first revealed to be exploring the possibility of going public. […]
Borrow a Boat £750k crowdfunding campaign goes live
Reading Time: 2 minutesUK: Boat rental and yacht charter marketplace, Borrow a Boat, has gone live with its £750,000 crowdfunding campaign on investment crowdfunding platform Crowdcube, as it aims to go public via a potential, world-first initial public offering [IPO]. Dubbed the ‘Airbnb of boats’, Borrow a Boat has already received £488,648 of its target from 404 investors, […]
SFO probes suspect £150m leasehold investment schemes
Reading Time: 2 minutesUK: The Serious Fraud Office [ SFO ] has revealed that it is investigating two investment leasehold schemes in relation to suspected fraud and money laundering for holiday homes and student accommodation in the UK. It is alleged that the Alpha and Green Park group of companies misled investors into investing £150 million into leasehold […]
Airbnb offers “welcome bonus” for COP26 hosts in Glasgow
Reading Time: 3 minutesUK: Ahead of November’s United Nations Climate Change Conference, also known as COP26, Airbnb is offering a financial incentive to hosts in Glasgow to welcome guests and increase the accommodation capacity for the global event. It comes in response to concerns of a shortage of accommodation during COP26, with around 30,000 government representatives, media and […]
Lifting of US – UK / EU travel ban due this November
Reading Time: 2 minutesUS / UK: President Joe Biden has confirmed that fully vaccinated UK and EU travellers will be allowed to travel to the US from November. The White House has confirmed that it will lift the 18 month ban on international travel, first introduced by Donald Trump at the start of the pandemic in March 2020. […]
JLL Short Stays launches to compete with major OTAs
Reading Time: 2 minutesUK: Real estate services firm JLL has announced the launch of JLL Short Stays, a booking platform offering business and leisure travellers professionally managed and fully flexible short-term rental accommodation in the UK, in a bid to compete with the major online travel agencies [OTAs] in the segment. JLL Short Stays, which is being positioned […]
Vrbo expands Fast Start program to entice hosts from competitors
Reading Time: 2 minutesUK: Expedia Group vacation rental brand Vrbo has confirmed that Fast Start, a program designed to help new properties capture rental demand, has expanded to Canada, France and the UK, in a bid to attract hosts from other rental companies including Airbnb. It is claimed that the program increases the visibility of new properties in the first […]
Away and Aria Resorts merge to form £600m staycation powerhouse
Reading Time: 2 minutesUK: UK holiday park operators Away Resorts and Aria Resorts have agreed to merge to create a new staycation powerhouse, spurred on by this summer’s domestic travel boom and a frenzy of M&A activity in the space. Sky News reported that Away, which was recently acquired by CVC Capital Partners, is buying Aria from investment […]
Airbnb unveils trending British seaside destinations in 2021
Reading Time: 2 minutesUK: Airbnb has revealed the top ten trending British seaside destinations in the UK, as schools begin to break up for the summer. Sandgate in Kent and Ingoldmells in Lincolnshire topped the list after seeing the biggest rise in Brits searching for homes on the platform, whether it is families, friends or solo travellers. British […]