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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.
Faye: Travel insurance dos and don’ts for severe weather
Reading Time: 4 minutesUS / 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.
Rent Responsibly launches à la carte support services for alliances
Reading Time: 3 minutesUS: 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.
Expedia lays off US and Czech staff in “targeted actions”
Reading Time: 2 minutesUS / 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.
Lodgify integrates with Google for vacation rentals
Reading Time: 2 minutesSpain / US: Vacation rental software startup Lodgify has announced an integration with Google for vacation rental listings.
Mandarin Oriental plans global expansion for Exclusive Homes
Reading Time: 2 minutesWorldwide: Luxury hotel management group Mandarin Oriental is planning to expand its Exclusive Homes portfolio in Europe, Asia, the United States, and the Caribbean.
Travel insurtech Faye lands $10m in Series A funding
Reading Time: 2 minutesIsrael / US: Travel insurance startup Faye has announced that it has raised $10 million in Series A funding, just a year after launching its product in the United States, bringing the company’s total funding to date to $18 million.
AirDNA: US short-term rental market ends 2022 on high note
Reading Time: 2 minutesUS: The US short-term rental market rang in the new year with strong demand, with 19.8 per cent more nights stayed in December 2022, more than the 16.7 per cent year-over-year growth for November, according to AirDNA.
Guests count on host generosity for Hurricane Ian booking refunds
Reading Time: 3 minutesUS: Guests with short-term rental bookings in Hurricane Ian-affected areas of Florida will need to count on the generosity of hosts to claim refunds.
Guesty accelerates acquisition spree with Kigo and HiRUM
Reading Time: 3 minutesIsrael / US / Australia / Spain: Property management platform Guesty has acquired Spain-based vacation rental software firm, Kigo, and Australian property management software company, HiRUM.