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AirDNA: Bright summer outlook expected in Europe

Europe

Reading Time: 2 minutesEurope / US: The latest data released by AirDNA has hinted at a bright summer outlook, especially in Europe, where demand has been pushed up by revitalised confidence in travel.

CorpHousing Group files for $30m IPO

CorpHousing Group

Reading Time: 2 minutesUS: Miami-based short-term rental operator CorpHousing Group, has filed with the US Securities and Exchange Commission [SEC] to raise up to $30 million in an initial public offering [IPO]. The company is aiming to raise $30 million by offering 4.3 million units at a price range of $6 to $8, according to Renaissance Capital. Each […]

Avenu Insights & Analytics launches rental solution

Avenu

Reading Time: < 1 minuteUS: Analytics and administrative solutions provider, Avenu Insights & Analytics, has announced the launch of a complete short-term rental solution for local governments to support lodging tax collection, licensing and code compliance across the United States. For more than 40 years, Avenu has provided software solutions and revenue enhancement services to develop proprietary analytic software […]

US short-term rental demand recovers above 2019 levels

demand

Reading Time: 2 minutesUS: In its latest monthly review, short-term rental data and analytics provider, AirDNA has reported that the US short-term rental industry has recovered demand above 2019 levels — marking the first month since the outbreak of Covid-19 to exceed performance from two years ago. In April 2021, US short-term rental demand increased by 66.4 per […]

SkyRun expands North American portfolio

SkyRun

Reading Time: < 1 minuteUS: Colorado-based vacation rental property management company SkyRun Vacation Rentals has announced that it has expanded its portfolio in the United States with the addition of six new destinations. The new destinations include Charleston and Kiawah, South Carolina, the Coast of Main, the Smoky Mountains, Tennessee, Highland Lakes, Texas, and Lake Geneva, Wisconsin. These additions, coupled […]

Bookings and demand fluctuate for US rentals in February

rentals

Reading Time: 2 minutesUS: Short-term rental analytics and data provider, AirDNA, has released its latest monthly review, in which it revealed short-term rentals in the United States hit two records in February, seeing both the worst performance for demand and the best month for new bookings ever. Demand for US short-term rentals fell by 27.5 per cent in February, compared […]

Vacation rental revenues halved, $35b loss in 2020

[Credit: Andrea Davis on Unsplash]

Reading Time: 2 minutesWorldwide: According to data from StockApps, the revenue of the global vacation rental industry is expected to drop by $35 billion in 2020, which equates to a 42 per cent drop year-on-year. In 2017 the industry generated $78.7 million in revenue, which rose by seven per cent to almost $84 billion in 2019. However in […]