US: Denver-based vacation rental management company Evolve is laying off 20 per cent of its workforce [175 employees] – its second round of job cuts this year – as first reported by Skift.
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US: The US short-term rental market saw a summer slowdown, experiencing a 17 per cent decline in RevPAR, according to analysis by short term rental data provider Key Data.
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US: Short-term rental data provider AirDNA’s latest monthly review of the US short-term rental market shows that July 2023 broke the record for the most short-term rental stays in one month, with 35.4 million nights stayed in the United States, beating last July’s previous high by 9.4 per cent.
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US: The short-term rental industry is uniting to support people affected by the deadly wildfires in Hawaii last week.
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US: Outdoor travel marketplace Outdoorsy has announced the launch of the Oasis Fund – a $30 million initiative dedicated exclusively to providing funding for the purchase of safari glamping tents for eligible entrepreneurs.
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US / Worldwide: During a summer so far defined by natural disasters [e.g. wildfires in Greece, floods in Italy, droughts in Southern Europe], flight delays and cancellations, and pilot shortages, Elad Schaffer of travel insurtech Faye, discusses the dos and don’ts when offering travel insurances for hospitality providers.
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US: Short-term rental advocacy organisation Rent Responsibly has announced the release of its new à la carte menu of support services for short-term rental alliances across the United States.
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US / Worldwide: Expedia Group has laid off an undisclosed number of team members in the United States and abroad [including in Czechia], in departments including travel operations, support, IT, recruiting, marketing and B2B services.
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Spain / US: Vacation rental software startup Lodgify has announced an integration with Google for vacation rental listings.
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Worldwide: Luxury hotel management group Mandarin Oriental is planning to expand its Exclusive Homes portfolio in Europe, Asia, the United States, and the Caribbean.
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