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Guesty completes acquisition of French PMS Smily
Reading Time: 2 minutesUS/France: Guesty has completed its acquisition of French property management system and channel manager Smily, strengthening its investment in the French short-term rental market.
Airbnb commits $250m to new housing accelerator
Reading Time: 2 minutesUS: Airbnb has launched a Housing Accelerator with an initial $250 million financing commitment, which it says could unlock $5 billion in housing investment over the next ten years.
Rental Escapes launches white-label villa websites for travel advisors
Reading Time: 2 minutesUS: Luxury villa rental company Rental Escapes has launched a white-label website programme that allows travel advisors to market its portfolio through websites carrying their own branding.
Airbnb acquires New York headquarters for $81.5 million
Reading Time: 2 minutesUS: Airbnb has acquired its first office building in New York City for $81.5 million, signalling a long-term commitment to one of its largest employee hubs despite ongoing regulatory disputes over short-term rentals.
US cities collect $935m in short-term rental taxes, fees and fines, report finds
Reading Time: 2 minutesUS: Local governments across the United States have collected more than $935 million in taxes, registration fees and enforcement fines from short-term rentals since 2019, according to a new analysis by government transparency organisation OpenTheBooks.
Stricter STR ordinance takes effect in Santa Barbara
Reading Time: 2 minutesUS: Santa Barbara is moving closer to introducing stricter regulations for short-term rentals after the city’s Ordinance Committee voted to send a new proposal to the city council for consideration.
AirDNA forecasts stronger Airbnb ADR growth in Q2
Reading Time: < 1 minuteUS: AirDNA data suggests Airbnb could outperform revenue expectations in the second quarter, driven by stronger-than-expected average daily rates (ADR).
Airbnb leads $58m investment in travel startup WeRoad
Reading Time: < 1 minuteUS: Airbnb has led a $58 million Series C investment round in adventure travel platform WeRoad, as the company prepares to expand into the US market.
Lake.com exceeds 75,000 properties
Reading Time: 2 minutesUS:The travel platform Lake.com today announced it has surpassed 75,000 vacation rental listings, doubling its inventory in 90 days.
Casago launches Idaho franchise
Reading Time: 2 minutesUS: Casago, a premier franchise-based vacation rental management company, has expanded its Idaho presence with a new locally owned and operated franchise serving McCall and the greater Boise area, led by Idaho residents Alex and Susan Pedigo.