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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.
STR industry unites to support those affected by Hawaii wildfires
Reading Time: 3 minutesUS: The short-term rental industry is uniting to support people affected by the deadly wildfires in Hawaii last week.
Outdoorsy launches $30m Oasis Fund with investors and partners
Reading Time: 3 minutesUS: 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.