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New York-based Domio aims to become the ‘Airbnb of group travel’
Reading Time: 2 minutesUnited States: Vacation rental company Domio aims to become the ‘Airbnb of group travel’ after announcing a $50 million joint venture with private equity firm Upper90 to open aparthotel properties. The New York-based company is renting out curated vacation apartments to group travellers and started out by targeting young people travelling together in groups. It […]
Frontdesk receives investment from Milwaukee Bucks’ co-owner
Reading Time: 2 minutesUnited States: Milwaukee corporate housing management startup Frontdesk has received an investment of $250,000 from Milwaukee Bucks co-owner Marc Lasry. The sum will go towards the $1 million+ seed-plus funding round that Frontdesk is currently raising. According to Frontdesk co-founder, Jesse DePinto, the round is now oversubscribed. He said: “We are considering going to the […]
PointCentral appoints McCorry to Florida Vacation Rental Management Association board
Reading Time: < 1 minuteUnited States: PointCentral has announced the appointment of Shaun McCorry to its Board of the Florida Vacation Rental Management Association in Florida. McCorry has been working as account executive for the company, which represents a leading enterprise-scale Smart Home Automation solutions service for short-term vacation rental property managers. He said: “As integral contributors to the […]
Hospitality survey reveals Airbnb penetration down to ‘creative class’ and distribution
Reading Time: 2 minutesUnited States: Since 2008, Airbnb has grown exponentially as a vacation rental platform into the world’s second most valuable hospitality provider after Marriott. It now counts over 3,000,000 listings in more than 65,000 cities across the world, however critics argue its rapid growth has been accelerated by a lack of regulation. While this has led […]
RedAwning launches comprehensive vacation rental store on eBay
Reading Time: < 1 minuteUnited States: The world’s largest branded network of vacation rentals, RedAwning.com, is launching a store on eBay which will list up to 25,000 unique vacation rentals. Millions of eBay customers can now instantly purchase vacation rentals in a wide range of homes, apartments and condos across the US by selecting the Lodging section under eBay’s […]
Zumper raises $46 million to make its name in the long term rental market
Reading Time: 2 minutesUnited States: Zumper has raised $46 million in Series C funding as it tries to make its name as the Airbnb for long term rentals. Zumper, which launched in 2012 initially as a marketplace for renters to search for apartments, has expanded in recent years to help renters and landlords in posting and searching in […]
TurnKey Vacation Rentals wins Travel Weekly award
Reading Time: < 1 minuteUnited States: Turnkey Vacation Rentals, Inc. has been recognised with a Travel Weekly Magellan Award for Hospitality-Overall in the Vacation Rentals / Villas / Time Share category for the second consecutive year. The third-largest vacation rental management company in the United States manages over 3700 vacation rental properties in more than 55 markets, including in […]
Vacation home buyers prioritising profit over personal use
Reading Time: 2 minutesUnited States: Vacation home buyers are, for the first time ever, prioritising rental income over personal use in the United States, according to research from Savills and HomeAway. The Savills World Research survey, which was carried out between February and March this year, surveyed 4,300 property owners who list their vacation homes on HomeAway’s sites […]
Proposed ordinance would limit New Orleans’ homeowners’ short-term rental licences
Reading Time: 2 minutesUnited States: Short-term rental licences for New Orleans residents who rent out extra rooms in homes where they live full time may be limited under a new ordinance proposed by Residents for Ethical and Sustainable Tourism (REST). Under the new ordinance, residents would be required to have valid homestead exemptions and comply with safety regulations […]
Website allows tourists to find cannabis-themed vacation rental accommodation
Reading Time: 2 minutesWorldwide: A cannabis-themed vacation rental platform allows tourists to search for accommodation around the world which will let them smoke marijuana. Budandbreakfast.com proclaims itself to be the “largest collection of marijuana-friendly hotels and other cannabis-friendly rentals anywhere on the web.” It said it is “designed to make guests feel right at home as each of […]