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reAlpha completes direct listing to trade on Nasdaq
Reading Time: < 1 minuteUS: AI-powered real estate technology and investment company, reAlpha Tech Corp. [reAlpha], has completed its direct listing and begun publicly trading on the Nasdaq under the ticker symbol ‘AIRE’.
Guesty appoints chief evangelist and expands US presence
Reading Time: 2 minutesIsrael / US: All-in-one hospitality operations platform Guesty has announced the appointment of David Angotti as its chief evangelist.
GoCamp repositions as tech company
Reading Time: 2 minutesUS: GoCamp, which provides camper van travel experiences and connects renters to owners through a peer-to-peer marketplace, is developing and launching new technology to stake its claim further in the camper van rental market.
Real estate crowdfunding site Foothold debuts glamping product
Reading Time: < 1 minutePuerto Rico: Foothold.co [Foothold], a real estate crowdfunding platform for investing in “unique” hotels and glamping spaces, has announced the public launch of its product.
Safely raises $8m to spur growth and European expansion
Reading Time: 2 minutesUS: Atlanta-based insurtech and guest screening solution for the vacation and short-term rental market, Safely, has raised a further $8 million in funding.
NoiseAware rebrands as Rest and names new CRO
Reading Time: < 1 minuteUS: Noise monitoring platform NoiseAware has announced a rebrand to Rest as the company expands its detection capabilities beyond noise and into smoke detection.
Hyatt to debut Homes & Hideaways vacation rental platform
Reading Time: 3 minutesUS: Global hospitality company Hyatt Hotels Corporation has announced plans to introduce a new short-term vacation rental platform – Homes & Hideaways by World of Hyatt – “in the coming weeks”.
Evolve undergoes second extensive layoffs round this year
Reading Time: 2 minutesUS: 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.
Key Data: US STR market sees 17 per cent revenue drop
Reading Time: 3 minutesUS: 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.
AirDNA: US STR market breaks demand record in July
Reading Time: 2 minutesUS: 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.